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The collaboration provides a clear pathway to new revenue streams (wallets, credit scoring, remittances) and expands VEON’s digital-finance strategy with a leading payments network; near-term pilots add visibility, though ultimate value depends on regulatory clearance and successful scale.
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VEON and Mastercard will jointly develop AI-enabled, inclusive financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan, starting with pilots in Ukraine and Kazakhstan. The collaboration combines VEON’s local platforms with Mastercard’s payments network to offer wallets, credit scoring, and embedded finance, potentially expanding across VEON’s markets and beyond. This could unlock new revenue streams as pilots scale, subject to regulatory approvals.
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