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MDP and Simplifi to expand payment solutions into the MEA region

Monday 30 May 2022 12:05 CET | News

Egypt-based payments and card issuing platform MDP has partnered with SimpliFi to accelerate the expansion into the Middle East and Africa region.

MDP and SimpliFi combine their expertise in payments and Cards-as-a-Service (CaaS) one-stop solutions to expand their business offerings and establish their position as a partner of choice for the payments ecosystem.

The partnership highlights both entities’ commitment to equipping the fintech ecosystem, backed by payment experts and a processing platform, with end-to-end digital solutions catering for the payment and fintech sector in the Middle East and Africa.

SimpliFi’s company officials said that the collaboration would enable SimpliFi to expand its geographic footprint and capabilities. Demand for card issuance is increasing and together with MDP they will accelerate the entry into Egypt, but also the wider MENA and African markets. This partnership will lay the foundation for their continued expansion to roll out their Cards-as-a-Service capabilities and realise their mission of democratising card issuance.


Source: Link


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Keywords: Issuer, expansion, partnership, fintech, digitalisation
Categories: Payments & Commerce
Companies: Masria Digital Payments, SimpliFi
Countries: Africa, Middle East
This article is part of category

Payments & Commerce

Masria Digital Payments

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SimpliFi

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