Visa launched an Innovation Studio in Tel Aviv for Fintech companies

Visa announced the launch of Visa Innovation Studio in Tel Aviv. The studio will be a collaborative creation space, which will enable Visa to partner with Israeli fintek companies and develop the most suitable solutions for integration into its payment system.
"Innovation in Israel has developed into a thriving Fintek industry, and the new Visa Innovation Studio has been built to connect the Fintek companies to thousands of customers and partner businesses around the world who are looking for solutions to their challenges or new ways to differentiate," said Shachar Friedman, Visa's CEO and CEO of Visa Innovation Studio. "Visa Innovation Studio will enable Visa, its customers and business partners to explore technologies that have the potential to shape tomorrow's world of payments."
The launch of Visa Innovation Studio is a milestone in VISA's activity in Israel and demonstrates the company's commitment to continue to be involved in the Dynamic Fintek community in Israel. Visa Innovation Studio, located at the offices of Visa on Rothschild Boulevard, the heart of Tel Aviv's banking and banking industry, has been designed and built to enable collaborative work with the developers and start-ups to develop the next generation of payment solutions.
The new Visa Innovation Studio joins the network of Visa innovation centers operating in technology centers around the world, including Berlin, Dubai, London, New York, San Francisco, Miami, Sao Paulo, Singapore and Stockholm. The new Visa Innovation Studio will streamline Visa's integration with local start-up companies from the field of Pintek, and will deepen the company's collaboration with local venture capital funds, other Pintek centers and Visa partners and customers in Israel and around the world.
"What sets Visa apart from innovation is our focus on collaborating with customers and technology partners to deliver digital solutions to the real problems and needs of consumers and businesses," said Bill Gayda, senior vice president of innovation and strategic alliances at Visa. Our centers around the world have been very successful and we are very excited to open Visa Innovation Studio in Tel Aviv and bring this strategy to such a vibrant technological community. "
Visa Innovation Studio will focus on strategic partnerships with banks and other partners, providing an opportunity to connect Israeli companies to Visa's global financial institutions network and integrate them into Visa's many innovation initiatives.