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
Zain Group acquires full ownership of IHS Kuwait
Zain Group has announced a definitive agreement to acquire...
MTN extends CEO Ralph Mupita’s contract to 2030
MTN Group has announced the extension of President and...
Telefonica and AWS to test quantum technologies in mobile network
Amazon Web Services (AWS) has partnered with Telefonica Germany...