Wednesday, June 3, 2026
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Tag: Mastercard

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Mastercard FoF backs new GP

Mastercard Foundation has signed up a new fund manager, backing the GP through its fund-of-funds vehicle. The LP has committed capital to Sabou Capital’s maiden...

US LP brings in senior exec for Africa FoF build out

A US-based limited partner (LP) has bolstered its fund investment team with the hire of a senior capital allocator from a development financier –...

VC portco in bankruptcy with c13 investors

A company backed by a consortium of venture capital players has proceeded with bankruptcy following various rounds of raisings. At least 13 investors have...

 US player invests at $5.2bn valuation

Mastercard has backed MTN Group’s financial technology arm, MTN Group Fintech, valuing the unit at $5.2 billion. Mastercard is buying a minority stake in MTN...

Ex-Black Rhino MD joins Twitter board

Ex-Black Rhino managing director, Mimi Alemayehou, has been appointed to the board of a US-based technology company Twitter. She is currently senior vice president for...

Ex-Black Rhino MD joins MasterCard

Black Rhino’s ex-managing director Mimi Alemayehou has joined US-based financial services technology company Mastercard as senior vice president, public private partnerships - a newly...