Visa Innovation Program Europe, Greece Cyprus Malta: 2023 Round Up

Endeavor Greece proudly joined forces with Visa and Eleven Ventures as a Program Partner, focusing efforts on key markets: Greece, Malta, and Cyprus. Over the past 5 years, the Visa Innovation Program played a crucial role in scaling up fintech startups, aligning with Endeavor Greece's mission to multiply their impact on local economies. As part of this collaborative initiative, Endeavor Greece aimed not only to identify top fintech startups but also to work closely with them, utilizing its network and the capabilities of the Visa Innovation Program to support their scaling efforts. The anticipation for the program's impact on transforming local economies was palpable, echoing the success stories witnessed in various markets.

In a significant move to foster innovation within the financial and payments sector, the Visa Innovation Program Europe announced the selection of 8 promising fintech companies for its 2023 edition in Greece, Cyprus, and Malta.

Let's let the numbers speak for themselves, shall we?

Out of a pool of 44 applications, these fintech innovators collaborated with Visa, Eleven Ventures, and Endeavor Greece, leveraging their expertise and extensive networks to drive advancements in the industry. This marked the program's 5th year, showcasing its continued commitment to identifying and nurturing the most promising startups in the region.

The selected fintech companies represented a diverse range of solutions and geographical origins. Billys, Cloudeo, MyTeam, Moveo, Futurae Technologies, Envirly, and PayNetX were selected in this cohort, offering solutions that spanned geospatial market simplification, sports club optimization, conversational AI, carbon management, and hybrid global financing platforms. These innovators had the opportunity to receive training and mentorship from subject matter experts, accelerating their solutions and expanding internationally through the support of Visa's global network.

As the program unfolds, its impact on the fintech ecosystem is evident. The collaboration between Visa, Eleven Ventures, and Endeavor Greece serves as a catalyst for growth, providing a platform for fintech startups to address payment and commerce challenges.

With 12 proof-of-concepts already underway, the program laid a strong foundation for future milestones and the addition of more fintech companies to the community. The Visa Innovation Program Europe was not only a testament to the state of innovation in the region but also a promising sign of sustained growth and collaboration as it looked towards the future, with the potential to shape the landscape of digital payments and fintech on a global scale.