Open Innovation in Central Europe with VISA

 
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Ute Koenig-Stemmler, Head of Business Development & Sales Non-Traditional Financial Institutions, Central Europe at VISA

We cover the following topics:

  • Ute's Business Development Central Europe mandate

  • VISA's activities in the region and in Switzerland in particular

  • VISA's investment in the FinTech space (e.g. acquisition of Earthport, a cross-border payments services provider or investment in SolarisBank, Banking-as-a-Platform start-up from Germany)

  • VISA's outreach to the FinTech community through VISA Everywhere initiative and their cooperation with Tomorrow, a sustainability-focused bank and Penta, credit cards for SMEs

  • Views on partnerships with start-ups and VISA's focus on working with companies looking to scale-up, leveraging their network

  • VISA in Switzerland cooperates with Yapeal, first independent Zurich start-up with the FinTech license

  • Note: The episode was recorded prior to pandemic lockdowns in Europe

What if money becomes fully electronic, so it would become nothing but electrons and photons moving around the world at the speed of light.
— Dee Hock, founder of VISA