UAE-based digital bank Mbank has partnered with Turkish B2B fintech Dgpays Group to launch a digital wallet designed to offer businesses and freelancers the ability to integrate digital payments into their operations. Mbank will use Dgpays’ fintech platform to launch new financial products at scale and enhance customer experience.
Facts
- Mbank has partnered with Dgpays Group to launch a new digital wallet offering for businesses, entrepreneurs, and freelancers in the UAE.
- Mbank aims to use Dgpays’ fintech platform to launch new financial products “fast and at scale” to help businesses offer their customers financial services and enhance customer experience.
- The partnership is a gateway for Dgpays Group to expand its business in the Middle East and North Africa (MENA) region.
- Ahmet Kayhan, regional managing director and board member of Dgpays MEA, says that UAE is becoming the center of international growth for the company’s expansion into the Middle East, Africa, and Asia regions.
- The partnership with Mbank gives Dgpays a solid foot in the UAE as the company looks to build out its B2B fintech business.
- Dgpays currently has a presence in Turkey, the UK and the US.
- The digital wallet offered by Mbank and Dgpays will allow for the electronic payment process for all segments of society, including individuals and companies.
