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Corporation
FINANCE | Payments (non-internet/mobile) / Processing
mastercard.com

Investments

110

Portfolio Exits

19

Funds

1

Partners & Customers

10

Service Providers

3

About Mastercard

Mastercard (NYSE: MA) operates as a global technology company in the payments industry. The company's main services include facilitating safe, simple, and accessible digital transactions for individuals, financial institutions, governments, and businesses. It serves consumers, governments, and businesses. It was founded in 1966 and is based in New York, New York.

Headquarters Location

2000 Purchase Street

New York, New York, 10577,

United States

914-249-2000

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Expert Collections containing Mastercard

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Mastercard in 1 Expert Collection, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Latest Mastercard News

Reuters US Domestic News Summary

Dec 27, 2023

Reuters | Updated: 27-12-2023 05:25 IST | Created: 27-12-2023 05:25 IST SHARE Rapper Ye, the former Kanye West, apologizes in Hebrew for anti-Jewish remarks The rapper Ye, formerly known as Kanye West, issued an apology in Hebrew to the Jewish community on Tuesday for his past antisemitic remarks, saying he sought forgiveness and regretted any pain that his words had caused. Ye's apology, posted to X and Instagram, follows reports that the release of his new album, "Vultures," has been delayed until January. The release has been pushed back several times from its original date in October. Explainer-What's next after US Apple Watch import ban? A ban restricting imports of Apple's popular Apple Watches into the United States has gone into effect. Here is a look at what the ban means for consumers and what is next for Apple. Bayer wins latest Roundup cancer trial, ending losing streak Bayer has won a trial in a lawsuit brought by a California man who said he developed cancer from exposure to its Roundup weedkiller, ending what had been a five-trial losing streak for the company in trials over similar claims. The verdict was handed down on Friday by a jury in San Benito County, California Superior Court, Bayer announced. The company said in a statement that the verdict was "consistent with the evidence in this case that Roundup does not cause cancer and is not responsible for the plaintiff's illness." US extends tariff exclusions on some Chinese categories till May 31 The office of U.S. Trade Representative Katherine Tai on Tuesday announced a further extension of China "Section 301" tariff exclusions on 352 Chinese import and 77 COVID-19-related categories till May 31, 2024. THE TAKE Migrant caravan advances north as U.S. officials head to Mexico Thousands of migrants and asylum seekers moved slowly north across the southern Mexican state of Chiapas on Tuesday in a caravan hoping to reach the U.S. border, one day before top U.S. officials planned to visit Mexico to discuss migration. On Wednesday, Secretary of State Antony Blinken and Homeland Security chief Alejandro Mayorkas will visit Mexico to meet with Mexican President Andres Manuel Lopez Obrador. Ex-Nebraska congressman's conviction for lying to authorities is overturned A federal appeals court on Tuesday overturned the conviction of former Nebraska congressman Jeff Fortenberry for lying to authorities investigating illegal contributions to his 2016 reelection campaign, saying his trial was held in the wrong place. The 9th U.S. Circuit Court of Appeals said Fortenberry should not have been tried in Los Angeles, where the Republican's campaign allegedly received $30,000 from Lebanese-Nigerian billionaire Gilbert Chagoury, just because federal agents who later interviewed him about the money worked there. Trump shares poll showing voters associate potential second term with "revenge" Republican presidential contender Donald Trump posted a poll on Truth Social on Tuesday, highlighting that the word voters most associate with a potential second term under his command is "revenge." With campaigning ramping up ahead of the first Republican nomination contest, the post followed a separate Truth Social message on Christmas Day, in which the former president called on his political opponents to "rot in hell." Apple files appeal after Biden administration allows US ban on watch imports Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint from medical monitoring technology company Masimo, after U.S. President Joe Biden's administration declined to veto a government tribunal. The tech giant also filed an emergency request on Tuesday for the U.S. Court of Appeals for the Federal Circuit to halt the ban. As election looms, Biden struggles to match Trump's judicial appointments The White House is gearing up for what could be President Joe Biden's last chance to put his stamp on the judiciary, as progressive advocates fret that he may fall short of appointing as many judges as former President Donald Trump did over his four-year term. With a November 2024 election rematch between Biden and his Republican predecessor looking increasingly likely, Senate Democrats are pledging to remain focused on confirming Biden's judicial nominees in 2024 and adding to the 166 already approved to sit on the bench. US holiday retail sales grow 3.1%, down from prior year -Mastercard U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday. The increase is lower than the 3.7% growth Mastercard forecast in September and last year's 7.6% rise as higher interest rates and inflation pressured consumer spending. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:

Mastercard Investments

110 Investments

Mastercard has made 110 investments. Their latest investment was in PaySend as part of their Series C on November 29, 2023.

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Mastercard Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/29/2023

Series C

PaySend

$65M

Yes

4

8/14/2023

Corporate Minority

MoMo

Yes

1

8/14/2023

Corporate Minority

MTN MoMo

Yes

2

5/31/2023

Series A

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$XXM

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10

3/27/2023

Series A

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$XXM

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10

Date

11/29/2023

8/14/2023

8/14/2023

5/31/2023

3/27/2023

Round

Series C

Corporate Minority

Corporate Minority

Series A

Series A

Company

PaySend

MoMo

MTN MoMo

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Amount

$65M

$XXM

$XXM

New?

