FinTech Alliance company Cledara has been selected as one of six FinTechs on Mastercard’s Start Path programme.
In Brief:
The payments giant has chosen FinTechs it feels will “build the future of sustainable lending, blockchain-powered social impact and more”.
They will work with Mastercard for six months, using its technology, expertise and resources with a view to scaling their businesses.
The other FinTechs selected are Asante Financial Services, Jifiti, Moeda Seeds, SpenDebt and Tippy.
What does this mean?
Mastercard runs several programmes like the Start Path, for FinTechs at various levels. It says these enable it to “deepen our relationships with FinTech builders and key partners”, enabled by APIs which mean startups can plug in to Mastercard tech.
This particular project focuses on building a more inclusive economy through FinTech innovation.
