Nigerian fintech companies Paga, Sparkle, Kuda Bank and Wallet Africa have joined hands with Visa to rebuild the global economy which has taken a toll from COVID-19 pandemic through Visa’s fintech Fast Track programme.
To provide increased support for the ecosystem, Visa is providing a rich Partner Toolkit to help fintechs accelerate their growth and better serve their customers as well as a certification programme called Visa Ready for Fintech Enablers, which makes it easier for fintechs to quickly connect with certified partners for digital issuance and other key services.
Fintech leaders around the world are increasingly choosing to work with Visa across key categories including digital wallets, digital banking, ‘Buy Now, Pay Later’, B2B payments, cross-border remittance, bill payments, payments infrastructure, and person-to-person payments.
Other fintechs partnering with Visa include Paypal, Stripe, Arca, ZappGroup and, Chipper cash, among many others. With the expansion of Visa’s industry leading Fast Track program, fintechs are armed with the tools to become category winners. Fast Track participation has grown 360 per cent year-over-year, and Visa has welcomed hundreds of fintechs who are actively engaged in the program.
CEMEA Vice President, Head of Strategic Partnerships, Fintech & Ventures, Visa, Otto Williams said, “It’s thrilling to see fintech partners utilize our programs and network to digitize financial services and improve the lives of the consumers and businesses they touch.
“Through the Fast Track program, we’re providing fintechs with a simple set of tools to bring their products to life. The resources we provide, such as online licensing and card design, have helped make Fast Track the leading program for fintechs.”
The Visa Fast Track Partner Toolkit is designed specifically for fintech partners who onboard with the program. The toolkit was created to accelerate a company’s growth and provides extraordinary access to Visa’s experts in strategy, marketing, design, risk management, and more.
Through the toolkit, partners can leverage educational resources like payments boot camps to help upskill a company’s knowledge of the industry, tap into key strategic resources to craft customized benchmarking studies and utilize Visa’s online card design tools to help build and launch a card into market quickly.