Visa Cryptocurrency

Visa onboards first Solana project to its Fintech Fast Track program

Visa onboards first Solana project to its Fintech Fast Track program
Written by publishing team

Zebec, a programmable cash flow protocol, has partnered with Visa to join the exclusive Visa Fintech Fast Track Program.

According to a joint press release with CryptoSlate, Zebec is the first Solana-based project to be accepted into the Visa program, which supports companies like Stripe, Chime, and Crypto.com.

Ongoing payments are coming to Solana and Visa wants a part of it

Despite being one of the giants of the old financial system, Visa is one of the few major financial companies that have welcomed cryptocurrencies with open arms. The company has had great success with its crypto-related cards in 2021 and has invested heavily in crypto payments companies in the past several months.

The Fintech Fast Track program is designed to provide innovative FinTech companies with the tools to accelerate growth and pioneer new models of commerce. Since its inception, it has embraced major payment railroads such as Stripe, Chime, and Crypto.com.

Now, the software has set up its first project in Solana — a programmable cash flow protocol called Zebec.

Fast Track enables Visa to provide fast-growing businesses with the resources they need to expand efficiently, said Terry Angelos, Senior Vice President and Global Head of Cryptography at Visa.

“By joining the Visa Fast Track Program, exciting fintech companies like Zebec will gain unprecedented access to Visa’s experts, technologies and resources,” he said in a joint press release with CryptoSlate.

Zebec is riding the massive growth wave that the Digital and Web3 economy has seen in the past year. The protocol offers a continuous and programmable money flow protocol that makes it easy for anyone to send and receive money. Zebec Pay, the first implementation of the protocol, is an on-chain tax-compliant payroll processing system that allows employees to be paid by the second, either in USDC or other stablecoins.

“From payroll to investments, subscriptions, bonuses and more, Zebec completely reimagines every financial transaction by making it programmable and persistent,” Sam Thapalia, founder and CEO of Zebec Protocol, told CryptoSlate. “We are excited to join Visa to accelerate the delivery of innovative payment solutions to millions of users around the world.”

The expansion of the Visa program comes after Zebec received $6 million in new funding from Republic Capital, Shima Capital, Breyer Capital, and other crypto investors.

Posted in: Solana, Adoption

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