- Mastercard has partnered with Scale to accelerate the launch of payment programs for fintech companies, aggregators, and other payment service providers across Africa and the Middle East.
- The partnership addresses key technical and commercial barriers faced by these companies, enabling them to focus on their core business and launch new products and services more efficiently.
- The collaboration brings benefits to a wide range of stakeholders, including financial institutions, merchants, governments, and consumers, by fostering financial inclusion, driving economic growth, and providing greater choice in financial products and services.
Mastercard has teamed up with Scale, a leading issuer orchestration partner, to streamline the launch of payment programs for fintech companies in Africa and the Middle East. This strategic collaboration aims to break down key barriers to entry for fintechs, aggregators, enablers, and telcos, enabling them to focus on core business and accelerate product development.
The partnership tackles common challenges faced by these companies, such as securing BIN sponsorships, building sustainable business models, and navigating the complex world of payment solution providers. Scale’s expertise in the fintech landscape combined with Mastercard’s global reach and technological prowess create a powerful ecosystem for driving innovation.
This collaboration goes beyond simply facilitating program launches. Mastercard and Scale will provide ongoing support, leveraging data and market insights to help partners grow their portfolios, drive revenue, and achieve profitability. This comprehensive approach benefits not only fintechs but also financial institutions, merchants, governments, and ultimately, consumers, by fostering greater financial inclusion and driving economic growth across the region.
The partnership promises to be a game-changer for the African and Middle Eastern fintech landscape, paving the way for a more vibrant and inclusive financial ecosystem.
