i2c Inc., a leading digital payment and banking technology provider, recently announced its partnership with Visa, the world’s leader in digital payments, as a FinTech processor in the MENA (the Middle East and North Africa) region. Through this arrangement, FinTechs in the region will be able to access Visa’s global network and i2c’s agile issuing and processing platform by tapping into the combined companies’ suite of digital-first solutions and advanced payments technologies.
This agreement comes at a time of unprecedented FinTech growth in the region, with an estimated 680 million unbanked persons and 60 million untapped merchants in CEMEA. Visa is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Its mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive.