Mastercard partners with Scale to accelerate fintech market deployment in Africa and the Middle East

Mastercard has partnered with Scale, an issuer orchestration partner, to expedite market deployment for fintech companies across Africa and the Middle East. This collaboration aims to remove technical and commercial barriers for fintechs, PSPs, telcos, and other ecosystem players, allowing them to focus on core business operations and efficient product launches. The partnership will aid in securing BIN sponsorships, creating sustainable unit economics, and enhancing customer experience.

Mastercard and Scale will integrate their managed services into partners' systems, providing end-to-end support for card program implementation. Post-launch, Scale will assist in portfolio growth, revenue generation, and profitability. This initiative aims to bridge the digital gap, enhance financial inclusion, and improve access to financial services. Additionally, the collaboration will facilitate stakeholder partnerships in the card value chain, support merchants with digital financial products, and contribute to economic growth by reducing cash-based transactions.

Source: Technext