May 23, 2024

CoinMENA FZE collaborates with Network International

Facebook
Twitter
LinkedIn
CoinMENA FZE and Network International agreement signing ceremony. Image Courtesy-Network International
CoinMENA FZE and Network International agreement signing ceremony. Image Courtesy-Network International

Network International (Network), has announced a strategic collaboration with virtual asset service provider CoinMENA FZE, to provide users with a seamless and secure onramp from fiat to crypto via card deposits.

The announcement was made at a signing ceremony led by Pankaj Kundra, Group Head of Products, Partnerships, and Enterprises at Network International, and Talal Tabbaa, CEO of CoinMENA.

A leading virtual asset service provider, CoinMENA is regulated and licensed by Dubai’s Virtual Asset Regulatory Authority, and the Central Bank of Bahrain. CoinMENA enables investors to buy, sell, send, receive, and store digital assets safely and securely.

CoinMENA Co-Founders Talal Tabbaa and Dina Sam’an said in a joint statement: “Partnering with Network International, the leading enabler of digital commerce in the MENA region, marks a significant milestone in our commitment to providing our users in the UAE with seamless and secure onramps to crypto. With the ability to deposit fiat to their CoinMENA wallet instantly via cards, our users can now experience a streamlined and efficient process. This aligns with our mission to continually enhance the accessibility and convenience of crypto services. We look forward to leveraging Network International‘s industry leadership in the UAE and providing the best experience possible for our users.”

Network International and CoinMena logo

Pankaj Kundra, Group Head of Products, Partnerships and Enterprises at Network International, said, “Network’s legacy of 30 years of providing cutting-edge payment solutions allows us to capitalise our experience and expertise across next-generation platforms such as crypto and digital asset financial services. Our collaboration with CoinMENA will provide UAE investors with an additional option to use their cards to fund their CoinMENA wallets.”

He added, “Deposits using cards is the most convenient way for users to fund their crypto wallets. We look forward to supporting CoinMENA by strengthening their onramp capabilities, through our best-in-class N-Genius payment gateway. Our partnership further reaffirms our commitment to streamline digital payments in the region in line with the UAE’s bid to become a financially inclusive and cashless economy.”

Source

Share.

RELATED POSTS

Meshal Al-Wazzan, Head of Strategic Planning and Follow-Up unit at Gulf Bank.
Gulf Bank appoints Meshal Al-Wazzan as head of strategic planning and Follow-Up unit
PayTabs collaborates with MEPS
PayTabs collaborates with MEPS
David Boast - GM UAE at Endava - lowres
LuLu Money and Endava launch Digit9
  • Telcotech

LATEST POSTS

Illustrative image
Immerse yourself in the forefront of technological innovation at the CyberSecAsia - Indonesia Summit 2024, hosted in the vibrant landscape of Jakarta, Indonesia. Scheduled for July 18, 2024
Hiba Araji appointed as the Regional Design and Project Development Manager for the Middle East/CIS region at Valor Hospitality Partners
Dubai South and Aldar to develop build-to-suit facility for Kuehne+Nagel at EZDubai, the fully dedicated e-commerce hub in Dubai South