The collaboration will specifically target technologies that facilitate the movement of money to and from Latin America. Each year until 2024, the programme will select a class of up to 12 fintech startups to participate in a 13-week agenda where entrepreneurs will work with mentors from Techstars, Stellar, and MoneyGram to solidify their value proposition and product-market-fit.
At the end of each class, the participants will present their progress and vision to a curated group of investors and stakeholders in the fintech community on Demo Day. Applications for the first class of startups will open on July 25, 2022, and the deadline to submit applications is October 12, 2022.
Stellar representatives explained that blockchain and digital assets are changing the cross-border payments process, enabling people to almost instantly send money internationally. They believe that they can improve access to the financial system for all participants and are happy to work with MoneyGram and Techstars to facilitate the next generation of innovators to build a more inclusive and accessible cross-border payments system.
This news is republished from another source. You can check the original article here
Be the first to comment