ADVERTISEMENT
TechEconomy
Friday, June 6, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Mastercard and Boost Collaborate to Power SMBs in Africa

Mastercard and Boost Collaborate to Power SMBs in Africa

Mastercard and Boost collaborate to deliver digital payment wallets and integrated supply chain finance solutions.

Peter Oluka by Peter Oluka
January 31, 2024
in Commerce
0
Mastercard and Boost
(L-R) Vice President, Customer Solutions, East & West Africa, Mastercard, Kari Tukur; Co-Founder and CEO, Boost, Mike Quinn; Country Manager & Area Business Head, West Africa, Mastercard, Folasade Fem-Lawal and Co-Founder and Nigeria CEO, Boost, Koye Oyeyinka during the signing ceremony in Lagos, Nigeria.

(L-R) Vice President, Customer Solutions, East & West Africa, Mastercard, Kari Tukur; Co-Founder and CEO, Boost, Mike Quinn; Country Manager & Area Business Head, West Africa, Mastercard, Folasade Fem-Lawal and Co-Founder and Nigeria CEO, Boost, Koye Oyeyinka during the signing ceremony in Lagos, Nigeria.

RelatedPosts

QNET direct selling model

Understanding QNET Direct Selling Business Model  

June 4, 2025

How You Can Get Up to 50% Discount on Konga

June 3, 2025
  • Collaboration is set to drive growth for small businesses in high-growth markets, including Nigeria, Ghana, South Africa, Kenya, Egypt and Senegal. 

Global payments technology company, Mastercard and B2B commerce platform, Boost, have collaborated to provide digital payment wallets and embedded supply chain finance to empower and expand small businesses in the Fast-Moving Consumer Goods (FMCG) sector in Africa.

This collaboration aims to provide support to distributors, wholesalers, and retailers in the FMCG sector, all of whom will be provided with Boost’s innovative platform as a service to access essential working capital and Mastercard’s acceptance solutions.

Mastercard will enable Boost to offer digital payment and credit solutions to their micro, small and medium enterprise (MSME) customers across their current and future markets, amplifying the company’s impact whilst contributing to Mastercard’s mission of fostering an inclusive digital economy.

This strategic collaboration aims to provide financial institutions with the capability to issue digital payment solutions and expand into the micro-retail space, whilst empowering merchants to digitize payments and access working capital.

Furthermore, it will ensure a broader array of FMCG products for consumers with easier product payments through the availability of digital payment solutions.

“We are thrilled to enter into this scaling partnership with Mastercard in pursuit of Boost’s mission to enable small businesses to thrive in the digital economy, to create sustainable jobs and income,” said Mike Quinn, co-founder and CEO, of Boost. “We have already proven that Boost’s model can scale widely across, and deeply within, emerging markets by building strong partnerships to digitize end-to-end supply chains between manufacturers and point-of-sale retailers. Mastercard will help us take our model to the next level to create transformative value for our customers and partners while fueling our global ambitions.”

This collaboration reiterates Mastercard’s commitment to including MSMEs in the digital ecosystem.

“We are excited to embark on this transformative journey with Boost, as we understand the challenges that small businesses face, By digitizing payments and creating a track record for their transactions, we will enable more MSME’s to access credit facilities and scale their businesses Through the delivery of integrated digital payment solutions and supply chain finance, we believe we are empowering MSMEs with essential tools to not only survive, but thrive.

This collaboration underscores our dedication to advance MSME growth in emerging markets and foster economic growth and financial inclusion through innovative digital solutions,” said Folasade Femi-Lawal, Country Manager and Area Business Head, West Africa, Mastercard.

In cementing this monumental collaboration with Boost, Mastercard moves a step closer to realizing its goal of bringing a total of one billion people and 50 million micro and small businesses into the digital economy by 2025.

Loading

Advertisements
MTN ADS

Author

  • Peter Oluka
    Peter Oluka

    Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

    View all posts
0Shares
Tags: BoostFolasade Femi-LawalMastercard
Previous Post

Innovating Locally, Impacting Globally: Jumia’s Drive for Tech Talent Excellence

Next Post

How Sony Electronics and Nureva Are Simplifying Audio-Based Camera Switching

Peter Oluka

Peter Oluka

Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

Related Posts

QNET direct selling model
Commerce

Understanding QNET Direct Selling Business Model  

by Techeconomy
June 4, 2025
0

As individuals, we can all relate to recommending products we have used, liked and enjoyed to our family, friends and...

Read more
50% Discount on kOnga

How You Can Get Up to 50% Discount on Konga

June 3, 2025
Jumia Transforms Customer Experience with Sprinklr’s AI-Powered Platform | 13 Years

Jumia Marks 13 Years of e-Commerce Innovation in Nigeria

June 3, 2025
Nigeria NATEP

Nigeria Relaunches National Talent Export Programme (NATEP) to Unlock $1 Trillion Global Outsourcing Market

June 2, 2025
U.S., China Slash Tariffs in Surprise 90-Day Truce, Resetting Trade Divide

Why U.S. Tariffs Won’t Derail China’s Global Strategy

June 1, 2025
td africa Black Friday

Every Friday is Black Friday: TD Africa Turns Up the Heat on Tech Accessibility

May 27, 2025
Next Post
Sony Electronics and Nureva Are Simplifying Audio-Based Camera Switching

How Sony Electronics and Nureva Are Simplifying Audio-Based Camera Switching

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.