Mastercard to invest $200 million in MTN Group Fintech

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.
MTN store South AfricaThis 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Virgin Media 2025 Results: Revenue Declines, ARPU Trends, Subscriber Shifts and Fibre-Led Strategy Shape 2026 Outlook

Virgin Media O2 reported mixed financial and operational performance...

Sunrise FY2025 results: revenue, ARPU, subscriber growth, broadband stability and Capex shape 2026 strategy

Sunrise has delivered its FY2025 results, highlighting stable revenue,...

MTN Group moves to acquire full ownership of IHS Towers in $2.2 bn deal

MTN Group has announced plans to acquire full ownership...

Zain posts record 2025 revenue as digital, fintech and 5G investments accelerate growth

Zain Group delivered its strongest financial performance in 16...