KEO Capital Announces Strategic Partnership with Mastercard to Expand Cross-Border Card Program
KEO Capital (KEOC) has entered a 5-year strategic partnership with Mastercard (MA), enabling KEO Capital to issue Mastercard-branded cards for its cross-border program.
Rhea-AI Summary
KEO Capital (KEOC) has entered a 5-year strategic partnership with Mastercard (MA), enabling KEO Capital to issue Mastercard-branded cards for its cross-border program.
The company will use Mastercard's global payment network, which spans more than 200 countries and territories and processed over USD 10 trillion in gross dollar volume in 2025, to extend international market access for its clients and program participants. U.S. Dollar will be the authorized currency for all Corporate Purchasing Cards and Travel and Expenses Cards issued under the program, supporting cross-border transactions and international commerce. KEO Capital describes the agreement as complementary to its existing collaborations and as validation of the market fit of its cross-border offering.
Positive
- 5-year agreement term provides longer-term stability and planning horizon for the cross-border card program
- Right to issue Mastercard-branded cards expands KEO Capital's product capabilities within its cross-border program
- Access to Mastercard's global network in 200+ countries supports broader international reach for clients
- USD as authorized currency for Corporate Purchasing and T&E cards facilitates cross-border commerce
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STOCKHOLM, SE / ACCESS Newswire / September 14, 2026 / KEO Capital (STO:KEOC) - KEO Capital AB (publ) ("KEO Capital" or the "Company") (Nasdaq Stockholm:KEOC) is pleased to announce a strategic partnership with Mastercard (NYSE:MA), under which Keo Capital will be granted the ability to issue Mastercard-branded cards as part of its cross-border program.
The partnership marks a significant milestone for Keo Capital, aligning the company with a Global payment leader whose network spans more than 200 countries and territories and processed over USD 10 trillion in gross dollar volume in 2025. Through this collaboration, KEO Capital will leverage Mastercard's global infrastructure and acceptance network to substantially broaden the geographic reach of international markets for its clients and program participants.
Under the terms of the agreement, the partnership has an initial term of 5 years, providing long-term stability and a clear framework for continued growth. The agreement includes U.S. Dollar as authorized currency for all Corporate Purchasing Cards & Travel and Expenses Cards issued under the program, enabling greater flexibility for cross-border transactions and international commerce.
The partnership complements Keo Capital's existing collaborations and further validates the strength and market fit of the Company's cross-border offering. Partnering with a payment provider of Mastercard's scale to expand the program demonstrates broader interest in the product among global partners and supports KEO Capital's expansion in international markets.
"This partnership complements our existing collaborations and gives the program significantly greater reach, including into new markets. Partnering with a company of Mastercard's global scale is a strong validation of what we've built, and we are excited to bring even greater value and flexibility to our cross-border program participants over the course of this five-year agreement," commented Roberto Marchiori, COO of KEO Capital.
Contacts
Pablo Ribas, CEO | Miles Molyneaux, CFO | Roberto Marchiori, COO | Jakob Sintring, Head of IR
Phone: +46 8 611 05 11, E-mail: IR@keocapital.com
About KEO Capital
KEO Capital AB (publ) is a listed technology-driven financial solutions provider focused on improving liquidity, security, transparency, and efficiency in B2B supply chain financing and corporate travel and expense management. KEO Capital operates a unified digital ecosystem that enables buyers and suppliers to interact through complementary solutions designed to address the full spectrum of corporate payables. KEO Capital's energy activities, including its indirect equity interest in PetroUrdaneta (24 percent, to be increased to 40 percent under a binding agreement), are held through KEO Energy and are intended to be separated from the Company, following which KEO Capital will focus exclusively on its fintech business. The shares are listed on Nasdaq Stockholm (KEOC). For more information, please visit the Company's website https://keocapital.com/.
This information is information that KEO Capital is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-09-14 18:46 CEST.
Attachments
KEO Capital Announces Strategic Partnership with Mastercard to Expand Cross-Border Card Program
SOURCE: KEO Capital
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the partnership allow KEO Capital to do with Mastercard-branded cards?
The agreement grants KEO Capital the ability to issue Mastercard-branded cards as part of its cross-border program. These include Corporate Purchasing Cards and Travel and Expenses (T&E) Cards, which will use U.S. Dollar as the authorized currency under the program.
How long is the initial term of the KEO Capital and Mastercard partnership?
The partnership has an initial term of 5 years, establishing a defined timeframe for collaboration and a framework that the company describes as supporting continued growth of its cross-border card program.
Which currency will be used for cards issued under KEO Capital’s cross-border program with Mastercard?
The agreement specifies U.S. Dollar as the authorized currency for all Corporate Purchasing Cards and Travel and Expenses Cards issued under the program.
How does KEO Capital describe the strategic impact of partnering with Mastercard?
KEO Capital states that the partnership complements its existing collaborations, gives the cross-border program greater geographic reach, including into new markets, and is seen as a validation of the program’s market fit and of what the company has built in its cross-border offering.
What is KEO Capital’s core business focus mentioned alongside this partnership?
KEO Capital is described as a technology-driven financial solutions provider focused on B2B supply chain financing and corporate travel and expense management, operating a unified digital ecosystem for corporate payables. The company indicates that its energy activities held through KEO Energy are intended to be separated so that KEO Capital will focus exclusively on its fintech business.