Collaboration focuses on advancing financial inclusion and digital transformation
Mint, one of the leading payment solutions providers with its own distribution channels across the United Arab Emirates, has entered into a partnership with S2M as part of its expansion plans.
Mint has embarked on a long-term partnership with S2M to introduce a modular core banking platform that prioritizes API-first architecture, cloud-agnostic capabilities, and high configurability, according to a press communique.
Partnership focus
“The company’s focus under this partnership is on moving towards advancing financial inclusion and digital transformation, enhancing the lives of underserved individuals and Micro Small and Medium Enterprises (MSMEs) across the region,” affirmed Abdulrazzaq Al Abdullah, Chairman & CEO, Mint Group.
“In collaboration with S2M, Mint has taken a significant stride to a mission to establish innovative Digital Banking Services and aims to deliver cutting-edge solutions that reduce the cost of living for individuals and drive economic growth for businesses,” he continued.
Furthermore, Abdulrazzaq Al Abdullah mentioned that Mint chose S2M as partner on the basis of shared values of customer-centricity, flexibility, and their result-oriented track record.
Al Abdullah also asserted that under this collaboration, existing financial solution systems will be revamped with the latest cloud-native electronic payment technologies of S2M, having served over 200 financial institutions globally, demonstrating its commitment to innovation and reliability.
Flexible solutions
“This collaboration aims to provide flexible solutions that instill confidence, trust, and comfort ensuring seamless integration and empowering users with innovative banking experiences,” noted Mohamed Amarti, Executive Vice President, S2M.
With Mint’s extensive experience spanning over a decade in payment processing, the company embarked on a transformative journey in 2020, divesting its business to pave the way for a fresh start.
Now, as a greenfield company, Mint finds itself at a unique juncture, brimming with opportunities to reimagine the future of financial services. Drawing from its illustrious past, which includes serving over 600,000 customers and partnering with 6,000 telco merchants in the acquiring space, the press statement concluded.