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Global payments tech firm Mastercard has expanded its Mastercard Engage programme to target Kenyan and Nigerian fintechs.
The platform, which was launched in 2017, connects issuers, merchants and Internet Of Things (IoT) manufacturers with technology partners that can help them deliver innovative payment solutions.
Kenyan tech publication TechTrendsKE reported in an article last Thursday (25 April) that the first Engage events will be held in Kenya and Nigeria.
The Mastercard Engage programme was launched in 2017
The events will introduce local fintechs to the programme’s broad partnership opportunities.
Mastercard East Africa area business head Adam Jones, commenting in the same article, said having more local partners not only supports Mastercard’s vision of innovating locally but brings its customers closer to service providers who better understand their businesses and markets. This ensures businesses can bring the right solutions to their customer more efficiently.
Mastercard West Africa area business head Omokehinde Adebanjo said the firm believes partnerships with regional regional fintechs who have a deep understanding of the local environment is crucial for ongoing innovation that delivers relevant payment solutions to empower communities.
Editor’s note (6 May 2019): Mastercard communications manager Toju Egbebi told Ventureburn in an email on 4 May that the first engage events were held on 26 March and 17 April in Kenya and Nigeria, respectively.
Featured image: Mastercard via Facebook