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    Inclusion for 400 million and counting.

    Mastercard is spreading the wealth. With revenue up 20% to $15 billion in 2018, the payments company has put more resources behind its efforts to reach consumers who lack access to the digital economy. Through a subsidiary, the Center for Inclusive Growth, Mastercard established the first chamber of commerce in India devoted to rural women entrepreneurs in the cities of Pune, Satara, and Chiplun. Six months in, the initiative has reached 5,660 women at 3,275 businesses in agriculture, food production, and artisan manufacturing, providing them with access to credit, training in financial literacy and marketing, and more. The work is part of Mastercard’s goal to reach 500 million people previously excluded from financial services by 2020—it has only 100 million more to go.

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    Company Information

    Country
    U.S.
    Headquarters
    Purchase, N.Y.
    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Business Services
    Industry
    Financial Data Services
    CEO
    Ajay Banga
    Websitehttp://www.mastercard.com
    Company Type
    Public
    Ticker
    MA
    Prior Year Rank-
    Revenues ($M) (Last Fiscal Year)$14,950
    Profits ($M) (Last Fiscal Year)$5,859
    Market Value ($M) as of 8/12/19$274,144
    Employees14,800

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