Streamlining Fiat-to-Crypto Conversions: CoinMENA FZE Joins Forces with Network International
Network International (Network), the foremost facilitator of digital commerce throughout the Middle East and Africa (MEA) region, has announced a strategic partnership with CoinMENA FZE, a virtual asset service provider, to offer users a seamless and secure transition from fiat to crypto through card deposits.
The announcement was made during a signing ceremony led by Pankaj Kundra, Group Head of Products, Partnerships, and Enterprises at Network International, and Talal Tabbaa, CEO of CoinMENA.
As a leading virtual asset service provider, CoinMENA is regulated and licensed by Dubai’s Virtual Asset Regulatory Authority, as well as the Central Bank of Bahrain. CoinMENA empowers investors to safely and securely buy, sell, send, receive, and store digital assets.
CoinMENA Co-Founders Talal Tabbaa and Dina Sam’an expressed in a joint statement: “Teaming up with Network International, the primary facilitator of digital commerce in the MENA region, signifies a significant milestone in our dedication to providing seamless and secure pathways to crypto for our users in the UAE. With the capability to instantly deposit fiat into their CoinMENA wallets via cards, our users can now enjoy a streamlined and efficient process. This aligns perfectly with our mission to continuously improve the accessibility and convenience of crypto services. We eagerly anticipate leveraging Network International’s industry leadership in the UAE to deliver the optimal experience for our users”.
Pankaj Kundra, Group Head of Products, Partnerships, and Enterprises at Network International, commented, “Network’s three-decade legacy of delivering cutting-edge payment solutions positions us well to leverage our experience and expertise across next-generation platforms such as crypto and digital asset financial services. Our collaboration with CoinMENA will offer UAE investors an additional avenue to use their cards to fund their CoinMENA wallets”.
He further stated, “Card deposits represent the most convenient method for users to fund their crypto wallets. We are excited to support CoinMENA by enhancing their onramp capabilities through our state-of-the-art N-Genius payment gateway. Our partnership underscores our commitment to streamlining digital payments in the region, in line with the UAE’s vision to foster a financially inclusive and cashless economy”.
