Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
This follows Mastercard and MTN’s recent agreement for a minority investment into MTN Group Fintech - the digital financial services arm of Africa’s largest mobile network operator – that concluded this month.
- This follows Mastercard and MTN’s recent agreement for a minority investment into MTN Group Fintech - the digital financial services arm of Africa’s largest mobile network operator – that concluded this month.
- We are very proud of our partnership with MTN that will enable digital commerce for millions of people in Africa.
- Through the partnership, consumers will now have expanded reach for mobile money remittance services – both inward and cross-border remittances in Africa.
- The company has pledged to bring 1 billion people and 50 million SMEs into the global digital economy by 2025.