Yes

Yes

Yes

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Co-Investors

Sources

4

1

2

10

10

Mastercard Portfolio Exits

19 Portfolio Exits

Mastercard has 19 portfolio exits. Their latest portfolio exit was AEVI on September 13, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/13/2023

Acq - Fin

$XXM

2

8/16/2023

Acquired

$XXM

5

6/10/2023

Acquired

$XXM

6

1/10/2023

Acquired

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$XXM

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10

1/5/2023

Acq - Pending

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$XXM

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10

Date

9/13/2023

8/16/2023

6/10/2023

1/10/2023

1/5/2023

Exit

Acq - Fin

Acquired

Acquired

Acquired

Acq - Pending

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Acquirer

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Sources

2

5

6

10

10

Mastercard Acquisitions

34 Acquisitions

Mastercard acquired 34 companies. Their latest acquisition was Baffin Bay Networks on March 20, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/20/2023

Other

$XXM

$7.2M

Acquired

17

12/21/2021

Series D

$XXM

$83.25M

Acquired - II

12

11/24/2021

Series B

$XXM

$25.53M

Acquired

7

9/9/2021

Series B

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$XXM

$XXM

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10

9/7/2021

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$XXM

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10

Date

3/20/2023

12/21/2021

11/24/2021

9/9/2021

9/7/2021

Investment Stage

Other

Series D

Series B

Series B

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Total Funding

$7.2M

$83.25M

$25.53M

$XXM

Note

Acquired

Acquired - II

Acquired

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Sources

17

12

7

10

10

Mastercard Fund History

1 Fund History

Mastercard has 1 fund, including Master Card Int'l Strategic Investment.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/1/2000

Master Card Int'l Strategic Investment

UNKNOWN

Closed

$50M

1

Closing Date

1/1/2000

Fund

Master Card Int'l Strategic Investment

Fund Type

UNKNOWN

Status

Closed

Amount

$50M

Sources

1

Mastercard Partners & Customers

10 Partners and customers

Mastercard has 10 strategic partners and customers. Mastercard recently partnered with I&M Bank on December 12, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

12/13/2023

Client

Rwanda

I&M Bank Uganda and Mastercard partner to transform banking experience for Ugandan customers

I&M Bank has announced its strategic partnership with Mastercard , a global leader in digital payments and technology .

4

12/13/2023

Partner

United States

Citizens rolls out sustainably manufactured Mastercard debit and ATM cards

`` The full conversion of our new Mastercard debit and ATM cards is another milestone in our expanded , strategic partnership with Mastercard , a collaboration that embodies our shared commitment to innovation , inclusivity and unparalleled customer experience , '' said Brendan Coughlin , vice chair and head of Consumer Banking at Citizens Financial Group , Inc. .

1

12/11/2023

Partner

South Korea

Samsung teams up with Mastercard on Wallet Express

You can find out more details about Samsung 's partnership with Mastercard on Wallet Express in the UK over at Samsung 's website at the link below .

2

12/10/2023

Partner

United Arab Emirates

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10

12/7/2023

Client

United States

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10

Date

12/13/2023

12/13/2023

12/11/2023

12/10/2023

12/7/2023

Type

Client

Partner

Partner

Partner

Client

Business Partner

Country

Rwanda

United States

South Korea

United Arab Emirates

United States

News Snippet

I&M Bank Uganda and Mastercard partner to transform banking experience for Ugandan customers

I&M Bank has announced its strategic partnership with Mastercard , a global leader in digital payments and technology .

Citizens rolls out sustainably manufactured Mastercard debit and ATM cards

`` The full conversion of our new Mastercard debit and ATM cards is another milestone in our expanded , strategic partnership with Mastercard , a collaboration that embodies our shared commitment to innovation , inclusivity and unparalleled customer experience , '' said Brendan Coughlin , vice chair and head of Consumer Banking at Citizens Financial Group , Inc. .

Samsung teams up with Mastercard on Wallet Express

You can find out more details about Samsung 's partnership with Mastercard on Wallet Express in the UK over at Samsung 's website at the link below .

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Sources

4

1

2

10

10

Mastercard Service Providers

3 Service Providers

Mastercard has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Sole Financial Advisor, Financial Advisor

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Service Provider

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Associated Rounds

Acquired

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Provider Type

Investment Bank

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Service Type

Sole Financial Advisor, Financial Advisor

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Partnership data by VentureSource

Mastercard Team

111 Team Members

Mastercard has 111 team members, including current Chief Executive Officer, Michael Miebach.

Name

Work History

Title

Status

Michael Miebach

Chief Executive Officer

Current

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Name

Michael Miebach

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Work History

Title

Chief Executive Officer

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Status

Current

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Compare Mastercard to Competitors

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Ripple

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Citibank

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Zepz

ZEPZ focuses on providing digital payment solutions. The company offers services enabling users to send money securely with options for bank deposit, cash collection, mobile airtime top-up, and mobile money. ZEPZ primarily serves the global payments industry. Zepz was formerly known as WorldRemit. It was founded in 2010 and is based in London, United Kingdom.

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