Mastercard (MA), MFC Tie up to Help Microfinance Companies

Source: Yahoo Finance

Mastercard Inc.'s MA Mastercard Center for Inclusive Growth will ink a deal with The Microfinance Centre (MFC) to enable micro-finance organizations and small business houses to embrace digitization through a new international support program. This program is dedicated to microfinance institutions in Europe and Central Asia.

Mastercard has over and again proved its market-leading capabilities by lending a hand during these challenging times. This latest move will help 90 plus microfinance institutions (MFIs) and 300,000 small businesses across Europe and Central Asia sail through the COVID-led financial turmoil.