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  "markdown": "Corporate investor.\n\nWebsite: https://www.mastercard.com\n\n## Companies on Anchor Terminal\n\n- **Airwallex**, Series A, 2017\n  - [Airwallex Spend and Issuing](https://www.anchorterminal.com/tools/airwallex.md), graded B, 68.3/100\n  - Source: https://www.airwallex.com/global/newsroom/airwallex-square-peg-capital-series-a-funding\n- **Argyle Systems Inc.**, Strategic round, September 2025\n  - [Argyle](https://www.anchorterminal.com/tools/argyle.md), graded B, 63.7/100\n  - Source: https://www.argyle.com/resources/press/argyle-secures-funding-accelerate-open-finance-2025\n\n## Where they invest\n\n- Spend management \u0026 procurement, 1\n- Payroll infrastructure, 1\n\n## Founders they backed\n\n- [Jack Zhang](https://www.anchorterminal.com/people/jack-zhang/), Airwallex\n- [Lucy Yueting Liu](https://www.anchorterminal.com/people/lucy-yueting-liu/), Airwallex\n- [Jacob Dai](https://www.anchorterminal.com/people/jacob-dai/), Airwallex\n- [Max L.](https://www.anchorterminal.com/people/max-l/), Airwallex\n- [Ki Lok Wong](https://www.anchorterminal.com/people/ki-lok-wong/), Airwallex\n- [Shmulik Fishman](https://www.anchorterminal.com/people/shmulik-fishman/), Argyle Systems Inc.\n\n## Questions\n\n### Which AI tools has Mastercard invested in?\n\nAnchor Terminal lists Airwallex and Argyle Systems Inc. backed by Mastercard.\n\n### How are Mastercard's companies graded?\n\nOn Anchor Terminal's benchmark, Airwallex Spend and Issuing (B, 68.3) and Argyle (B, 63.7).\n\nInvestors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.\n",
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