MEA – MDP, the leading payments & card issuing platform signed a partnership with SimpliFi to accelerate expansion into the MIDDLE EAST AND AFRICA region.
MDP is the leading card issuing platform, enabling businesses to roll out their financial solutions with end-to-end payment infrastructure offerings – ranging from personalized card production to digital processes transaction
The platform is well-positioned in the market for more than 30+ years’, acknowledged for accelerating payment experiences – through a tech-driven approach.
MDP embraces the global adoption of innovative, scalable & secure emerging fintech solutions; that provide seamless omnichannel customer experiences.
MDP & SimpliFi combine their expertise in innovative payments & Cards as a Service (CaaS) – one-stop solutions to expand their business offerings & establish their position as a partner of choice for the payments ecosystem.
The partnership highlights both entities’ commitment to empowering the fintech ecosystem, backed by payment experts and a powerful processing platform, with end-to-end digital solutions catering to the payment & fintech sector in the Middle East & Africa.
“It’s exciting for MDP to ignite its strategic partnership with SimpliFi – through our collaboration we will work on accelerating the delivery of better financial experiences for all our customers,” said Ahmed Nafie, CEO of MDP.
“The payments industry is evolving at a rapid speed, which has been a crucial catalyst for the growing demand for innovative digital payment solutions in the banking & fintech industry.”
The partnership brings unprecedented innovation & speed to market, by providing comprehensive service offerings catered to the next-generation banking & fintech sector.
The deal is also in line with the MDP’s strategic market and geographical expansion into the Middle East & Africa.
Ali Sattar, Founder & CEO of SimpliFi, commented that the partnership would enable SimpliFi to expand its geographic footprint and capabilities.
“Demand for card issuance is exploding and our partnership with MDP will not only allow us to accelerate our entry into Egypt but also the wider MENA and African markets,” said Ali Sattar, Founder & CEO of SimpliFi.
“This partnership will lay the foundation for our continued rapid expansion to roll out our Cards as a Service capability and realize our mission of democratizing card issuance.”
SimpliFi provides a full-stack solution consisting of APIs, SDKs, a client portal, a white-label app, and end-to-end program management capabilities.
The Company manages all ecosystem partners required to issue cards including banks, card schemes, processors, identity verification, card fulfillment, and customer care to deliver a seamless experience across multiple markets.
Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals, and insights from Africa’s business, economy, and more. SUBSCRIBE HERE
