- CEO
- Viswanathan Karamadam
- Full Time Employees
- 85
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- 333 Bay Street Toronto ON Canada M5H 2R2
- IPO Date
- Feb 9, 2012
- Business
- The Mint Corporation (MITJF) is a payments technology company that provides prepaid payroll card solutions and related financial services primarily to unbanked salaried workers and their employers in the United Arab Emirates. Founded in 1997 and headquartered in Toronto, Ontario, Canada, the company operates through subsidiaries including Mint Middle East, Mint Gateway, and Mint Electronic Payment Services, which offer vertically integrated services encompassing card issuance, administration, customer support, payment processing, bill payments, merchant acquiring, and proprietary value-added features such as microcredit lending, mobile top-ups, international remittances, SMS transaction alerts, GPS-enabled ATM locators, and exclusive merchant discounts from a network of over 15,000 locations. These services support Wage Protection System (WPS) payroll programs and secured transaction processing for acquiring and issuing in the UAE market, with a state-of-the-art technology platform and data center facilitating seamless enterprise solutions for low-income workers. The company, formerly known as Mint Technology Corp. until its name change in August 2013, maintains major ownership ties including The Mint Corporation as a key shareholder alongside Global Business Services and Multimedia, an Abu Dhabi-based entity established in 2000. No major acquisitions, funding rounds, partnerships, or strategic expansions have been reported in the last one to two years.