The news: Mastercard will acquire Minna Technologies, a subscription management software company, per a press release.
- The Sweden-based fintech is payments-scheme agnostic and lets customers manage their subscription payments within their banking apps.
- It also notifies consumers when free trials are about to end and helps customers find better deals on utilities.
European banks like Danske Bank, Lloyds, Swedbank, and ING already work with Minna. Mastercard’s rival Visa invested in Minna back in 2019.