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Magnati is the new name for the payments business of First Abu Dhabi Bank (FAB)
The Magnati brand is charged with energy and potential and is set to transform payments into possibilities. With the power of FAB’s expertise and infrastructure at the core, Magnati will attract regional and global partners, setting a new standard for innovation and delivery in the payments industry.
Magnati brings together four key business lines: a fast-growing acquiring business, strong and exclusive government solutions, and market leading consumer payments coupled with captive issuer processing business. This unique platform enables clients to grow their core businesses by monetising data and using next generation technologies such as APIs, artificial intelligence and machine learning capabilities to deliver improved experiences and increased efficiency.
Magnati is a fully owned FAB subsidiary, strengthening the Group’s leadership position in the rapidly expanding payments sector and accelerating its digital transformation agenda.
Deployed Capital
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Development Stage
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Location
United Arab Emirates (UAE)
Branches
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Investor Type
Corporate
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