--- title: Wakandi and MDP Join Forces to Drive Financial Inclusion in Africa description: Wakandi partners with Masria Cards to enhance financial inclusion in Africa through innovative digital payment solutions and market expansion strategies. image: https://blog.wakandi.com/hubfs/upload%207.jpg --- # Wakandi and MDP Join Forces to Drive Financial Inclusion in Africa [ Espen Kvelland ](https://blog.wakandi.com/author/espen-kvelland) Feb 19, 2025 11:43:53 AM ![feature-image](https://blog.wakandi.com/hubfs/upload%207.jpg) We’re excited to share a major milestone for Wakandi Group AS! We have signed a Memorandum of Understanding (MoU) with Masria Cards & Digital Payment Solutions (MDP), a leading Egyptian fintech company, to collaborate on advancing financial inclusion across Africa through innovative digital payment solutions. This partnership brings together Wakandi’s cutting-edge financial infrastructure platform, Wakandi CAMS, and MDP’s expertise in card issuance and digital payments to provide seamless financial services to underserved communities in the markets in which Wakandi operates. ### What This Partnership Means 1. Seamless Digital Transactions – We will explore integrating MDP’s card issuance and payment processing solutions into Wakandi’s platform, making financial transactions easier and more accessible for end-users.   2. Market Expansion – We will explore how we jointly can open doors for expansion into new African markets, bringing secure digital payment solutions through Wakandi CAMS to more people.   3. Joint Innovation – Together, we will explore how we can develop **new financial products and services** tailored to the evolving needs of informal financial groups and individuals.   ![upload 7](https://blog.wakandi.com/hs-fs/hubfs/upload%207.jpg?width=2048&height=1536&name=upload%207.jpg) At MDP, the customer and partners remain at the centre of everything they do. Every innovation, decision, and partnership is designed to create real value for the people they serve in Africa, ensuring financial solutions are built with the region’s unique needs in mind.  MDP acknowledges Wakandi as the only company in its field licensed in three countries—Kenya, Uganda, and Tanzania—by their respective Central Banks. This regulatory recognition strengthens Wakandi’s ability to provide trusted financial solutions to communities across these markets. ### A Word from Our Leaders > *“This partnership with Masria Cards represents a significant step toward our mission of driving financial inclusion in Africa. By combining Wakandi’s innovative platform with MDP’s digital payment expertise, we can create solutions that empower individuals and communities to access financial services like never before.”* > > - Espen Kvelland, CEO of Wakandi Group AS > “We are excited to collaborate with Wakandi Group to bring our strengths together for the African market. This partnership aligns with our vision of providing **accessible and secure digital payment solutions** that cater to the unique needs of our region. Together, we can unlock new opportunities for financial growth and inclusion.” > > - Frank Molla, MD Africa -  of Masria Cards & Digital Payment Solutions  ### ![Upload 3](https://blog.wakandi.com/hs-fs/hubfs/Upload%203.jpg?width=2048&height=1536&name=Upload%203.jpg) About Masria Cards & Digital Payment Solutions (MDP) MDP is a leading Egyptian fintech company offering innovative payment solutions, card issuance, and processing services. With a strong focus on digital transformation, MDP is dedicated to delivering secure and efficient payment solutions to customers across the region.   We’re thrilled about this journey and can’t wait to see what the future holds! 🚀   [Banking](https://blog.wakandi.com/tag/banking), [Africa](https://blog.wakandi.com/tag/africa), [CAMS](https://blog.wakandi.com/tag/cams), [Innovation](https://blog.wakandi.com/tag/innovation), [Digital](https://blog.wakandi.com/tag/digital), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion) ## Comments ### Related Posts ###### [4 ways to bring Africa’s informal sector under the formal system](https://blog.wakandi.com/blog/4-ways-to-bring-africas-informal-sector-under-the-formal-system?hsLang=en) It is a general perception that the informal economy mainly relates to poverty, lack of employment and illiteracy, etc. However, it remains an... ###### [COVID-19 fuelling digital transformation in Africa](https://blog.wakandi.com/blog/covid-19-fuelling-digital-transformation-in-africa?hsLang=en) COVID-19 pandemic and the resulting containment measures have undoubtedly slowed down socio-economic growth. 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