Mastercard Expands Platform to Accelerate Fintech Card Programs

Mastercard is extending its Product Express platform to new global markets after a successful launch in Latin America earlier this year, according to Finextra. This expansion aims to empower fintechs by significantly reducing the time required to roll out card programs—potentially launching them within just 15 days.

Product Express offers fintechs a streamlined approach by enabling them to select the most suitable products, collaborate with pre-approved partners, and monitor the progress of each step in the process.

In the first year, Mastercard onboarded several key partners onto the platform, including BIN Sponsors, processors, and program managers such as Blusalt, Episode Six, FOO, Giftstarr, i2c, Nymcard, Optimus, Paymentology, and Wema Bank.

The platform, initially introduced in Latin America, is now expanding to Africa, the Middle East, Europe, North America, and additional Latin American regions.

Jennifer Premisler, SVP of fintech solutions at Mastercard, highlighted the value of the platform’s expansion:

“We are thrilled to be expanding the reach of the Product Express to more partners, more regions and more solutions. By creating a better experience for all parties, we foster innovation and reduce time to market.”