For the first time ever, Visa is pleased to present the first-ever Visa Everywhere Initiative: Women’s Global Edition. Read more below to find out what challenges are available and how to apply.
Application Deadline: 14th April, 2019 Eligible Countries: International
About the Award: Two challenges. Twelve finalists. Celebrating women entrepreneurs and their innovative ideas, solutions, and organizations.
Finalists will be invited to Paris, France in early June 2019, to pitch their solutions live in front of Visa leaders and clients. To reward the most impactful solutions, Visa will provide $100,000 USD to each challenge winner! Challenge Questions for 2019: We are pleased to present two challenge questions for this program:
Challenge 1 – Fintech Leveraging your company’s unique capabilities, how could your solution help transform consumer payments and/or commercial experiences locally, regionally, or globally?
What We Look For:
Your solution could apply to financial institutions, online-only banks and lenders, merchants, marketplaces, digital wallets, data analytics, loyalty programs, payment solutions or payment infrastructure
Areas we are interested in:
Issuer
ID, authentication and security
Direct business / Consumer lending
Online banking
Process and pay infrastructure
Enabler
Fin services and infrastructure
Blockchain/ crypto currency
Data and analytics
Investment management
Payments, wallets, transfers
Retail tech
Value Add
Process and pay infrastructure
Crowdfunding
Insuratech
Marketplace lending
Loyalty
Merchant services and tools
Money transfer and remittance
Personal finance
Wealth management
Prize Structure
Visa will select 1 finalist per region to travel to Paris for the opportunity to pitch their solution live at the Finals Event and attend the opening match of the FIFA Women’s World Cup™. The overall grand prize winner of the fintech challenge will receive $100,000 USD plus a potential opportunity to run a pilot with Visa and/or a Visa client.
Apply now Challenge 2 – Social ImpactHow can women entrepreneurs around the world drive social impact by supporting sustainable and equitable livelihoods and strengthening local / regional economies?
What We Look For:
Visa is looking for women entrepreneurs focused on social impact outcomes across micro and small business development, environmental and social responsibility, and community engagement.
Women-founded/ co-founded organizations (2 to 50 employees) with a mission (or project) that resonates with Visa’s Social Impact charter
Organization should have traction in market – live product / service, clients, sales revenue, etc.
Note: Social Impact Challenge applicants do *not* have to be a Fintech or tech-based startup
Areas we are interested in (charter):
Micro and small business development
Business skills development
Financial education / literacy
Access to capital / credit
Transition to digital payments
Improving connectivity
Building resilience through financial products (e.g., savings, insurance) etc.
Fair and equal ability to demonstrate potential and grow careers
Community giving
Humanitarian and disaster relief etc.
Prize Structure
Visa will select 1 finalist per region to travel to Paris for the opportunity to pitch their solution live at the Finals Event and attend the opening match of the FIFA Women’s World Cup™. The overall grand prize winner of the social impact challenge will receive $100,000 USD. Apply now
