Mastercard partners with New Africa Technology to launch fintech card program in Senegal

Date: 2024-08-01
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Mastercard, a global leader in payments technology, has announced an exciting collaboration with New Africa Technology, a fintech innovator in Senegal, to launch its first fintech card program in the country. This partnership will introduce "Flash," a cutting-edge digital wallet, to individuals and businesses across Senegal, Côte d'Ivoire, and Benin.

Through Flash, users will enjoy seamless transactions, bill payments, and card-based purchases, promoting financial inclusion and economic stability in the region. This collaboration marks a significant milestone in Mastercard's commitment to providing innovative solutions that meet the everyday needs of African consumers.

According to Mark Elliott, President of Africa at Mastercard, digital payment transactions present a major growth opportunity in Africa. "We are committed to providing solutions that will allow more consumers and businesses to participate in formal financial systems," he said.

This partnership will empower communities with secure, accessible, and user-friendly digital payment solutions, further enhancing financial inclusion in the region. With Flash, Mastercard and New Africa Technology are set to revolutionize the way people make transactions, making financial services more convenient and accessible.

By:  Nana Appiah Acquaye

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