Mastercard's venture capital arm, primarily through its Start Path program, focuses on strategic fintech investments that support its global payments ecosystem, including areas like payments, digital assets, cybersecurity, and open finance. Its strategy involves a partnership-first approach, providing later-stage startups with access to Mastercard's network, customers, and expertise, alongside potential direct investment, with a notable emphasis on supporting underrepresented fintech founders.
79% of their portfolio is in Fintech. Average disclosed round size is $60.2M (across 27 rounds with reported amounts).
Portfolio
29
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
29 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Hello Alice | Series C | — | Apr 2024 |
 Paysend | Growth | $65M | Nov 2023 |
 Lupiya | Series A | $8.3M | Oct 2023 |
| FFabrick | Unknown | $40M | May 2023 |
| TTomoCredit | Growth | $122M | Jul 2022 |
| TTomoCredit | Series B | $22M | Jul 2022 |
 Enveil | Series B | $25M | Apr 2022 |
 Jeeves | Series C | $180M | Mar 2022 |
 Stride Health | Series C | $47M | Oct 2021 |
 Synctera | Series A | $33M | Jun 2021 |
 ConsenSys | Unknown | $65M | Apr 2021 |
| AAirtel Mobile Commerce BV | Growth | $100M | Apr 2021 |
 Greenwood | Series A | $40M | Mar 2021 |
 MoCaFi | Series A | $12M | Mar 2021 |
 Goalsetter | Seed | $3.9M | Jan 2021 |
 Bond Financial Technologies, Inc. | Series A | $32M | Jul 2020 |
 DefinedCrowd | Series B | $50.5M | May 2020 |
 Flybits Inc. | Series C | $35M | Jul 2019 |
 Ellevest | Series B | $33M | Mar 2019 |
| DDivido | Series A | $15M | Sep 2018 |
| YYapStone | Series C | $100M | Feb 2018 |
 Airwallex | Series A | $13M | May 2017 |
 iZettle | Series D | $63M | Jan 2017 |
| BBionym | Series A | $14M | Sep 2014 |
| iZettle | Series B | $31.4M | Oct 2012 |
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Top Co-Investors
American Express Ventures3 shared
Silicon Valley Bank2 shared
Hyphen Capital2 shared
Vista Equity Partners2 shared
PNC Bank2 shared
Elevate Ventures2 shared
Lightspeed Venture Partners2 shared
Tencent Investment2 shared
Gaingels2 shared
InfraVia Growth1 shared
Accel1 shared
Meritech Capital1 shared
Greylock Partners1 shared
Northzone1 shared
Evolution Equity Partners1 shared
Kibo1 shared
Portugal Ventures1 shared
EDP Ventures1 shared
Amazon Alexa Fund1 shared
Semapa Next1 shared
Last updated: 12 April 2026