Mastercard selected Panda Remit for Start Path program

Fast-growing cross border fintech company Panda Remit partners with Mastercard to accelerate global expansion

We are thrilled to announce that Panda Remit has been selected to join Mastercard Start Path, a program that enables fintech startups to rapidly scale through unparalleled access to Mastercard’s technology, solutions expertise, and partners around the world.

Launched in 2014, Start Path is Mastercard’s award-winning startup engagement program that brings together a network of innovators from across the globe to shape the future of commerce together. Startups benefit from the knowledge of a global network of Mastercard experts, technologies and channels. 

Banks and merchants gain access to a global portfolio of elite startups to accelerate commercial products and solutions through collaboration. Many startups that have participated in Start Path have gone on to raise over $2.9B in capital investment.

We are excited to be a part of Start Path. We plan to work with Mastercard to service our joint ecosystem partners, enable new forms of payments and connectivity, and bring the most innovative fintech solutions to all parts of the globe.

In today’s world we’ve seen an accelerated shift to digital – the bedrock of fintech – and evolving consumer habits which have created an immediate need for new solutions,” said Amy Neale, Senior Vice President, Start Path & Fintech at Mastercard. “Mastercard has selected Panda Remit to join its Start Path ecosystem of innovators and will provide them with the tools, resources and mentorship they need for success on their scaling journey.”

“Panda Remit is our first product of Nextpls Group, its mission is to bring competitive advantage to our clients by providing fast, security, cost efficient and transparent payment solution to support remittance from and to China,” said Ken Zheng, Co-founder & CEO, Nextpls Group. “We begin with remittance to China to build a global financial platform where money is without borders which is our long-term goal.”

"We’re proud to take part in the MasterCard Start Path program.” added Eric Zeng, Co-founder & President, “This will help open new doors for us and grow our global network to better serve our customers across the world. "

Panda Remit will help customers all over the world to set up an account in minutes, manage everyday spending, send money abroad and exchange currencies. Since its founding, they have grown fast and now operate in 28 sending countries and 129+ receiving corridors across the Americas, Europe, Asia, and Australia. The ability to quickly and cost-effectively get products to market is why organizations choose Panda Remit. 

We are honored Mastercard selected us for their Start Path program and look forward to what the future has in store!