As interest in cryptocurrency and digital assets continues to rise, a new cohort will join the Mastercard Start Path Crypto startup engagement program dedicated to exploring and solving real world problems for people and businesses around the world using blockchain technology. Mastercard announced the five new startups joining the program are Ava Labs, Envel, Kash, LVL, and NiftyKey.
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Through this program and across the entire Mastercard Developers portfolio, the company provides an express lane for fintech companies of all sizes to build, launch and grow. Mastercard is continuously opening up more services and offering new state-of-the art tools so builders and dreamers from anywhere in the world can engage with Mastercard, rapidly innovate, and take new solutions to market at pace.
Through this unique program, these companies will connect with Mastercard’s ecosystem of partners across the globe to expand and accelerate blockchain technology innovation. They will explore new value-added services and blockchain protocol development opportunities to make it safer and easier for people, businesses, and developers to innovate and grow.
The new participants selected for the program are:
Ava Labs – Ava Labs makes it simple to launch decentralized applications on Avalanche, the fastest smart contracts platform in the blockchain industry by time to finality. The Avalanche blockchain provides a fast, low cost and eco-friendly platform to develop solutions for decentralized finance, enterprise use cases, digital collectibles, and more.
Envel – Envel® is an artificial intelligence-powered mobile banking app that thinks for you by automating budgeting, payments, savings and investments in real-time. Envel is seeking to integrate USDC stablecoin and blockchain technology into its platform.
Kash – Kash provides a peer-to-peer platform designed to make it easy and cheaper for people to save, invest and spend through the power of decentralized technology. Kash is exploring opportunities to solve for financial freedom to save, invest and protect against inflation, and build wealth with high-interest savings using stablecoins.