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.

We provide a robust suite of payment products and services that are on the cutting edge of technology development. In 2023, we processed $59+ billion in payment volumes for more than 130k merchants and processed over 1.6 billion transactions on 18+ million payment credentials for over 250 financial institutions.

Our management team have on average 20 years of industry experience in the financial services, payments and technology sectors and a proven track record of execution at leading organisations regionally and internationally.

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.

In 2024, we were acquired by a consortium led by Brookfield, that includes FAB, Mubadala, ADQ, Mastercard and Olayan, and subsequently delisted from the LSE. This milestone reflects confidence in our strong position in the payments value chain, our leading capabilities and commitment to continuous innovation, and our robust financial profile.   

With operation centers in the UAE, Egypt, Jordan, KSA, South Africa and Nigeria, and the corporate head office in Dubai, we are positioned to stay abreast of the fast-evolving payments industry and to continue developing solutions for emerging opportunities.

1994

  • Established in UAE as a fully owned subsidiary of Emirates Bank

1999

  • First to provide internet commerce in UAE through

    e-commerce solutions

2003

  • Third party processing for financial institutions launched

2004

  • Operations launched in Lebanon, Egypt, Kuwait, Oman and Africa

2005

  • First to launch an EMV personalization bureau in the region

2006

  • First to offer real-time card acceptance payment capability to UAE merchants through GPRS POS terminals.
    Obtained ISO 27001 certification (data security)

2007

  • Integrated POS solutions launched for the retail and hospitality sectors

2008

  • Acquired NPC Egypt, a specialist in ATM and POS management

    Joint venture with Oberthur launched

2009

  • 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
     

2010

  • Acquired Diners Club franchise for UAE, Egypt, Lebanon and Jordan

    Gained 70% share of acquiring business to become the UAE market leader

2011

  • Established Transguard Cash (TG Cash), a joint venture with Transguard Security, 
    for advanced cash management

    Abraaj Capital acquires 49% stake in Network International

2012

  • Acquired majority stake in global e-payments firm TimesofMoney

2013

  • First to launch a mobile point of sale (mPOS) device in the UAE

2014

  • First acquirer in the region to launch a dedicated e-commerce solution

2015

  • Global investment firms Warburg Pincus and General Atlantic acquire a 49% stake
    from Abraaj Capital and Emirates Investment Authority

2016

  • Acquired Emerging Markets Payments (EMP), making the combined entity
    the market leader across the MEA with presence across 50 countries

2018

  • Launches revolutionary N-GeniusTM payment platform for UAE businesses

2019

  • 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

2021

  • Completion of DPO acquisition

2024

  • Acquired by a consortium led by Brookfield
    Delisted from the London Stock Exchange