For over 20 years, Network International has delivered innovative solutions that drive revenue and profitability for our customers. This philosophy has seen us grow to be the largest acquirer in the UAE and a leading payment solutions provider in the Middle East and Africa (MEA) region.
We provide a robust suite of payment products and services - that are on the cutting edge of technology development - to more than 65,000 merchant partners and 220 financial institutions across 50+ countries.
Network is also the first independent vendor certified by both Visa and Mastercard for payments in the Middle East and a member of the JCB and UnionPay card schemes. Network owns and manages the Diners Club International franchise in the UAE, Egypt, Lebanon and Jordan and is a Payment Card Industry Data Security Standard (PCI DSS) certified company.
We continue to invest in strategic partnerships designed to increase our geographic footprint, while also devoting resources to support and enrich an eco-system of innovation among our stakeholders. This has allowed us to generate strong revenue growth of 13% annually over the past three years, with double-digit growth in both our two main business lines – Merchant and Issuer Solutions. It also underpins underlying EBITDA growth of 11% annually over the same period, with a 49% underlying EBITDA margin achieved in 2018
In 2019, joined London Stock Exchange (LSE) through a Premium Listing on the Main Market, becoming the largest ever technology IPO from a MEA-based firm globally and the largest technology company to list on LSE since 2015.
With operation centers in the UAE, Egypt, Jordan, South Africa and Nigeria, and the corporate head office in Dubai, Network is positioned to stay abreast of the fast-evolving payments industry and to continue developing solutions for emerging opportunities.