VEON (VEON), Mastercard (MA) Partner to Expand Financial Services

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.

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