Mastercard launches Fintech Express in the Middle East and Africa

Mastercard has launched Fintech Express in the Middle East and Africa. The program is designed for emerging and established businesses under the fintech umbrella looking to add payment solutions or innovate through partnerships.

The program aims to expand Mastercard’s partnership with fintech companies and to create a seamless process of bringing fintech enterprises into the Mastercard global network.

Mastercard Fintech Express

Fintech Express is working on three core modules which are Access, Build and Connect.

“Technological advancement and innovation are steering the digital financial services industry as fintech players are becoming globally mainstream and an increasing influx of these players are competing with large traditional players. With today’s announcement, we are taking the next step in further empowering them to fulfil their ambitions of scale and speed”

Gaurang Shah, Senior Vice President, Digital Payments & Labs, Middle East and Africa, Mastercard

Becoming an Express Partner allows brands to simplify and launch payment solutions. Mastercard says the process is shortened from a few months to a matter of days.

There are some players on the continent who have already joined forces with Mastercard under the Express Partner program:

  • Diamond Trust Bank (DTB), a bank operating in Kenya, Uganda, Tanzania and Burundi.
  • DPO Group, a payment service provider
  • Nedbank South Africa
  • Ukheshe (South Africa) a platform that aids banks and telcos provide small businesses with affordable digital banking solutions.

Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, chat with us using the chat feature at the bottom right of this screen