Mashreq and i2c join forces to enable digital payment innovation in the UAE
Regional bank leader teams up with global issuer processor to accelerate region’s fintech growth
REDWOOD CITY, California, March 8, 2023–(BUSINESS WIRE)–i2c Inc. has announced a partnership with Mashreq, a leading financial institution in the UAE, to provide digital payment solutions to the region’s growing fintech industry.
The partnership will leverage i2c’s agile SaaS platform, which enables Mashreq to offer innovative payment experiences to consumers, merchants and fintech customers. The plug-and-play approach to program management will also allow new features to be accessed quickly and easily. The partnership aims to support the fintech ecosystem in the UAE with unmatched speed, reliability and security.
Kartik Taneja, head of payments at Mashreq, said: “The UAE has seen significant growth and opportunities in the fintech space, making the country a key Fintech hub. As we continue to focus on driving growth and innovation in the region, our collaboration with i2c will enable us to support the fintech ecosystem with speed and agility.”
Amir Yazdanpanah, General Manager, CEMEA at i2c, said: “We are delighted to partner with Mashreq to enable digital payments innovation in the UAE. Our scalable and agile platform, combined with their expertise, will enable the delivery of cutting-edge payment solutions to consumers and businesses in the region. We look forward to supporting Mashreq’s mission to drive growth and innovation in the fintech ecosystem.”
Together, the two companies aim to support the UAE’s growing fintech landscape with the latest technology and unparalleled expertise.
About Mashreq
Mashreq is half a century old, but proudly thinks as a challenger, startup and innovator. One of the region’s oldest financial institutions, Mashreq pioneered key innovations and developments in banking, starting with entry-level digital-first customers, all the way to powering some of the region’s most prominent companies and wealth accounts.
The bank’s mandate is to help customers find their way to Rise Every Day, work together through ups and downs to help them achieve their goals, and unlock their vision of success.
Mashreq’s domestic and global headquarters are reassuringly present in the major financial centers of the world, remaining in the Middle East, offering services whenever and wherever opportunity takes its clients.
Find your way to Rise Every Day at www.Mashreq.com/RiseEveryDay
About i2c Inc.
i2c is a global supplier of highly configurable payment and banking solutions. Using i2c’s proprietary “building block” technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c’s next-generation technology supports millions of users in more than 200 countries/territories and across all time zones. For more information, visit www.i2cinc.com and follow us @i2cinc.
See the source version at businesswire.com: https://www.businesswire.com/news/home/20230308005357/en/
Contacts
Christine Alemany
Marketing Manager, i2c Inc.
[email protected]
Rana Al Borno
PR, Mashrek
Phone: +971551686991
Email: [email protected]
