Network International is at the intersection of some of the most exciting trends impacting global business, including technology, e-commerce and emerging marketplaces. It is the leading digital payments solutions provider in the Middle East and Africa, which puts it in the sweet spot of probably the most disrupted activity in global finance. It came as no surprise, therefore, that when the company launched its initial public offering (IPO) on the London Stock Exchange in April 2019, there was a rare sense of excitement among bankers and investors.
The Dubai-based company, founded in 1994 as a subsidiary of Emirates Bank, is growing fast in one of the world’s most under-penetrated payments markets. The company has a presence across the payments value chain in more than 50 countries. Unusually in the payments industry context, it works with both card providers and merchants. The company’s £1.1bn ($1.38bn) IPO was the biggest listing in Europe in 2019.
