Dubai, UAE – July 15, 2024 – Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, has announced a strategic partnership with Reem Finance, a premier financial services provider in the UAE. This alliance aims to leverage Network’s expertise to provide a comprehensive payments processing solution, supporting Reem Finance’s digital transition.
The partnership is set to complement Reem Finance’s focus on offering customers a unique banking experience that aligns with the digital age. The scope of services includes transaction processing, card hosting and management, as well as value-added services. As the region’s largest payment solutions company, Network is committed to enhancing the UAE financial services sector by delivering innovative solutions and improving consumer experiences.
Navneet Dave, Managing Director & Co-Head of Processing – Middle East at Network International, expressed enthusiasm about the collaboration, stating, “We are thrilled to partner with Reem Finance as we jointly deliver innovative digital payment solutions that offer an effortless and secure experience for customers. Our collaboration builds on Network’s three decades of experience and expertise in creating world-class digital payments infrastructure and services for clients. It underscores Network’s commitment to empowering our partners with cutting-edge processing services and value-added solutions and driving growth in the UAE financial services industry.”
Mr. Seraj Faidi, CEO of Reem Finance, highlighted the importance of the partnership, saying, “As part of our ongoing commitment to enhancing the quality of our products and services for our esteemed clients, and in light of our recent collaborations with prominent service providers and partners, we are delighted to partner with Network International to explore innovative paths to accelerate digitizing our services to better serve our customers. This engagement is an important step for Reem Finance in expanding our capabilities to provide top tier, friendly, and easy-to-use services to our customers. We are confident that with Network International, the processing of card transactions related to both consumer and commercial sectors will be state-of-the-art and seamless. We are committed to playing a vital role in elevating the financial system in the UAE, delivering value to our shareholders, and prioritizing the needs of our clients.”
About Reem Finance PJSC
Reem Finance PJSC stands as a preeminent financial services provider within the United Arab Emirates. Founded with the primary objective of delivering cutting-edge and comprehensive financial solutions to cater to the diverse needs of both individual and corporate clients, the company is dedicated to offering top-tier financial services encompassing personal and business finance, asset management, and financial advisory services. Leveraging state-of-the-art digital technologies and pioneering solutions to streamline financial operations and enhance ease of use, Reem Finance endeavors to elevate the customer experience. Additionally, the company aims to fortify its bond with clients by delivering tailored services that precisely and effectively address their financial requirements.
About Network International
Network International is the Middle East and Africa’s largest and leading digital payments company. Its purpose is to help businesses and economies grow by simplifying payments and commerce. Operating in over 50 countries, Network serves governments, banks, fintechs, merchants, and public sector companies. With a workforce of over 2,000 employees, Network serves more than 200 financial institutions and over 120,000 merchants across its markets.
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Reem Finance PJSC
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