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.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Telcos Turn to AI-Powered Insurance as ARPU Growth Stalls, Boosting Customer Loyalty and New Revenue Streams

Telecom operators are increasingly expanding into insurance services as...

Tele2 Cuts Capex 26 Percent in Q2 2026 While Accelerating 5G, Spectrum and Sovereign Cloud Investments

Tele2 has reduced capital expenditure during the second quarter...

Tele2 Q2 2026 Revenue Rises to SEK 7.39 bn as ARPU Growth, Cost Discipline, AI and Digital Investments Drive Performance

Tele2 has reported solid financial and operational performance for...