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Mastercard to Buy $5.2 Billion Stake in MTN

MTN Group Ltd. confirmed on Monday that Mastercard has agreed to purchase a $5.2 billion stake in the company's financial-technology business. Shares in Africa's largest mobile telecommunication company rose by 10% on the Johannesburg Stock Exchange following the announcement. The deal is composed of...

Mastercard Looking to Expand Its Involvement in Crypto Industry

While most finance and payment services are taking cautions about crypto, Mastercard is looking to get involved further in the industry. The company announced earlier this week that it wants to establish partnerships with more crypto firms as a way to expand its crypto...