Brookfield Asset Management and Network International Holdings could be in the running to buy UAE lender Mashreqbank’s payment unit, Bloomberg wrote. The payment unit handles the processing of transactions for transactions made with credit and debit cards. Mashreq said earlier in the year that it...
Cashew, a buy now, pay later (BNPL) firm from the United Arab Emirates (UAE), has secured up to $10 million in debt and equity financing from Mashreqbank, a local lender, to help it expand more quickly, Reuters wrote Monday (May 9). Cashew CEO Ammar Afif...
February 01, 2023
Network International is reportedly in advanced talks to purchase UAE lender Mashreqbank’s payment business. The deal could value Mashreq’s payments operation at as high as $700 million, Bloomberg reported Wednesday (Feb. 1), citing unnamed sources. A spokesperson for Network International declined to comment when reached by PYMNTS Wednesday morning. PYMNTS has also reached out to […]
September 28, 2022
Brookfield Asset Management and Network International Holdings could be in the running to buy UAE lender Mashreqbank’s payment unit, Bloomberg wrote. The payment unit handles the processing of transactions for...
May 09, 2022
Cashew, a buy now, pay later (BNPL) firm from the United Arab Emirates (UAE), has secured up to $10 million in debt and equity financing from Mashreqbank, a local lender,...
