Payscript selected as one of eleven high-growth blockchain startups as part of the 2021 Algorand Europe Accelerator

Payscript is delighted to announce that we have been selected for The Algorand Foundation’s Inaugural Europe Accelerator! 

As we continue to innovate in the realm of digital payment solutions, our vision is to build a platform that completely transforms the crypto-payments process. Such a single point of reference for merchants and customers to complete transactions will be effectively supported by Algorand's distributed ledger technology and ensures security and scalability.

The 12-week accelerator program is a collective initiative between Eterna Capital, Borderless Capital, and the Algorand Foundation - the research and governance organisation behind the Algorand Protocol in an effort to support blockchain startups and entrepreneurs with an emphasis on Europe to build decentralized applications on Algorand blockchain. The program features eleven startups with valuable solutions and use-cases spanning Payment, Lending, Infrastructure, IoT and Network-driven Platforms.

Massimo Morini, Chief Economist at The Algorand Foundation, commented:

“Following the success of our Asia Accelerator Program, I’m excited about the launch of the Algorand Europe Accelerator. Europe is crucial for Algorand’s growth, and London is an important startup hub and a crucial financial centre”

The team at Payscript couldn’t be more thrilled to have Algorand support our vision of simplifying digital payments and innovating in the era of Finance 3.0.  As cryptocurrencies continue to pick up adoption at record rates, we believe Algorand’s network and technology will give us the necessary foundations to accelerate user-acquisition and achieve product-market fit. 

As part of the program, Payscript will also receive end-to-end support across the spectrum of strategy formulation, go-to-market execution, and subject matter guidance across technological mentorship, token economics, marketing and fundraising. Mentorship will be provided by a plethora of senior team members from leading organisations such as Coinbase, IBM, Winklevoss Capital, Coinlist, Securitize, MarketAcross, IDEX and Playground Global.

About The Algorand Foundation

The Algorand Foundation is a not-for-profit organization that has a vision of a borderless, frictionless economy built on public, decentralized blockchain technology. The Foundation envisions a wide breadth of applications being built on the Algorand protocol by a new, broader community of blockchain and mainstream developers. The Foundation is committed to facilitating this innovation in a sustainable and eco-friendly manner. For more information, visit https://algorand.foundation

About Borderless Capital

Borderless Capital is a modern financial institution investing capital and co-building financial products that accelerate access, bootstrap adoption, and create value globally through the Algorand Borderless Economy. We do not stop with just investment. We also provide guidance and mentorship to grow our portfolio companies into successful and category-leading businesses. As a thought leader in blockchain with deep expertise in the Algorand ecosystem, we advise our portfolio companies on go-to-market strategies to effectively build their network effect. In short, we leverage the synergy of our portfolio, partner network, and domain expertise to create value for everyone. For more information, visit https://www.borderlesscapital.io

About Eterna Capital

Eterna Capital is a London-based investment company focused on blockchain technology. Eterna Capital supports entrepreneurs that envision bold innovative ideas, and have the plan in place to make them happen. Eterna Capital is committed to help them reach their ambitious goals by providing unique insights and support. For more information, visit www.eternacapital.com 

About Payscript

Payscript is building a payment orchestration framework simplifying digital payment acceptance and crypto spending to remove barriers to widespread crypto adoption. 

Check out our website here.

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