Senegal-based fintech startup New Africa Technology (NAT) has joined forces with MasterCard to launch innovative virtual and physical prepaid cards through its digital wallet service, Flash.
This strategic partnership is set to redefine payment solutions in Senegal, Côte d’Ivoire, and Benin, making financial services more accessible to individuals and businesses.
Flash, NAT’s flagship digital wallet, offers seamless transaction capabilities alongside prepaid card options. Its user-friendly features include invoice splitting, spending management, and budgeting tools. The app is also interoperable with other regional wallets, enhancing convenience for users.
“This collaboration represents a major step forward in making financial services more accessible across the region,” said Birane N’dour, CEO of NAT.
For merchants, the partnership promises increased payment acceptance via advanced technologies such as QR Pay, Pay by Link, and contactless payments. Businesses can also benefit from a dedicated platform, Flash in Business, which provides a comprehensive solution for managing corporate financial needs.
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Mark Elliott, MasterCard’s Division President for Africa, highlighted the initiative’s broader impact. “This collaboration with New Africa Technology leverages our global network and their local expertise to expand the financial well-being of individuals and drive growth for local businesses and the broader economy,” he said.
MasterCard noted that the partnership aligns with its commitment to advancing digital payment adoption across Africa. By combining NAT’s localized solutions with MasterCard’s global reach, the initiative aims to foster financial inclusion and economic growth in the region.
With features designed for individuals and businesses alike, the collaboration underscores the growing role of fintech in transforming Africa’s digital economy.
