Mastercard buys BVNK for $1.8B, Canal+ cuts MultiChoice jobs

Mastercard acquires BVNK, a stablecoin neobank, for $1.8B to bridge card networks with on-chain payments. The deal includes $300M in contingent payments, though purpose unclear. Canal+ plans voluntary severance at MultiChoice, Africa's largest pay-TV operator, amid financial struggles despite local content investments. MTN targets 30M African broadband homes via fibre expansion, aiming to increase average data usage from 12GB to 36GB monthly. Kenya proposes criminalising high-risk AI use, affecting credit scoring and health diagnostics. TechCabal's tenth episode milestone nears.

SOURCE: https://techcabal.com/2026/03/18/techcabal-daily-canal-minus/