MASTERPAYMENT part of NET1 Group (NASDAQ: UEPS)

Masterpayment, part of the Net1 Group, is a leading force in driving innovation within the realms of crypto exchanges, ICOs, and wallets. The company's comprehensive range of offerings includes Creditcard Acquiring, APMs, Corporate Accounts/Custody, Treasury FX, and Issuing. As a listed market participant (NASDAQ: UEPS), Masterpayment adheres to high regulatory standards as set forth by financial supervisory authorities.

Operating in Munich, Liechtenstein, London, Malta, Mauritius, and Hong Kong, the company holds full banking licenses (UK eMoney license & EU eMoney license) enabling a diverse range of financial activities.

Founded in 2010, Masterpayment caters to a traditional customer base encompassing merchants, digital content and gaming/gambling entities, and remittance/financial services. The company's operations involve highly critical business processes, necessitating stringent risk and fraud management, as well as high availability and conversion management.

As of now, there is no public information regarding the company's last investment or the investors involved. Masterpayment's presence in the fintech sector reflects its strong foothold in the Financial Services and Fintech industries.