Browsing: Dgpays

Banking

Mashreq Bank Sells $385M Stake In Neopay

UAE’s Mashreq Bank announced on Monday that it had successfully completed the sale of a majority stake in Neopay, a digital payments provider. The minority stake has been acquired by a consortium consisting of DgPays and Arcapita Group Holdings Limited.

Business

Arcapita, Dgpays Consortium Acquire Majority Stake in Neopay

Arcapita Group Holdings and Dgpays have formed a consortium to acquire a majority stake in Neopay, a fast-growing payment solutions provider in the UAE. Neopay was originally launched as a strategic division of Mashreq but has quickly become a major player in the digital payments sector.