Mastercard to acquire minority stake in MTN’s fintech business

In this week's tech news roundup, MasterCard will acquire a minority stake in MTN Group's fintech division, based on a cash and debt-free enterprise valuation of approximately R99 billion. This is according to MTN Group CEO Ralph Mupita, speaking at an investor conference call this week , following the release of the firm’s interim financial results for the six-month period that ended in June. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb in just a few minutes of your time. #NewsVideo #cellc #mastercard News links: https://www.itweb.co.za/content/Gb3BwMWaLkXv2k6V https://www.itweb.co.za/content/o1Jr5MxP66AMKdWL https://www.itweb.co.za/content/WnpNgq21YXyMVrGd https://www.itweb.co.za/content/mQwkoM6YppJ73r9A https://www.itweb.co.za/content/j5alrMQAyE6MpYQk

Published on 19 August 2023