The UAE company retains a significant minority stake in the business after the sale to Arcapita Group and DgPays
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Arcapita Group Holdings
Mashreq sells majority stake in NEOPAY for $385 million
Consortium of Arcapita and Dgpays acquires the stake in UAE’s fast-growing payment solutions provider
digital payments
Mashreq repositions NEOPAY as UAE digital payments continue to soar
Dubai banking major completes transition of its existing payments business into wholly owned subsidiary