Mastercard Stock News

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November 16, (THEWILL) Airtel Africa Plc has said that three major investors, Qatar Investment Authority (QIA), TPG, a U.S. private equity firm, and Mastercard have increased their investments in Airtel Money to $500million following the approval-in-principle granted it recently by the Central Bank of Nigeria (CBN) to operate a Payment Service Bank. Airtel made [] The post PSB Licence: Airtel Records $500m Investment from Mastercard, Others appeared first on THEWILL NEWS MEDIA .

Airtel Africa Plc has announced the completion of the second phase of its money minority investment transaction with TPGs The Rise Fund, Mastercard and the Qatar Investment Authority (QIA). In the second closing of the deal, Airtel Africa raised additional $125 million from the aforementioned investors through the sale of shares in its mobile money []

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By Aduragbemi Omiyale The trio of Mastercard, TPG and QIA has increased their investments in Airtel Money to $500 million, Airtel Africa Plc, the parent company of the business, has confirmed. The three firms in their second tranche of investments pumped $125 million into the business, a notice filed to the Nigerian Exchange (NGX) Limited []

SampathCards was conferred with the Best Revenue Generating Overall Card Base award by Daraz at the recently concluded Daraz Payment Partner Performance Awards 2021. The award recognizes the exceptional value delivered to Daraz by SampathCards, by generating the highest total payment volume by both credit and debit card bases for Daraz during the financial year 2020 21. Backed by global e-commerce giant, the Alibaba Group, Daraz has effectively brought together consumers, merchants, and other stakeholders to grow into Sri Lankas largest online marketplace. Adding to the appeal of the wide range of products and irresistible deals available on Daraz, SampathCards has been offering added discounts, 0% interest extended settlement plans and other benefits to purchases made on www.daraz.lk and the Daraz mobile app to its credit and debit cardholders all through the year. Deals and discounts like this have been instrumental in helping SampathCards deliver outstanding results for partners like Daraz.

The firm is bolstering its fraud and risk management capabilities, citing heightened fraud, money laundering and terrorist financing activities amidst the Covid-19 pandemic. Singapore-headquartered Aleta Planet has hired Daniel Ang as head of risk management with effect from Monday, according to a statement by the fintech startup. Ang has over 30 years of experience in fraud risk management, including developing fraud detection systems, handling investigations into alleged corporate wrongdoings, and writing global policies covering fraud detection, prevention and response. He began his career at the Singapore Police Force''s Criminal Investigation Department and has worked in Singapore and Indonesia for companies like Citibank, Bank Mandiri and Quatrro Risk Management Consulting Services. Reporting to Goi Wang Firn , head of group operations, Ang will develop groupwide risk management policies and procedures, fraud risk strategies and rules, manage fraud reporting, oversee the risk team and train risk mangers, the announcement said.

In todays top retail news, consumers are expected to spend heartily in the run-up to and days after Thanksgiving, while direct-to-consumer mattress company Casper Sleep is set to go private less than two years after its IPO. Also, Rue Gilt Groupe said in a filing with the U.S. Securities and Exchange Commission that it sees []

LifeSteps Financial Inc. lifted its position in Mastercard Incorporated (NYSE:MA) by 4.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,959 shares of the credit services provider’s stock after buying an additional 77 shares during the period. LifeSteps Financial Inc.’s holdings […]

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Cox Capital Mgt LLC lifted its holdings in shares of Mastercard Incorporated (NYSE:MA) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,483 shares of the credit services providers stock after acquiring an additional 149 shares during the []

The MASTERCARD INTERNATIONAL INC. EMPLOYEES'' PAC successfully filed their F3XN NOVEMBER MONTHLY with the coverage period of 10/01/2021 to 10/31/2021 and a confirmation ID of FEC-1548226 *********CommitteeId: C00410274 | FilingId: 1548226 | FormType: F3XN | CoverageFrom: 10/01/2021 | CoverageThrough: 10/31/2021 | ReportType: NOVEMBER MONTHLY*********

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