Network International Holdings plc
NWITY
Other OTC5.20
USD
+0.05
- -
ISIN
US64132B1026
Return %
Stock
S&P500
1Y
9.94
26.53
3Y
22.07
76.60
5Y
-24.50
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Nandan Mer
- Full Time Employees
- 2,133
- Sector
- Technology
- Industry
- Information Technology Services
- Address
- Network Building Dubai United Arab Emirates
- IPO Date
- Aug 30, 2019
- Website
- network.ae
- Similar Companies
- Business
- Network International Holdings plc operates as a leading digital commerce enabler headquartered in Dubai, United Arab Emirates. Founded in 1994 as a subsidiary of Emirates Bank, it provides comprehensive technology-enabled payment solutions across the Middle East and Africa, targeting merchants, financial institutions, fintech companies, and telcos. Its core products include payment acceptance and processing services; merchant solutions such as the N-gēnius payment device, N-gēnius mobile app, mobility, unattended payment solutions; and online payment platforms including N-Genius Online, PayFast, and DPO Pay. The company also offers card and processing solutions encompassing debit, credit, prepaid, and commercial cards; fraud prevention solutions; loyalty programs; instant issuance and card control services; 3D Secure authentication; SmartView analytics; API integrations; and payment plans alongside issuer services including network advisory and card processing. Recent major changes include Network International's acquisition by a Brookfield Asset Management-led consortium in September 2024 for £2.2 billion, resulting in the company's delisting from the London Stock Exchange and re-registration as a private entity. This acquisition is one of the largest private equity buyouts in the Middle East and signifies a strategic shift towards accelerated growth and innovation. Network International has since merged operations with Magnati, strengthening its market position. It has formed new strategic partnerships such as with Groupe Orabank to support digital transformation across Francophone Africa and KamelPay for exclusive processing services to expand payroll card capabilities in the UAE. Additionally, Network International expanded its digital lending marketplace services through a collaboration with CredibleX and partnered with Money Fellows to power its money circles app in Egypt with its Digital Payments as a Service platform. The company maintains strong alliances with Mastercard to drive acceptance and innovation in digital payments and fraud prevention across its operating regions. Geographically, Network International operates in over 50 countries across the Middle East and Africa, servicing more than 200 financial institutions and numerous merchants and fintechs. It is recognized as a major payments infrastructure provider fueling digital and cashless economies in these regions. The company's comprehensive suite of payment technologies and services supports payment acceptance, transaction processing, risk management, and value-added services tailored to the needs of its diverse customer base throughout the Middle East and African markets. The company’s strategic focus on innovation, partnerships, and expansion continues to strengthen its leading position in the digital commerce sector in the MEA region.
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