Magnati has completed its merger with Network International LLC, a move that positions Network International as the largest fintech platform in the Middle East and Africa. The newly combined entity aims to enhance its payment solutions by expanding digital payments, providing AI-driven insights for small and medium-sized enterprise lending, and offering advanced fraud prevention services across 56 markets.
The companies stated that all current contracts, relationships, and services will continue without changes or disruptions to ongoing operations. According to the announcement, “All existing relationships, contract terms, and services remain unchanged, with no disruption to ongoing operations.”
Network International will work with governments and partners in the region to support digital transformation and financial inclusion. The merged organization is set to play a key role in advancing these initiatives.
“Magnati has officially merged with Network International LLC reinforcing Network International’s position as the largest and one of the fastest-growing fintech platforms across the Middle East and Africa,” according to company representatives.
The companies also highlighted their commitment: “The merged entity will continue to support digital transformation and financial inclusion across the region, in collaboration with governments and partners.”
