Network International and Magnati Finalize Strategic Merger
Network International, a leading fintech provider across the Middle East and Africa (MEA), and Magnati, a prominent UAE-based payment solutions company, have officially completed their strategic merger under the ownership of a Brookfield-led consortium.
The newly formed entity will operate as Network International LLC, strengthening its role as a fintech champion in the UAE and across the wider MEA region.
Driving Innovation and Financial Inclusion in MEA
The merger creates a powerhouse with an expanded suite of financial and digital payment solutions, including:
- Advanced digital payments infrastructure
- Data-driven insights for businesses and governments
- SME lending to boost entrepreneurship
- Fraud prevention solutions powered by cutting-edge technology
This move positions the company to play a critical role in accelerating financial inclusion and supporting digital transformation initiatives across MEA.
Collaboration with Governments and Phased Integration
Network International LLC plans to work closely with governments to:
- Enhance financial inclusion
- Expand access to secure financial services
- Build resilience in the region’s digital economy
The integration process of both businesses will be carried out in phases, ensuring a smooth transition for customers. In the meantime, both Network International and Magnati brands will continue to co-exist.
A Stronger Fintech Leader for the Region
By combining strengths, Network International LLC is now better equipped to:
- Scale operations across MEA
- Offer comprehensive, innovative payment solutions
- Support businesses of all sizes with secure financial services
- Drive growth in the fintech sector across the UAE and beyond
Key Takeaway
The Network International–Magnati merger marks a milestone in the UAE’s fintech landscape. As Network International LLC, the combined entity is set to become a driving force in digital payments innovation, financial inclusion, and economic growth across the Middle East and Africa.
