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MN-50015

Mastercard / BVNK

View on ACCC

Processing timeline

15

days

Filed

15 May 2026

Decision Due

30 June 2026

Est decision date: 10 June 2026. Based on 7 decided Financial Services & Insurance notifications.

Type
Notification
Outcome
Pending
Stage
Phase 1 - initial assessment
Status
Under assessment

Parties

Acquirer

Mastercard

Target

BVNK

Other parties

None listed

Notes

Mastercard, via Ares UK Holdco 2 Limited, proposes to acquire BVNK Holdings Limited and B Corporation S.A.M. This share acquisition sees global payments technology company Mastercard expand into stablecoin infrastructure services, provided by BVNK, which enables management of stablecoins and 'fiat' currency across payment 'rails' and blockchains.

Documents

Mastercard - BVNK - Questionnaire - May 202618 May 2026DOCX61.4 KB

Industry

Broad:Financial Services & InsuranceANZSIC 6419:Other Auxiliary Finance and Investment Services