new-recommended-broker-banner new-recommended-broker-banner

Mastercard (MA) acquires Vyze, now offers POS financing

Start trading
Updated: 27 October 2020
  • Mastercard has acquired a technology platform and firm Vyze;
  • This deal will allow Mastercard to provide POS financing;
  • The MA stock has gained 34% in a year’s time, therefor outperforming the industry’s 23%.

Mastercard (MA) has acquired a tech platform and a POS financing providerVyze. The deal let Mastercard to provide a wide array of POS options. The Mastercard POS financing “solution” is the so-called buy-now-pay-later. The company claims that this solution represents a $1.8 trillion opportunity.

The MA stock increased its price by 34% in a year’s time. The increase was also bigger than the industry’s gain of 23%.