According to Odaily, payment giant Mastercard has chosen five startups for its blockchain use case development program. The selected companies are Kulipa, Parfin, Peak, Triangle, and Venly.

Kulipa, based in France, is dedicated to issuing encrypted payment cards for digital wallets. Parfin, a UK-based company, primarily develops enterprise-level software products that enable financial institutions to adopt blockchain tracks.

Peak, a startup from Singapore, provides permissionless, borderless digital infrastructure for real-world applications. Triangle is a startup from the United States. Venly, headquartered in Belgium, is committed to simplifying blockchain integration for developers and businesses to support industry growth and digital transformation.