Mastercard - BVNK
Mastercard Incorporated International (**Mastercard**) through its subsidiary Ares UK Holdco 2 Limited proposes to acquire BVNK Holdings Limited and B Corporation S.A.M (together, **BVNK**) from its current shareholders (the **Acquisition**). Mastercard is a technology company in the global payments industry. Mastercard’s main activities include ownership and operation of payment card schemes and provision of switching services for card transactions. Mastercard provides a payments network to facilitate the switching of payment transactions in fiat, and offers payment capabilities that include automated clearing house transactions as well as other payment-related services. BVNK supplies stablecoin infrastructure services, by building and supplying infrastructure to enable customers to send, receive, convert, spend and earn stablecoins and 'fiat' currency across a variety of payment 'rails' and blockchains. Stablecoin is a type of cryptocurrency designed to keep a stable value, usually by being pegged to a traditional 'fiat' currency.
- Status
- Assessment completed
- ACCC determination
- Approved
- Stage
- Phase 1 - initial assessment
- Notified
- 15 May 2026
- Determination published
- 10 June 2026
Acquirers
- Mastercard Incorporated
- Ares UK Holdco 2 Limited
- Mastercard International Incorporated
Targets
- B Corporation S.A.M
- BVNK Holdings Limited