Network International merges with Magnati

Network International, a leading fintech company across the Middle East and Africa (MEA), has officially completed its strategic merger with Magnati, a prominent payment solution provider in the UAE, under the ownership of a Brookfield-led consortium

The newly merged entity will operate as Network International LLC. With an enhanced suite of offerings including digital payments, data-driven insights, SME lending, and advanced fraud prevention, the combined platform is positioned to drive innovation, scale, and financial inclusion across the region. The company will continue partnering with governments to accelerate digital transformation and broaden access to financial services throughout MEA.

Hadi Badri, chairman of the board of Network International, said, “This merger creates a UAE homegrown fintech champion for the Middle East and Africa region with attractive opportunities for growth and innovation. The combined platform of Network International and Magnati will empower local merchants to thrive in one of the world’s most dynamic fintech regions.”

Murat Cagri Suzer, CEO, added, “By uniting two leaders with deep regional expertise and capabilities, we are creating a fintech platform with the scale, technology, and talent to shape the future of digital commerce across the region. Together, we bring even greater value to our clients and partners through diverse product offerings, faster innovation, enhanced data and insights, and a stronger geographic footprint.”

The integration of both businesses will be conducted in a phased manner, with their brands continuing to coexist for the time being.