Mastercard will be making an investment of up to $200 million into MTN Group Fintech, valuing the entity at $5.2 billion, excluding cash and debt.
This strategic investment underscores the broader partnership between MTN Group and Mastercard, aimed at advancing technology and infrastructure to enhance financial inclusion across the African continent.
Mastercard to invest $200 million in MTN Group Fintech
More like thisRelated
Australia Mobile Services Market: Telstra, Optus, and TPG Drive 5G Growth and Rising Data Revenue
Australia’s mobile services market is dominated by three nationwide...
Telco Channel Strategy 2026: Partner Programs, IT-Telco Bundling and M&A Set to Transform the Industry
Telecommunications providers and their ecosystem partners are entering a...
SK Telecom Expands Global AI Alliances at MWC 2026, Showcases Sovereign AI and AIDC Vision
SK Telecom has intensified its global artificial intelligence strategy...
EURO-3C: European Commission and Telefonica Unveil €75 mn Pan-European Sovereign Telco-Edge-Cloud-AI Infrastructure
The European Commission and a consortium led by Telefonica...