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Who owns Mastercard?

Mastercard is primarily owned by the Mastercard Foundation, which owns 10.7% of the company’s stocks, followed by The Vanguard Group, 8.2%, and BlackRock, 6.8%. Mastercard generated over $22 billion in Revenue in 2022 and over $9.9 billion in profits (net income).

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How does Mastercard Foundation work?

The Mastercard Foundation was established in 2006 by Mastercard International and has since grown into one of the world’s largest foundations.

With approximately $4.4 billion commitments, the Foundation has partnered with various organizations to increase financial inclusion and access to youth learning in Africa, improving the lives of over 51 million people and their families.

The Foundation has marked several milestones since its inception. In 2011, it established the $500 million Mastercard Foundation Scholars Program to educate the next generation of ethical leaders.

In 2018, it launched the Young Africa Works strategy in Kigali, Rwanda, with the ambitious goal of enabling 30 million young people, particularly young women, to secure dignified and meaningful work.

In response to the COVID-19 pandemic, the Foundation launched the COVID-19 Recovery and Resilience Program in 2020.

This program aims to assist institutions and communities in Africa and within Indigenous communities in Canada to withstand and respond to the short-term impacts of the pandemic, while strengthening their resilience in the long run.

Its leadership team comprises:

  • Reeta Roy: President and CEO
  • Nathalie Gabala: Executive Director, Pan-African Programs
  • Samuel Yalew Adela: Country Head, Ethiopia
  • David Bagenda: Country Head, Kenya Programs
  • Jennifer Brennan: Director, Canada Programs
  • Adrian Bukenya: Country Head, Uganda Programs
  • Rosy Fynn: Country Director, Ghana and Nigeria (acting) Programs
  • Julie Gichuru: Chief Public Affairs and Communications Officer
  • Daniel Hailu: Executive Director, Country Programs
  • Serge-Auguste Kouakou: Country Head, Senegal Programs
  • Peter Materu: Chief Program Officer
  • Tina Muparadzi: Chief People and Culture Officer
  • Wole Onabolu: General Counsel
  • Rica Rwigamba: Country Head, Rwanda Programs

While its board of directors comprises:

  • Zein M. Abdalla: Board Chair
  • Baroness Valerie Amos, CH: Board Chair
  • The Honourable Louise Arbour: Board Member
  • Douglas Baillie: Board Member
  • Craig Calhoun: Board Member
  • Jennifer Fonstad: Board Member
  • Jay Ireland: Board Member
  • President Ellen Johnson Sirleaf: Board Member
  • Michael Sabia: Board Member
  • Robin Washington: Board Member

Its values are:

  • Humility.
  • Listening.
  • Kindness and Respect.
  • Co-Creation.

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Mastercard Revenue

Mastercard’s revenue in 2020 was $15.3 billion. The revenue increased to $18.88 billion in 2021. By 2022, Mastercard’s revenue had grown further to $22.24 billion. The growth in revenue from 2020 to 2021 was approximately 23.4%. The growth in revenue from 2021 to 2022 was approximately 17.8%. Over the three-year period from 2020 to 2022, Mastercard’s revenue increased by approximately 45.3%.

Mastercard Profits

In 2020, Mastercard’s net income was $6.41 billion. The net income increased to $8.68 billion in 2021. By 2022, Mastercard’s net income had grown further to $9.93 billion. The growth in net income from 2020 to 2021 was approximately 35.4%. The growth in net income from 2021 to 2022 was approximately 14.4%. Over the three-year period from 2020 to 2022, Mastercard’s net income increased by approximately 54.9%.

Who Owns Visa

Visa is primarily owned by institutional investors like The Vanguard Group, with an 8.62% ownership stake, and BlackRock, with a 7.75 ownership stake. Some top individual shareholders comprise Chairman of the Board of Directors Alfred Kelly, President of Technology Rajat Taneja, and CEO Ryan Mclnerney.

Visa Revenue

Visa’s revenue in 2020 was $21.84 billion. In 2021, Visa’s revenue increased to $24.1 billion. By 2022, Visa’s revenue had grown further to $29.31 billion. The revenue growth from 2020 to 2021 was approximately 10.4%. The revenue growth from 2021 to 2022 was approximately 21.6%. Over the three-year period from 2020 to 2022, Visa’s revenue increased by approximately 34.2%.

Visa Payments Volume

In 2020, Visa’s payment volume was $8.8 trillion. The payment volume increased to $10.4 trillion in 2021. By 2022, Visa’s payment volume had grown further to $11.6 trillion. The growth in payment volume from 2020 to 2021 was approximately 18.2%. The growth in payment volume from 2021 to 2022 was approximately 11.5%. Over the three-year period from 2020 to 2022, Visa’s payment volume increased by approximately 31.8%.

Visa Transactions Processed

In 2020, Visa processed 140.8 billion transactions. The number of transactions processed increased to 164.7 billion in 2021. By 2022, Visa had processed 192.5 billion transactions. The growth in transactions processed from 2020 to 2021 was approximately 16.9%. The growth in transactions processed from 2021 to 2022 was approximately 16.8%. Over the three-year period from 2020 to 2022, the number of transactions processed by Visa increased by approximately 36.7%.

Visa Profits

In 2020, Visa’s net income was $10.86 billion. The net income increased to $12.31 billion in 2021. By 2022, Visa’s net income had grown further to $14.96 billion. The growth in net income from 2020 to 2021 was approximately 13.3%. The growth in net income from 2021 to 2022 was approximately 21.5%. Over the three-year period from 2020 to 2022, Visa’s net income increased by approximately 37.8%.

The post Who owns Mastercard? appeared first on FourWeekMBA.



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Who owns Mastercard?

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