“Commerce.Innovated. plays an important role in supporting next-generation companies and accelerating innovation,” said Stephane Wyper, global lead for startup engagement and acceleration at MasterCard. “As part of the program, we want to find the best and brightest, help them develop the infrastructure and operations that they need to accelerate their growth and together reshape the future of the fintech industry.”
Commerce.Innovated. launched in 2014 and has worked with 17 commerce-, payments- and fintech-focused startups to date, including Alloy, Apruve, AppZen, CardFlight, Dash, Float, Footmarks, Gone, LaunchKey, Local Maven, Nowsta, Pay By Group, PennyOwl, Slide, Spend Labs, Splitwise and Standard Treasury.
“Commerce.Innovated. helped Splitwise advance our ambitious goals at both a tactical and strategic level,” said Jon Bittner, CEO and co-founder of Splitwise. “Even years later the Commerce.Innovated. team has stayed very engaged with the initiatives we started during the program, which has been very valuable for us.”
Applications for the next Commerce.Innovated. class that will run from September to December 2016 can be submitted online at www.commerceinnovated.com through July 10. Companies do not need to be current clients of Silicon Valley Bank or MasterCard to apply.