Mastercard, a global leader in payments technology and financial services, has announced its latest solution suite, designed to help financial providers better meet the unique needs of middle-market businesses.
This new offering, known as the Mastercard Mid-Market Accelerator, has initially been launched in the U.S., with plans for global expansion, according to FF News.
The suite combines Mastercard’s digital payments technology and value-added services with enhanced features from leading partners, providing transparency, automation, and security.
Mastercard’s research revealed that fewer than 10% of financial providers currently offer services that support holistic financial visibility for lower-middle market companies — those with annual revenues between $10m and $100m or roughly 50-250 employees.
At the same time, middle market businesses are demanding tailored solutions, with four out of 10 companies saying they would switch providers if offered products better suited to their needs.
The Accelerator offers financial providers a flexible, robust blend of solutions tailored to support middle market companies at every stage of their growth journey.
Providers can customise the suite to meet their clients’ specific needs, helping them achieve greater financial visibility and operational efficiency.
A key component of the suite is a new Mastercard business card designed specifically for the middle market.
Offering both physical and virtual card options, the card combines select benefits from existing small business and commercial card programmes with new rewards, offering spending control and flexibility with every transaction.
It also integrates leading FinTech solutions to address critical financial management challenges. Cash flow management, powered by Trovata, securely automates data aggregation and categorisation across multiple banks, allowing finance and treasury teams to forecast liquidity and make smarter decisions in near real-time.
In addition, Trovata will integrate with Mastercard’s virtual card platform to enhance the efficiency and security of supplier payments.
Expense management, via Navan, brings robust spend controls with embedded virtual cards, helping companies enforce policy compliance, automate reconciliation, and gain real-time visibility into their expenditures. Enhanced security is another key benefit, including ID Theft Protection™, HealthLock, Zero Liability Protection, and the added control and security that virtual cards provide.
Mastercard is collaborating with top partners in the ecosystem to support U.S. middle market businesses, including Citizens, which will bring the new business card to its middle market customers. This collaborative approach ensures the suite delivers precisely what this important sector requires to grow and scale.
“Mastercard Mid-Market Accelerator reinforces our commitment to powering commerce for businesses of all sizes and supporting companies along every stage of their growth journey,” said Jane Prokop, executive vice president and global head of small and medium enterprises at Mastercard. “With the launch of these dedicated solutions, Mastercard aims to address the longstanding barriers that have blocked midsize companies from accessing bespoke tools fit for their sophisticated needs.”
Rodrigo Sanchez, head of commercial card solutions at Citizens, said, “As trusted advisers to our clients, we know firsthand that the middle market has a set of unique characteristics and pain points that require tailor-made solutions to fit their needs. This presents a major opportunity for collaboration to meet them where they are and help advance the growth of this important sector.”
Michael Sindicich, CEO of Navan Expense, commented, “Historically, processes like expense management can be manual and time-consuming, which is especially draining for middle market companies with leaner teams and resources. Adding Navan’s expense management capabilities into Mastercard’s new solution suite can be a game-changer, enabling businesses to focus on what matters — growing and scaling.”
Brett Turner, Founder and CEO of Trovata, added, “We’re modernising finance and treasury by democratising bank data and automating cash workflows. As a tech platform for business’ ‘trove of financial data,’ Trovata does the heavy lifting so that organisations, including those that sit within the middle market, can focus on the strategic aspects of their business. We aggregate, transform, and store their bank data as a managed service to power next-level business intelligence, payments, and working capital optimisation in near real-time.”
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
