Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Mastercard collaborates with fintech start-up, Scale
    Fintech

    Mastercard collaborates with fintech start-up, Scale

    August 16, 20245 Mins Read


    Mastercard collaborates with fintech start-up, Scale. Source: Shutterstock.com

    Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East.

    The collaboration will alleviate key technical and commercial barriers to entry that fintech companies, aggregators, enablers, payment service providers (PSPs) and telcos face when launching payment programmes, enabling them to focus on their core business and launch new products and services efficiently. 

    Amnah Ajmal, Executive Vice President, Market Development, EEMEA, Mastercard, said: “At Mastercard, we are committed to working with local ecosystem players to drive the growth of innovative payment solutions across the region with the aim of bridging the digital gap, enhancing financial inclusion and improving access to financial services. With its in-depth knowledge of the fintech landscape, Scale is our ideal partner in achieving these goals.”

    Mastercard and Scale will support fintech companies and other ecosystem players in securing BIN sponsorships, building sustainable unit economics, designing and commercialising their card and other payment programmes, productisation, assessing profitability models for their programmes and delivering world-class customer experience.

    Together with their partners, they will co-create inclusive value propositions that are poised for long-term growth.

    The collaboration will evolve into a technology proposition, enabling any tech company to acquire the Mastercard issuing capability through Scale

    Miranda Perumal, Co-Founder & CEO, Scale, commented: “Fintech companies move at speed and require commercially viable collaborations with experienced companies that cater to a cost-sensitive market. Through our exciting partnership with Mastercard, we are solving a major pain point and providing a single point of contact while absorbing the complexities of seeking a bank BIN sponsor, third-party processor and other payment solution providers. This combined ecosystem service allows fintech players to focus on their core business, and us to focus on ours, streamlining processes, enabling payments and supporting the programme’s growth to earn revenues faster.”

    Access the most comprehensive Company Profiles
    on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

    Company Profile – free
    sample

    Thank you!

    Your download email will arrive shortly

    We are confident about the
    unique
    quality of our Company Profiles. However, we want you to make the most
    beneficial
    decision for your business, so we offer a free sample that you can download by
    submitting the below form

    By GlobalData






    Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

    Mastercard will plug in its managed services into the partners’ systems and run their card programme implementation from end to end. In the post-launch period, Scale will assist the partners in growing their portfolios, driving revenues and achieving profitability by understanding consumer behaviours, market dynamics and competitors.

    Email newsletter icon

    Sign up for our daily news round-up!

    Give your business an edge with our leading industry insights.




    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    UK fintech SumUp hands London’s sleeping IPO market rare boost at $15B valuation

    Fintech

    NAICOM, fintech players join forces to increase insurance penetration in Nigeria 

    Fintech

    Top 10 Fintech Startups To Watch

    Fintech

    HALA secures $157m Series B to expand FinTech solutions

    Fintech

    Paysky showcases revolutionary fintech solutions at the first MTN Fintech Summit 2025 in Johannesburg

    Fintech

    Augmentum Fintech plc – Initial Public Offering of Gemini Space Station, Inc.

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    Fintech FNZ | Performances décevantes pour un gros investissement de la CDPQ

    Property

    Luxury London Properties Tied to Hasina Government | UK freezes £90m worth of London properties linked to Hasina regime: report

    Property

    How Attractive Is Realty Income After Recent Share Price Gains?

    Editors Picks

    Senate Committee Launches Probe into Trump’s Crypto Projects

    May 7, 2025

    Donald Trump lance la « Trump Gold Card » à 5 millions de dollars pour attirer les ultra-riches

    April 4, 2025

    NBA’s Adam Silver Has No Regrets About Sports Betting Support

    October 17, 2024

    China’s Clean Energy Investments Near Total Global Spend on Fossil Fuels

    February 19, 2025
    What's Hot

    Cryptocurrency Today: Why BAY Miner Is Redefining the Future of Digital Mining

    July 9, 2025

    Golden opportunity to realise boons of bitcoin

    August 23, 2024

    Dividend Stock: Muthoot Finance approves interim payout for FY25; check record date

    April 21, 2025
    Our Picks

    Cryptocurrency NEAR Protocol Rises More Than 4% In 24 hours

    October 18, 2024

    Avantasia à l’Olympia : metal, clin d’œil à Louis de Funès et 13 musiciens sur scène

    March 18, 2025

    Le Nigeria veut acquérir 2000 nouveaux tracteurs durant le premier semestre 2025

    January 14, 2025
    Weekly Top

    The best apps to invest your cash in TODAY to turn £10-a-week into £15,000 without even noticing it

    September 15, 2025

    Agricultural prices jumped by more than 17% in the past year, July data shows – The Irish Times

    September 15, 2025

    NAICOM, fintech players join forces to increase insurance penetration in Nigeria 

    September 15, 2025
    Editor's Pick

    Arizona Corporation Commission urges congress to exempt utilities from EPA hazardous waste costs

    August 21, 2024

    Penzance flood zone retirement flats plans spark objections

    August 3, 2025

    The Type Of Metal You Should Never Clean With Hydrogen Peroxide (& What To Do Instead)

    August 15, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.