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Neopay provides payment infrastructure and services to merchants in the United Arab Emirates.
Founded in 1990 and based in Dubai, United Arab Emirates, Neopay develops payment infrastructure, including point-of-sale terminals and digital payment integrations. It serves sectors such as retail, hospitality, real estate, government and logistics, and its platform supports more than 10,000 merchants. In September 2024, a consortium co-led by Arcapita and Dgpays agreed to acquire a 65% stake from Mashreq Bank, valuing the company at approximately USD 385 million.
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