VIPE Fintechs Everypay & myTeam join forces
Exciting news alert! We’re thrilled to share that Everypay & myTeam have joined forces and achieved a remarkable collaboration milestone. As a key component of the Visa Innovation Program Europe, companies not only gain access to Visa and Visa’s top-tier clients, but they also get the express lane to fast-track, test, validate, and unleash their game-changing solutions within Visa’s extensive ecosystem of financial institutions, corporates, and startups.
EveryPay is a fully licensed PSP, regulated by the Bank of Greece. Everypay’s Payment Gateway (PGW) is the most advanced in Greece and one of the fastest in Europe. MyTeam, based in Athens, uses its online platform to solve problems relating to optimizing the daily operations and financial management of sports clubs and organizations, as well as improving communication with their members.
The partnership stemmed from myTeam’s goal to digitize sports club operations, particularly in the area of payments. With Everypay’s reputation as a reliable and secure payment processing partner, the company aligned perfectly with their mission. The partnership thus far has benefited them in a number of ways. Firstly, by integrating Everypay’s payment processing capabilities into myTeam’s platform, they are able to offer a seamless and efficient payment experience to sports clubs. This will result in increasing efficiency, reducing administrative burden, and improving financial transparency. Additionally, they are positive that Everypay’s user-friendly interface and diverse payment options will enhance customer satisfaction and retention rates for myTeam.
The seamless integration of Everypay’s payment processing functionalities within myTeam’s platform has played a significant role in determining the success of their collaboration. They plan on achieving high levels of user satisfaction with a smooth and hassle-free payment experience for sports clubs and their members. As a result of this collaboration, myTeam’s clients benefit from a secure and efficient payment processing solution, saving them time, reducing errors, and streamlining financial operations. This empowers sports clubs to focus on their core activities and deliver an enhanced experience to their members.
Leveraging the Visa Innovation Program Europe
Where do we even start? Before myTeam was selected to be part of the 2023 VIPE cohort, Eleven Ventures, a main program partner and one of the leading early-stage VCs in Southeast Europe, already was in conversation with the founders about investing in the platform. Fast forward to today – they are proud supporters! For context, Eleven is one of the leading early-stage VCs in Southeast Europe, investing in startups since 2012. With 150 collective investments over 10 years, Eleven’s team has been instrumental in catalyzing the regional startup ecosystem.
myTeam expresses that the VIPE has provided them with access to Visa’s extensive network, resources, and expertise in the payment industry, allowing them to stay at the forefront of cutting-edge payment technologies, industry trends, and best practices. By leveraging the Visa Innovation Program, they can enhance their payment solutions, explore new growth opportunities, and expand their reach within the sports industry. The program also facilitates valuable connections with industry leaders, fostering collaboration and innovation within the sports club ecosystem. Ultimately, their participation in the Visa Innovation Program positions them as trusted and forward-thinking partners for sports clubs seeking advanced payment solutions and not only.
“We are delighted with our upcoming collaboration with myTeam and the opportunity to empower a fast-growing startup into its next growth stage. EveryPay’s unique marketplace API and broad payment processing capabilities enable a marketplace like myTeam to have a seamless payment experience, end-to-end settlements to the teams, best-in-class transaction execution and reduced transaction costs. We are excited about myTeam’s potential and remain committed to supporting their financial services needs”, says CEO of Everypay, Georgios Syntelis.
MyTeam is excited about its partnership with Everypay and envisions a long-term & mutually beneficial partnership. As the sports industry continues to embrace digital transformation, they plan to collaborate closely with Everypay to innovate and adapt to emerging payment trends. In the future, they aim to further enhance the integration of Everypay’s payment processing capabilities into the platform. They will continue to work together to provide ongoing technical support, ensure seamless updates, and optimize the payment experience for sports clubs. By aligning their strategies and leveraging each other’s strengths, they strive to be at the forefront of revolutionizing sports club payments.
Looking forward to seeing this partnership flourish shape the banking landscape. Exciting times lie ahead!