Zebec, a Solana – based programmed cash flow protocol, has partnered with Visa to participate in the exclusive Visa Fintech Fast Track program.
According to a press release, Zebec is the first Solana – based project to be accepted into the Visa program, which has supported companies including Stripe, Chime and Crypto.com.
Ongoing payments are coming to Solana and Visa wants to be a part of it
Despite being one of the giants of the traditional financial system, Visa is one of the few large financial companies that has embraced cryptocurrencies with open arms. The company has been very successful with its cryptocurrency-linked cards in 2021 and has invested heavily in cryptocurrency payment businesses over the past few months.
Its Fintech Fast Track program is designed to provide innovative fintech companies with the tools to accelerate their growth and pave the way for new business models. Since its inception, it has nurtured major payment companies such as Stripe, Chime, and Crypto.com.
And now the program has boarded its first project based on Solana – a programmable cash flow protocol called Zebec.
A global crypto head at Visa said the Fast Track program enables Visa to provide the resources it needs to provide efficient scale to fast – growing companies.
Zebec is facing the huge growth of the digital economy and Web3 over the past year. The protocol introduces a programmable, continuous flow of money that makes it easy for anyone to send and receive money. Zebec Pay is a payroll processing system on the chaintax-compliant, allowing employees to get paid per second, either in USDC or other stablecoins.
” From payroll to investments, donations, rewards and much more, Zebec fully reimagines all financial transactions by making them programmable and continuous.“, said Sam Thapaliya, founder and CEO of Zebec Protocol. ” We are delighted to partner with Visa to speed up the process of bringing our innovative payment solutions to millions of users worldwide. »
The expansion of Visa’s program comes after Zebec received $ 6 million in new funding from Republic Capital, Shima Capital, Breyer Capital and other top crypto investors.