Dgpays and Arcapita to acquire a 65% stake in NEOPAY from Mashreq for $385m.

Dgpays, a payment system provider, and Arcapita, an asset management firm, agreed to acquire a 65% stake in NEOPAY from Mashreq, a private banking company, for $385m. "The acquisition represents a significant milestone for NEOPAY as it aims to expand its presence in the rapidly growing digital payments sector in the Middle East. The strategic support of the Consortium, positions NEOPAY to further accelerate its growth trajectory and offer new services, leveraging Dgpays’ cutting-edge technology," Dgpays.