Mastercard ventures into Africa’s fintech future with investment in MTN
Mastercard Inc. is set to acquire a minority stake in MTN Group Ltd.’s financial technology division. The undisclosed stake’s value is estimated at $5.2 billion.
Mastercard Inc. is set to acquire a minority stake in MTN Group Ltd.’s financial technology division. The undisclosed stake’s value is estimated at $5.2 billion.
The removal of the cross-holding simplifies Prosus and enables the continuation of the share repurchase programme at the Naspers level.
Sibusiso Ngwenya, the highly qualified head of Fintech at Telkom, explains the telecoms company’s partnership with Easy Equities.
Prosus is exploring divestments from its emerging-markets financial technology company PayU, according to people familiar with the matter.
Hong Kong is stressing its commitment to becoming a regional crypto hub – looking past the industry’s current turmoil.
Savage reckons the fintech sector’s move into ‘recessionary mode’ opens up the opportunity for EasyEquities to move out of its home base to global leadership.
In this in-depth podcast, Nedbank CEO Mike Brown tries (unsuccessfully) to hide his irritation at the slow pace of SA’s economic reform.
Mesh.trade is launching a decentralised financial markets platform that is promising speed and lower costs. Heading Mesh is Connie Bloem.
EasyEquities is the picture of bouncy optimism despite a share price that’s dropped from 330c to 215c in the past two months.
2020’s rockstar fund manager Cathie Wood has recently added South African conglomerate Discovery into Ark Invest’s FinTech fund.