The payment services provider will invest up to $95,000 to establish joint venture projects with successful applicants.

QIWI Venture, the investment arm of Russian electronic payment technology company QIWI Group, has launched a new acceleration programme, Universe 2.0.

Like its predecessor, QIWI Universe, Universe 2.0 is intended to facilitate the quick launch of pilot projects which are looking to work in partnership with the company.

QIWI hopes the accelerator will attract both major, established companies and startups which are still in the early stages of development.

Participating startups will receive up to $16,000…