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Mastercard welcomes NEC Payments

Mastercard welcomes NEC Payments MANAMA, 2 hours, 51 minutes ago Mastercard has announced that the Bahrain-based NEC Payments is now a global partner of Mastercard Fintech Express, which connects tech-savvy startups with traditional players such as banks.    The programme supports digital payment innovators by making it simple to collaborate with the tech company and its partners to launch new products, add payment solutions and innovate through collaboration.   The partnership will enable other fintech players to start their Mastercard issuing business at speed, unlocking more opportunities for the entire ecosystem. NEC Payments is the first Fintech Express partner globally, bringing new scale to the possibilities and potential for start-ups.

Startup MGZN – Bahrain-based NEC Payments is welcomed by Mastercard as a global partner of FinTech Express

Press Release  Manama, Bahrain, 24 May 2021: Mastercard has announced that the Bahrain-based NEC Payments is now a global partner of Mastercard Fintech Express, which connects tech-savvy startups with traditional players such as banks. The program supports digital payment innovators by making it simple to collaborate with the tech company and its partners to launch new products, add payment solutions and innovate through collaboration. The partnership will enable other fintech players to start their Mastercard issuing business at speed, unlocking more opportunities for the entire ecosystem. NEC Payments is the first Fintech Express partner globally, bringing new scale to the possibilities and potential for start-ups.

iTWire - mx51 adds $25 million to coffers with capital raise

iTWire Monday, 24 May 2021 16:56 mx51 adds $25 million to coffers with capital raise Featured Victor Zheng, CEO mx51 Payments technology company mx51 has raised $25 million in a Series A round led by Acorn Capital, Artesian, Commencer Capital and Mastercard.  The funds represent mx51’s first major round of investment, secured less than 12 months after the company spun out of Assembly Payments in May 2020. The business is led and founded by former Westpac executive and former Assembly Payments co-CEO Victor Zheng.  mx5 says the round will allow it to rapidly expand in Australia and build out further functionality to compete with other payment platforms.

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