By Ayomide Otitoju
Network International, a leading fintech company in the Middle East and Africa (MEA), and UAE-based payment solutions provider Magnati have completed a strategic merger under the ownership of a Brookfield-led consortium. The merged entity will operate as Network International LLC.
The combined company will offer an expanded suite of solutions, including digital payments, data-driven insights, SME lending, and advanced fraud prevention, positioning it to drive innovation, scale, and financial inclusion across the region. It will continue collaborating with governments to accelerate digital transformation and expand access to financial services throughout MEA.
Hadi Badri, Chairman of Network International, described the merger as a step toward creating a “UAE homegrown fintech champion” for the MEA region. “The combined platform of Network International and Magnati will empower local merchants to thrive in one of the world’s most dynamic fintech regions,” he said.
Murat Cagri Suzer, Group CEO of Network International, added: “By uniting two leaders with deep regional expertise, we are creating a fintech platform with the scale, technology, and talent to shape the future of digital commerce. Together, we bring greater value to clients and partners through diverse product offerings, faster innovation, enhanced data and insights, and a stronger geographic footprint.”
The integration of both businesses will occur in phases, with their brands continuing to co-exist in the interim.
