Worldline Partners with Zone Startups India to build an accelerator programme to foster innovation and entrepreneurship in the Paytech space

India — 16 / 05 / 2023

Mumbai, 16 May 2023: Worldline, a global leader in payment services, today announced the signing of a memorandum of understanding (MoU) to run an Accelerator Programme for payment technology start-ups with Zone Startups India - a part of BRTSIF (BIL-Ryerson Technology Startup Incubator Foundation- part of BSE). Worldline will also provide technology, business and knowledge platform to help grow these young start-ups being incubated by Zone Startups India.

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For the Paytech accelerator program, Worldline will work closely with the Zone Startups team to nurture innovation and entrepreneurship in the payment technologies space. The partnership is under the Buland Bharat initiative of Worldline and aims to create greater awareness of digital payment adoption across India. Zone Startups India provides an interdisciplinary coworking platform for selected start-ups with infrastructure, access to industry partners, business development support, mentoring, and client relations.

Worldline in India has over 20 years of payment experience and is one of the most preferred payment partners of choice for all leading banks, retail brands, e-commerce companies, NBFCs, Insurance, start-ups, and SMBs in India. Worldline will bring a wealth of expertise in payment technologies for selected start-ups to provide a platform to learn, brainstorm, and guide them from the early stages to jumpstart their growth and achieve scalability.

Mr. Vishal Maru, Executive Vice President, of Financial Institutions, Worldline India commented: “The BSE Zone Start-ups India is one of the sought-after start-up accelerators in India. It is fantastic to see the work they are doing to support innovation and entrepreneurship. We could not have asked for a better partner to carry forward Worldline's values of innovation and growth in building a sustainable start-up ecosystem for payment technology. We look forward to closely working with their team to make this a success.”
Mr. Hemant Gupta, Managing Director, of Zone Startups India commented: “It is wonderful to have Worldline as our business solution partner. With their network spanned around the globe, our start-ups are going to have the opportunity to interact with a wide range of Worldline merchants. The cohort will get unique opportunities for pilots from Worldline and mentorship from Worldline’s senior management. Looking forward to taking this accelerator program to new heights through this partnership.”

Worldline in India offers a one-stop shop for all payment needs – In-store payments, Online payments, and Omnichannel Payments. Worldline covers the whole payment value chain and end-to-end processes that facilitate services to over 1.5 million merchants across 5000 towns and cities in India.

About Worldline

Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated 4.4 billion euros in revenue in 2022. 

About Zone Startups India

BIL-Ryerson Technology Startup Incubator Foundation (part of BSE) is a not-for-profit Start-up Ecosystem provider with a mandate to promote startups and support the Government of India’s vision for entrepreneurship development and a culture of innovation. It is a joint venture between BSE Institute Ltd., Mumbai, Ryerson University, Toronto, and Simon Fraser University, Vancouver. 

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Prithish Chakraborty

Prithish Chakraborty

Director- Marketing & Corporate Communications