MLG, a prominent Emirati conglomerate, and Sipay, a Turkish fintech, have partnered to launch an embedded finance and payments platform in the GCC region. This strategic partnership, backed by the Abu Dhabi Investment Wealth Fund, aims to drive digital transformation across sectors such as public transportation and small banks, starting with Egypt’s National Payment Gateway. With the GCC’s growing demand for fintech solutions, the collaboration seeks to enhance financial accessibility and strengthen trade relations across the region, marking it as the largest initiative of its kind in the area.

MLG and Sipay Launch Embedded Finance and Payments Platform in the GCC