The Visa Everywhere Initiative (VEI)for 2024 is opening its doors, inviting fintech startups worldwide to step into the spotlight at the TechCrunch Disrupt event on October 28 in San Francisco. This global innovation competition is a beacon for fintech startups hungry to showcase their breakthrough solutions to the world, offering a dazzling platform for recognition and credibility building.
Since its inception in the U.S. in 2015, VEI has rapidly evolved into a global program, drawing nearly 15,000 startup applications. This year promises an even grander stage, with selected finalists gaining the chance to present their innovations in front of Visa’s executives, potential clients, and an array of investors.
The global finals aren’t just about bragging rights. Tangible rewards and global visibility are clear destinations. Winners can walk away with $100,000 USD for the Overall Winner title, plus an Audience Favorite prize of $20,000 USD. Additionally, global finalists get to exhibit their companies alongside Visa in the TechCrunch Disrupt Pavilion, offering further exposure.
Regional Opportunities and Challenges
Before reaching the global stage, local and regional contests will pave the way. Each region, from the Levant to Europe and Latin America, sets its deadlines for applications, with regional finals leading up to the grand event in San Francisco. These contests spotlight the diverse and dynamic nature of fintech innovation across the globe, catering to a broad spectrum of fintech categories such as AI, big data, cybersecurity, and more.
The VEI stands as a testament to Visa’s commitment to fostering innovation in the fintech sector, providing startups with a golden opportunity to scale their solutions and impact the global financial ecosystem. It’s a rallying cry for fintech startups around the world to demonstrate their potential and contribute to shaping the future of payments and commerce.
