Western Union and Techstars to Drive Payments Innovation
Summary
Each year, 10 startups will form a class that takes part in Techstars proven accelerator program including interacting with and receiving mentoring from Western Union executives.“Through the accelerator program, we will mentor startups to test their ideas, focus their concepts, and help them bring-to-market innovative customer solutions to the ever-changing financial industry,” said Hikmet Ersek, President & CEO at Western Union.“We are excited to work with a global company like Western Union so we can foster the right connections for a multitude of startups and help them gain access to the mentorship and resources they need to succeed,” said David Brown, founder and Co-CEO of Techstars.As of June 30, 2018, our network included over 550,000 retail agent locations offering Western Union, Vigo or Orlandi Valuta branded services in more than 200 countries and territories, with the capability to send money to billions of accounts.With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.