Hitachi Payment Services & IvyCamp team to drive FinTech innovation

By Gloria Mathias

Hitachi Payment Services, an end-to-end payments and commerce solutions provider in India, has announced a partnership with IvyCamp, a global alumni-based engagement initiative of IvyCap Ventures.

The partnership will propel digital payment innovation through the Hitachi Payments Accelerator (HPX) program. The program, Hitachi Payments Accelerator (HPX), aims to engage with FinTech startups and foster innovation by accelerating the development of technology solutions.

The collaboration will identify and mentor promising startups in domains such as ERP/Billing, Segmented Payment Solutions, Embedded Finance, Issuance, Payments Compliance, Banking as a Service, AI/Gen AI, Core Banking, Web 3.0/CBDC, and more.

Selected startups will gain access to:

• Extensive customer networks and a platform to launch and scale their innovations.
• Integration with Hitachi Payment Services’ advanced technology stack.
• The opportunity to pilot their solutions, with the potential for commercial partnerships for successful pilots.

Anuj Khosla, CEO of Digital Business, Hitachi Payment Services, said, “At Hitachi Payment Services, we believe that collaboration is key to addressing real-world challenges and shaping the future of payments and commerce. Our partnership with IvyCamp reflects our commitment to fostering innovation and nurturing promising startups in the ecosystem. Hitachi Payments Accelerator (HPX) program provides a unique platform for startups to develop and

Anju Gupta, co-founder and President of IvyCamp, added, “The agility and innovation of startup founders, combined with the thought leadership of Hitachi Payment Services, creates a great opportunity to drive impactful innovation within the organisation and across its customer base. Startups benefit from access to a vast customer base of Hitachi Payment Services and the opportunity to scale their business while making a significant impact in the industry. By leveraging our global alumni network from IITs, IIMs, and top universities, IvyCamp offers unparalleled access to high-quality startups and fosters innovation through strategic corporate partnerships.”

The Hitachi Payments Accelerator (HPX) program is open to startups operating in the FinTech/payments space. IvyCamp, leveraging its extensive global alumni network of over 20,000 entrepreneurs, technologists, mentors, investors, corporate partners, and accelerators, will play a pivotal role in supporting the startups shortlisted in this program.