Billionaire Bill Ackman exits Alphabet, adds Visa, Mastercard and Netflix
The hedge fund run by Bill Ackman sold its entire Alphabet holding during the second quarter while opening fresh positions in Visa, Mastercard and Netflix.
Mastercard
South African trio sells stablecoin startup BVNK to Mastercard for $1.8 billion, becoming instant billionaires
South African co-founders Jesse Hemson-Struthers, Donald Jackson and Chris Harmse have sold stablecoin startup BVNK to Mastercard for up to $1.8 billion.
Kenyan exec Peter Ndegwa's Safaricom partners with Mastercard to accelerate cross-border remittance
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Bank extends deal with Matercard
The collaboration, which has been instrumental in driving Kenya’s digital payments landscape, will provide enhanced value propositions for cardholders across the country.
Bank led by Kenyan tycoon James Mwangi partners with MasterCard to expand cross-border payments
Under the visionary leadership of Mwangi, Equity Group has emerged as a dominant force in East and Central Africa.
Ralph Mupita-led MTN Group to sell stake in $5.2-billion fintech unit to Mastercard
Under the leadership of Zimbabwean executive Ralph Mupita, MTN Group has solidified its position as Africa’s largest telecom services provider.