Visa calls on innovative startups in Qatar to enter global competition – The Peninsula

Visa calls on innovative startups in Qatar to enter global competition – The Peninsula

Visa, the world’s leader in digital payments, is calling out to fintech and payment startups in Qatar to showcase their innovative products and solutions at the 2022 Visa Everywhere Initiative (VEI), a global open innovation program.

The final date to submit applications to the global pitch competition for startups is on April 4, 2022, while the VEI Central and Eastern Europe, Middle East and Africa (CEMEA) regional finale will be held on June 8, 2022.

“For fintechs with solutions to some of today’s commerce challenges, Visa’s Everywhere Initiative is where they need to be. It’s a great platform to gain exposure and have a chance to work with Visa in building solutions that power seamless money movement everywhere. I’m excited about this year’s competition and looking forward to seeing the many inno-vative solutions from fintechs here in Qatar,” said Dr. Sudheer Nair, Visa’s Country Manager for Qatar.

This year’s program has expanded to include startups that are using crypto-currency and Visa Direct, a payment solution that can help businesses move money to billions of endpoints worldwide via card and account rails, in innovative ways.

The CEMEA regional winners will be awarded monetary prizes up to $45,000 and will move forward to the global finals