Who
we are
HELPING BUSINESSES AND ECONOMIES PROSPER
For over 30 years, Network International has delivered innovative solutions that drive revenue and profitability for our customers and help businesses and economies prosper by simplifying commerce and payments. We have grown from strength to strength to become the largest acquirer in the UAE and the leading enabler of digital commerce in the Middle East and Africa (MEA) region.
In 2023, we processed $59+ billion in total processed volumes (TPV) for more than 130k merchants and processed over 979 million user transactions on 16+ million cards for over 250 financial institutions
Our two business segments are the Middle East and Africa:
- Our largest segment by revenue is the Middle East, which includes the key markets of the United Arab Emirates and Jordan. We have recently entered Saudi Arabia, a market that offers significant opportunities for growth.
- We provide services in more than 40 countries in Africa, including the major markets of Egypt, Nigeria, and South Africa.
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. In 2019, we joined the 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.
- Established in UAE as a fully owned subsidiary of Emirates Bank
- First to provide internet commerce in UAE through
e-commerce solutions
- Third party processing for financial institutions launched
- Operations launched in Lebanon, Egypt, Kuwait, Oman and Africa
- First to launch an EMV personalization bureau in the region
- First to offer real-time card acceptance payment capability to UAE merchants through GPRS POS terminals
- Obtained ISO 27001 certification (data security)
- Integrated POS solutions launched for the retail and hospitality sectors
- Acquired NPC Egypt, a specialist in ATM and POS management
- Joint venture with Oberthur launched
- Partnered with Bahrain-based BENEFIT to launch joint venture SINNAD to provide end-to-end card hosting and payment solutions to Bahrain and Saudi Arabia
- Acquired Diners Club franchise for UAE, Egypt, Lebanon and Jordan
- Gained 70% share of acquiring business to become the UAE market leader
- Established Transguard Cash (TG Cash), a joint venture with Transguard Security, for advanced cash management
- Abraaj Capital acquires 49% stake in Network International
- Acquired majority stake in global e-payments firm TimesofMoney
- First to launch a mobile point of sale (mPOS) device in the UAE
- First acquirer in the region to launch a dedicated
e-commerce solution
- Global investment firms Warburg Pincus and General Atlantic acquire a 49% stake from Abraaj Capital and Emirates Investment Authority
- Acquired Emerging Markets Payments (EMP), making the combined entity the market leader across the MEA with presence across 50 countries
- Launches revolutionary
N-GeniusTM payment platform for UAE businesses
- Becomes one of the largest tech companies to list on the London Stock Exchange since 2015 and largest ever tech IPO from a MEA-based firm globally
- Signed strategic partnership with Mastercard
- Completion of migration to Network One and Network Lite platforms
- Completion of DPO acquisition
