Egypt’s Information Technology Industry Development Agency (ITIDA) has collaborated with Visa to launch their fintech training programme for Egyptian fintech startups and entrepreneurs.
The ITIDA-VISA Mentorship Programme aims to enhance cooperation in supporting entrepreneurship, encouraging startups to develop innovative fintech solutions, and promoting digital payments in Egypt.
Furthermore, the shortlisted fintech startups will avail Visa’s global partner network to empower their business and enrich their market experience.
Upon joining the programme, the participating fintech startups and entrepreneurs will be eligible to access VISA’s development Application Programming Interfaces (API), which facilitates integration with its global network and experimenting with VISA’s sandbox.
Additionally, the programme offers a prize of US$ 20,000 for the best performing startup, after completion of the technical training and the business mentorship that includes business models, market requirements review, and learning about business methodologies that speed up accessing Visa’s network.
The programme targets fintech startups with solutions in digital payments; insurance; empowering merchants to understand, accept and use digital payments; settlements; asset management; mobile solutions; peer-to-peer (p2p); microfinance; security; authentication; special focus on supporting women in business; and other fintech related solutions are all welcome to apply.
The deadline for receiving applications is on the 3rd of March.
Featured image: VISA
This article first appeared on fintechnews.ae.