Beirut, Lebanon – July 14, 2025: Lebanese fintech innovator MyMonty has announced a new partnership with global payments leader Mastercard, aiming to fast-track the country’s transition to a digital-first economy. The collaboration is set to enhance the adoption of secure, efficient, and accessible digital payment solutions across Lebanon.
As the nation pushes toward modernizing its financial infrastructure, MyMonty plans to scale up its suite of digital payment services for both individuals and businesses. Backed by Mastercard’s expansive global network and cutting-edge technology, the partnership is expected to improve transaction speed, reliability, and safety.
“Lebanon is at a pivotal moment in its financial transformation. By joining forces with Mastercard, we are accelerating the adoption of digital payments, providing more secure, more convenient and more accessible financial transactions for everyone. This collaboration brings us one step closer to a truly cashless economy,” said Antoni Lorfing, CEO of Monty Finance.
Thanks to this alliance, MyMonty customers will enjoy the fluid and confident experience of paying for goods and services both locally and internationally, all supported by Mastercard’s ironclad digital infrastructure and security protocols.
“At Mastercard, we are committed to driving payment innovation and leveraging our advanced technology, making digital payments more accessible and convenient. we are thrilled to join forces with MyMonty to unlock new opportunities for consumers to access digital payments solutions and fueling the growth of the country’s digital economy,” said Adam Jones, EVP and Division President, West Arabia, Mastercard.
This partnership arrives during a crucial period, as Lebanon is trying to rebuild and fully digitize its financial systems amid persistent economic challenges. MyMonty and Mastercard aren’t actually focused on addressing current needs, instead, they look forward to an age where digital finance is not an exception.
The collaboration also gives hope to Lebanon’s Fintech sector, which can become a regional financial innovation hub. With safe digital tools now within grasp, financial inclusion will offer new opportunities and avenues to consumers and small enterprises with fewer cash dependencies.
As Lebanon moves toward a digital economy, the partnership between MyMonty and Mastercard serves as a model for how strategic collaboration can revitalize the country’s financial sector and drive the evolution of finance in emerging markets—bringing progress and empowerment within reach for all.
About MyMonty
MyMonty is a fintech initiative by Monty Finance S.A.L, to develop financial services in Lebanon by offering comprehensive financial solutions. By leveraging digital technology, MyMonty strives to promote financial inclusion and streamline transactions, contributing to the country’s economic development and digital transformation. http://www.mymonty.com.lb/
About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. www.mastercard.com
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