Network International LLC Launched After Strategic Merger with Magnati
Network International, a leading fintech company across the Middle East and Africa (MEA), and Magnati, the UAE’s leading payment solutions provider, have officially completed their strategic merger under the ownership of a Brookfield-led consortium, forming a new entity under the name Network International LLC.
The newly merged company becomes the largest and one of the fastest-growing payment platforms in MEA, offering a comprehensive suite of services including digital payments, AI-powered analytics, advanced financial security, SME lending, and insurance solutions across more than 56 markets.
As part of its strategy, the company will continue to collaborate with governments to drive digital transformation and expand financial inclusion across the region, reinforcing its role as a catalyst for growth and innovation in the fintech sector.
Hadi Badri, Chairman of the Board at Network International, said: “This merger creates a UAE-born fintech champion for the Middle East and Africa with attractive opportunities for growth and innovation. The combined platform of Network International and Magnati will empower local merchants to thrive in one of the world’s most dynamic fintech regions.”
Murat Cagri Suzer, Group CEO of Network International, added: “By uniting two leaders with deep regional expertise and capabilities, we are creating a fintech platform with the scale, technology, and talent to shape the future of digital commerce across the region. Together, we bring even greater value to our clients and partners through diverse product offerings, faster innovation, enhanced data and insights, and a stronger geographic footprint.”
The integration of both companies will be rolled out in phases, with both the Network International and Magnati brands continuing to co-exist during the transition period until full consolidationis achieved.
