i2c partners with Visa for fintech processing in MENA

i2c Inc.a leading provider of banking technology and digital payment solutions, today announced its partnership with Visaa global leader in the digital payments industry, as a provider of processing services to fintechs in the MENA (Middle East and North Africa) region.

Through this agreement, fintechs in the region will be able to access Visa’s global network, as well as i2c’s agile issuance and processing platform, leveraging the digital and advanced payment technologies from both companies.

“We are honored to have entered into this agreement with Visa, focusing on the integration of fintechs in the MENA region,” said Amir Wain, CEO of i2c Inc. “It will enable visionaries in finance in the region, bring their services to market faster, and innovate across a wide range of products and features, including virtual, debit, prepaid, and credit cards, BNPL, cryptocurrency, and fidelity, among others; all in a secure and reliable way,” he added.

“We are convinced that this agreement represents a tremendous opportunity to strengthen access to financial services, and to give impetus to innovation in emerging markets. We are proud to work with exceptional partners who bring deep market understanding and extensive fintech experience,” said Andrew Torre, Regional President, ECMOA, Visa. “We look forward to working closely with i2c to scale up fintech development of innovative payment solutions that build on the foundations of the Visa network in the Middle East and South America region. ‘Africa. »

This agreement comes as fintechs experience unprecedented growth in this part of the world, with an estimated 680 million people unbanked, and 60 million merchants untapped. in the ECMOA region.

About Visa Inc.

Visa (NYSE: V) is a global leader in the digital payments industry, facilitating transactions between consumers, merchants, financial institutions and government entities in more than 200 countries and territories. Our mission is to connect the world through the most innovative, flexible, reliable and secure payment network, enabling people, businesses and economies to thrive. We believe that economies that include all people everywhere encourage all people everywhere, and believe that access is fundamental to the future of cash transfers. To find out more, see About Visa

About i2c Inc.

i2c is a global provider of highly configurable payment and banking solutions. Using i2c’s proprietary “block assembly” technology, customers can easily create and manage a complete set of credit, debit, prepayment, lending and other solutions quickly and affordably. . i2c delivers unparalleled flexibility, agility, security and reliability from a single, world-class Platform as a Service (PaaS). Founded in 2001 and based in Silicon Valley, i2c’s next-generation technology supports millions of users in more than 200 countries and territories, across all time zones. To find out more, see www.i2cinc.com

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View the source version on businesswire.com: https://www.businesswire.com/news/home/20220329005790/fr/

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