MTN Group Ltd., Africa’s biggest wireless carrier, says Mastercard has agreed to take a minority stake in its financial-technology (fintech) business, which the company values at $5.2 billion. “Signing of the definitive investment agreements is expected to occur in the very near term,” MTN Chief Executive Officer Ralph Mupita said in a statement on Monday. […]
read more Mastercard to buy stake in MTN’s $5.2 billion fintech unit
Was this article helpful?
YesNo
Last modified: August 14, 2023
