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Visa Stakes $100,000 Fintech Tourney For Women Entrepreneurs

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Visa has staked $100,000 for women entrepreneurs from around the world to tackle Fintech and Social Impact in each of the two challenges in celebration of International Women’s Day.

Visa reinforced its dedication to women empowerment with the launch of the first Visa Everywhere Initiative: Women’s Global Edition. The programme will culminate with a finals event to be held during kick-off of the FIFA Women’s World Cup France 2019.

Chief marketing and communication officer, Visa, Lynne Biggar said “More than 163 million women around the world have started their own business in the last five years, accounting for up to 37 per cent of the workforce. Women entrepreneurship is on the rise and Visa is committed to inspiring more women to break through barriers through platforms like the Visa Everywhere Initiative.”

Since 2015, the Visa Everywhere Initiative has provided visionary solutions for commerce and payment challenges of tomorrow. The programme has activated regionally in 75 countries and awarded more than 70 leading startups with monetary prizes, mentorship and access to Visa’s clients and partners.

Now, for the first time, the programme will shift from regionally-focused events to a worldwide program centered on FinTech and Social Impact to shine a spotlight on the millions of underrepresented women business leaders and Visa’s commitment to micro and small businesses catalysing change.

To participate, companies with at least one female founder are invited to submit solutions that tackle challenges facing the FinTech and Social Impact landscapes today through one of the two innovative briefs.

According to Visa, eligible participants will be divided into six regions: North America, Latin America, Asia-Pacific, Europe (excluding France), France, Africa/Middle East. Each region will send one winner per challenge to the finals in Paris.

Applications are open for submissions from March 6th and closes April 14th while regional finalists selected per region in May. Global Finals will hold in Paris, France on June 7th.

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