HYPR Celebrates Inclusion in Mastercard Accelerator Program

“…the company framed the news in the wake of its recent $8 million funding round led by RRE Ventures, asserting that ‘Mastercard’s strategic investment further enables HYPR’s decentralized authentication solutions to extend into the millions of users across the Mastercard payments ecosystem.'”

HYPR is celebrating its placement in the latest class of the Mastercard Start Path accelerator program.

The class was announced last week, with Mastercard highlighting the diversity of its participants’ solutions, which span across the fields of social media-based payments, healthcare, blockchain, and more. For its part, HYPR’s decentralized approach to the storage of digital credentials secured its position in the group of pioneering firms.

In a statement acknowledging HYPR’s inclusion in the program, the company framed the news in the wake of its recent $8 million funding round led by RRE Ventures, asserting that “Mastercard’s strategic investment further enables HYPR’s decentralized authentication solutions to extend into the millions of users across the Mastercard payments ecosystem.” Elaborating further on that theme, HYPR COO Roman Kadinsky said, “Working with Mastercard allows us to bring our decentralized authentication systems to more devices and payments across the IoT.”

Other participants in the Mastercard Smart Path program include AID:Tech, b.well, Flutterwave, Goodworld, Mobeewave, Railsbank, Sensibill, ShieldPay, Trunomi, and Zeta Optima.

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December 6, 2017 – by Alex Perala