{"id":23945,"date":"2023-10-03T05:29:27","date_gmt":"2023-10-03T05:29:27","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/visa-to-invest-100-million-in-ai-fintech-startups-focused-on-payments\/"},"modified":"2023-10-03T05:29:28","modified_gmt":"2023-10-03T05:29:28","slug":"visa-to-invest-100-million-in-ai-fintech-startups-focused-on-payments","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=23945","title":{"rendered":"Visa to invest $100 million in AI fintech startups focused on payments"},"content":{"rendered":"
\n

Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. <\/p>\n

In a statement, the payments company said the initiative is intended to invest in \u201cthe next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.\u201d<\/p>\n

\n

Referring to itself as \u201ca pioneer of AI use in payments since 1993,\u201d Visa
\n V,
\n +0.55%<\/bg-quote>
\n said the initiative will be led by Visa Ventures, the company\u2019s global corporate-investment unit. <\/p>\n

\u201cWith generative AI\u2019s potential to be one of the most transformative technologies of our time, we are excited to expand our focus to invest in some of the most innovative and disruptive venture-backed startups building across generative AI, commerce and payments,\u201d said David Rolf, head of Visa Ventures, in a statement.<\/p>\n

The company joins a growing list of financial firms embracing the new technology, such as Morgan Stanley
\n MS,
\n -1.54%<\/bg-quote>,<\/span>
\n which became one of the first customers to use GPT-4, the newest iteration of Microsoft Corp. -backed
\n MSFT,
\n +1.92%<\/bg-quote>
\n Open AI\u2019s ChatGPT generative AI.<\/p>\n

Visa shares closed Monday up 0.6% at $231.27, as the Dow Jones Industrial Average
\n DJIA,<\/span>
\n of which Visa is a component, slipped 0.2. Visa shares are up 11.3% year to date, while the Dow is up 0.9%, the S&P 500 index
\n SPX
\n has gained 11.7%, and the Nasdaq Composite
\n COMP
\n has advanced 27.2%<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is intended to invest in \u201cthe next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.\u201d Referring to itself as<\/p>\n","protected":false},"author":1,"featured_media":23946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-23945","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nVisa to invest $100 million in AI fintech startups focused on payments | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microloannexus.com\/?p=23945\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Visa to invest $100 million in AI fintech startups focused on payments | Micro Loan Nexus\" \/>\n<meta property=\"og:description\" content=\"Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/microloannexus.com\/?p=23945\" \/>\n<meta property=\"og:site_name\" content=\"Micro Loan Nexus\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-03T05:29:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-03T05:29:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/10\/1696310967_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/microloannexus.com\/?p=23945#article\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/?p=23945\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\"},\"headline\":\"Visa to invest $100 million in AI fintech startups focused on payments\",\"datePublished\":\"2023-10-03T05:29:27+00:00\",\"dateModified\":\"2023-10-03T05:29:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/microloannexus.com\/?p=23945\"},\"wordCount\":237,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/microloannexus.com\/?p=23945#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/microloannexus.com\/?p=23945\",\"url\":\"https:\/\/microloannexus.com\/?p=23945\",\"name\":\"Visa to invest $100 million in AI fintech startups focused on payments | Micro Loan Nexus\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/#website\"},\"datePublished\":\"2023-10-03T05:29:27+00:00\",\"dateModified\":\"2023-10-03T05:29:28+00:00\",\"description\":\"Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is\",\"breadcrumb\":{\"@id\":\"https:\/\/microloannexus.com\/?p=23945#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/microloannexus.com\/?p=23945\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/microloannexus.com\/?p=23945#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/microloannexus.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Visa to invest $100 million in AI fintech startups focused on payments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/microloannexus.com\/#website\",\"url\":\"https:\/\/microloannexus.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/microloannexus.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/microloannexus.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/microloannexus.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/microloannexus.com\"],\"url\":\"https:\/\/microloannexus.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Visa to invest $100 million in AI fintech startups focused on payments | Micro Loan Nexus","description":"Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/microloannexus.com\/?p=23945","og_locale":"en_US","og_type":"article","og_title":"Visa to invest $100 million in AI fintech startups focused on payments | Micro Loan Nexus","og_description":"Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is","og_url":"https:\/\/microloannexus.com\/?p=23945","og_site_name":"Micro Loan Nexus","article_published_time":"2023-10-03T05:29:27+00:00","article_modified_time":"2023-10-03T05:29:28+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/10\/1696310967_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/microloannexus.com\/?p=23945#article","isPartOf":{"@id":"https:\/\/microloannexus.com\/?p=23945"},"author":{"name":"News Room","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a"},"headline":"Visa to invest $100 million in AI fintech startups focused on payments","datePublished":"2023-10-03T05:29:27+00:00","dateModified":"2023-10-03T05:29:28+00:00","mainEntityOfPage":{"@id":"https:\/\/microloannexus.com\/?p=23945"},"wordCount":237,"commentCount":0,"publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/microloannexus.com\/?p=23945#respond"]}]},{"@type":"WebPage","@id":"https:\/\/microloannexus.com\/?p=23945","url":"https:\/\/microloannexus.com\/?p=23945","name":"Visa to invest $100 million in AI fintech startups focused on payments | Micro Loan Nexus","isPartOf":{"@id":"https:\/\/microloannexus.com\/#website"},"datePublished":"2023-10-03T05:29:27+00:00","dateModified":"2023-10-03T05:29:28+00:00","description":"Visa Inc. said late Monday it was launching a $100 million generative AI ventures initiative. In a statement, the payments company said the initiative is","breadcrumb":{"@id":"https:\/\/microloannexus.com\/?p=23945#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/microloannexus.com\/?p=23945"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/microloannexus.com\/?p=23945#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/microloannexus.com\/"},{"@type":"ListItem","position":2,"name":"Visa to invest $100 million in AI fintech startups focused on payments"}]},{"@type":"WebSite","@id":"https:\/\/microloannexus.com\/#website","url":"https:\/\/microloannexus.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/microloannexus.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/microloannexus.com\/#organization","name":"Solutions For Real","url":"https:\/\/microloannexus.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/microloannexus.com"],"url":"https:\/\/microloannexus.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/23945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23945"}],"version-history":[{"count":1,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/23945\/revisions"}],"predecessor-version":[{"id":23947,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/23945\/revisions\/23947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/media\/23946"}],"wp:attachment":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}