Mastercard partners with Mojaloop and AfricaNenda to modernize African payment.

Mastercard announced a strategic partnership on September 29, 2026.

Primary

Mastercard

Date

September 29, 2026

Sub-sector

PAD/ACH & Bank Rails

While this signals continued investment in African payment rails, it's a large incumbent (Mastercard) collaboration announcement without disclosed financial terms or specific competitive implications for sub-$250M fintech founders building in the region.

Primary company

Mastercard

Counterparty

Not disclosed

Amount

Not disclosed

Event date

September 29, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com