Mbank Teams Up with Fintech Firm Dgpays To Offer a Digital Wallet Integrated Solution

CIOTechOutlook Team | Tuesday, 18 April 2023, 08:55 IST

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To provide a digital wallet integrated with cutting-edge financial solutions across the UAE, Al Maryah Community Bank ("Mbank"), a prominent digital bank in the United Arab Emirates, has partnered with Dgpays Group ("Dgpays"), a B2B Fintech company originally from Turkey and now operating in the MENA region.
 
By enabling them to smoothly integrate digital payments into their enterprises, the alliance intends to provide business owners, entrepreneurs, and freelancers with facilitated financial solutions. This will make it possible for companies to provide their clients with a full range of financial services, improving the general client experience.
 
As Dgpays equips businesses with the most cutting-edge digital banking solutions, Mbank is utilising its Fintech platform and capabilities to launch financial products quickly and at scale. This collaboration supports the UAE's financial services sector's efforts to boost consumer demand for digital goods and services.
 
Mr. Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, commented on this partnership: "We are excited to partner with Dgpays in the UAE, a company with a proven track record of providing cutting-edge Fintech solutions. Our goal is to provide businesses with a simple and secure platform that enables them to offer a complete range of financial services to their customers, by offering a digital wallet in dirhams to facilitate the electronic payment process for all segments of society, including individuals and companies”.
 
He added: “We are thrilled to share a similar vision as that of Dgpays and support businesses that are a vital segment in the UAE’s economy. We are certain that this collaboration will allow us to offer customers a comprehensive range of financial services so that we can better serve their needs.”
 
"We are honored to be chosen by Mbank as a strategic technology partner. It’s a very important milestone for us.", said Dgpays Group CEO & Founder, M. Serkan Omerbeyoglu. "We are confident that together, we can expand our reach and provide businesses across the MENA region with the best-in-class financial solutions they need to succeed in today's digital economy".
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