Network International Holdings plc

Detailed Description

Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa. The company provides technology-enabled payment solutions to merchants and financial institutions. It offers merchant solutions comprise direct acquiring services that enable merchants to accept digital payments; acquirer processing services for bank customers on behalf of their merchants; payment acceptance solutions; merchant loyalty programs and management; and value-added services, including customer data analytics, dynamic currency conversion, and payment plans. The company also provides issuer processing services, which include hosting and processing credit, debit, and prepaid cards; fraud solutions; card loyalty schemes and management; and value-added services, including instant card issuance, card control services, and customer data analytics. It delivers its products and services through payment processing platforms, including Network One and Network Lite, as well as N-Genius, an online payment platform. Network International Holdings plc was founded in 1994 and is headquartered in Dubai, the United Arab Emirates.

Key People

Ron Kalifa (Non-executive chairman) Nandan Mer (Chief Executive Officer)

Financials

Revenue: $352.2 million (2021)

Operating income: $67.8 million (2021)

Net income: $56.6 million (2021)