Mastercard acquires a minority stake in MTN’s fintech business

Financial services company Mastercard has completed the acquisition of a minority stake in the fintech business of mobile operator MTN Group. According to a statement from MTN, the company has signed definitive agreements with Mastercard for a minority investment which could amount to $200 million (R3.8 billion) into MTN Group Fintech, valuing the business at … Continue reading Mastercard acquires a minority stake in MTN’s fintech business