Observed Signal · Nov 13, 2023 · Partnership · Source: Trending Topics · Impact: 2/5 · Sentiment: Positive
Vienna Startup VIPASO Joins Mastercard Start Path Fintech Program
Austrian fintech startup VIPASO (Vienna Payment Solutions) has been selected to join Mastercard's Start Path Emerging Fintech program. VIPASO developed a mobile payment solution that uses Bluetooth Low Energy to initiate transactions between customers and merchants, requiring only two Bluetooth-enabled devices and eliminating the need for traditional payment terminals or additional hardware. CEO Matthias Horvath called the participation 'an incredible success' and highlighted access to Mastercard's global network of banks, merchants, partners, and digital players. President Wolfgang Platz emphasized the program's role in fostering financial inclusion and enriching the broader payments ecosystem. The program is designed as a springboard for promising fintech companies, supporting growth, scaling, and the next generation of commerce.
Minor fintech news: a BLE-based mobile POS payment startup joins Mastercard's accelerator, relevant to commerce infrastructure but tangential to core AdTech/MarTech.
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Key Takeaways & Evidence Grounding
- Mastercard selected VIPASO (Vienna Payment Solutions) for its Start Path Emerging Fintech program.
- VIPASO developed a Bluetooth Low Energy-based mobile payment solution requiring only two Bluetooth-enabled devices.
- The solution eliminates dependence on traditional payment terminals or additional hardware.
- Matthias Horvath is CEO of VIPASO; Wolfgang Platz is President.
- The program aims to support growth, scaling, and the next generation of commerce for fintech startups.
Connected Companies & Entities
1 Entity mapped“Das Startup VIPASO (Vienna Payment Solutions) hat bekannt gegeben, dass es als von Mastercard auserwählter Neuzuwachs am Mastercard Start Pa...”
Ontology Mapping & Concepts
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