Established in 1994, Network International Holdings PLC, a constituent of the FTSE 250 Index, is the largest payments group in the Middle East. The company’s main objective is to become the largest provider in the UAE by changing the transition from cash to digital payments and the leading provider of digital commerce in the Middle East and Africa (MEA) region. Its focus is to provide reliable and secure payment products and services via its two business lines with 80,000+ merchant partners, 200 financial institutions in more than 50 countries. The company’s head office is in Dubai and and has operation centers in South Africa, Egypt, Jordan, UAE, and Nigeria.
The company offers different payment services to its client, such as payment devices, online payment services, dynamic currency conversion, online reward & cashback, e-commerce services, prepaid card solutions, consumer finance services, point-of-sale (POS) in the Middle East and Africa, and others.
The company is the first independent vendor in the Middle East after being certified by both Visa and Mastercard for payments. They also have the Diners Club International franchise in Jordan, UAE, Lebanon, and Egypt.
The company was listed on the London Stock Exchange (LSE) main market in 2019 with a valuation of £2.2 billion and was termed as the largest-ever technology IPO from Middle East and Africa. The company is managed by its stakeholders, including Emirates NBD, General Atlantic, Warburg Pincus, and Mastercard, which is now its fourth largest shareholder.
Network International Holdings PLC (LSE: NETW) Network Building, Al Barsha 2, Dubai, 121208, United Arab Emirates
+971 4 3032431