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Mashreq Bank completes USD 385 million stake sale in NeoPay

January 15, 2025

By News Team

UAE-based Mashreq Bank has announced the conclusion of the sale of a majority stake in NeoPay, its digital payments platform, for USD 385 million.  Led by a consortium consisting of DgPays and Arcapita Group Holdings, the acquisition brought Mashreq Bank, which is a privately owned bank providing online banking and…

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