Hitachi Payment Services, a provider of end-to-end payment and commerce solutions in India, has announced a partnership with IvyCamp, the global alumni-based engagement initiative of IvyCap Ventures. Together, they are launching the Hitachi Payments Accelerator (HPX) programme to foster innovation in the digital payments ecosystem by engaging with promising fintech startups.
The HPX programme focuses on identifying and mentoring startups in cutting-edge domains such as ERP/Billing, Segmented Payment Solutions, Embedded Finance, Payments Compliance, Issuance, Banking as a Service, AI/Gen AI, Core Banking, Web 3.0 and Central Bank Digital Currencies (CBDCs). Selected startups will gain:
- Access to Hitachi Payment Services’ customer networks.
- Opportunities to integrate with advanced technology stacks.
- The chance to pilot their solutions, with the potential for commercial partnerships upon successful pilots.
Speaking on the partnership, Anuj Khosla, Chief Executive Officer (CEO) – Digital Business, Hitachi Payment Services, said, ” The collaboration is essential to solving real-world challenges and shaping the future of payments. Through our partnership with IvyCamp, we aim to nurture startups that redefine payment experiences and drive impactful advancements through the Hitachi Payments Accelerator (HPX) program.”
The HPX programme is open to fintech and payments-focused startups. IvyCamp will leverage its global alumni network of over 20,000 entrepreneurs, technologists, mentors, investors and corporate partners to support shortlisted startups.
Anju Gupta, Co-founder and President, IvyCamp, highlighted the synergy of the partnership, He said, “The agility of startups combined with Hitachi Payment Services’ thought leadership creates an excellent platform for impactful innovation. Leveraging our global alumni network of IITs, IIMs and other top universities, we aim to provide startups with unparalleled support to scale their businesses and leave a significant industry impact.”
By offering resources, mentorship and strategic opportunities, the collaboration between Hitachi Payment Services and IvyCamp is set to drive innovation and redefine the digital payment landscape.
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