Mastercard (MA) Partner to Expand Financial Services
Maham Fatima
Fri, July 10, 2026 at 12:03 AM GMT+5:30
2 min read
- VEON
+0.09% - MA
+0.29%
VEON Ltd. (NASDAQ:VEON) is one of the undervalued stocks to buy according to the Wall Street. On July 2, VEON and Mastercard (NYSE:MA) announced a collaboration to accelerate the development of inclusive and accessible financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. By combining VEON’s local digital platforms and customer reach with Mastercard’s global payment network and expertise, the organizations aim to address financial service gaps in underserved markets
The initiative will explore the development of AI-powered financial solutions, including embedded finance, digital wallets, and credit scoring systems, alongside merchant and remittance services. These tools are designed to overcome barriers such as limited credit history and fragmented payment infrastructure, making financial products more affordable and accessible for consumers and small businesses
The collaboration is set to begin with pilot programs in Ukraine and Kazakhstan, with potential for further expansion into VEON Ltd.’s (NASDAQ:VEON) other markets and beyond. Both companies intend to leverage mobile connectivity to foster greater economic opportunity and financial inclusion, viewing these services as a foundation for empowering communities in the digital economy
VEON Ltd. (NASDAQ:VEON) is a global telecommunications company providing mobile, data and digital services across emerging markets in Asia, Africa and Europe, focusing on connectivity, digital solutions and customer‑centric offerings to drive growth and engagement
While we acknowledge the potential of VEON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock
READ NEXT:33 Stocks That Should Double in 3 YearsandCathie Wood 2026 Portfolio: 10 Best Stocks to Buy
Disclosure: None. Follow Insider Monkey on Google News
