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From their M&A Plans for the future "Mint

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Sam Dan Member Level  Saturday, 06/13/20 12:44:50 PM
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From their M&A Plans for the future "Mint has a fully certified global payments platform that is the foundation to build a scalable and globally competitive
business. The Corporation is at an inflection point to add new customers and products and offer value added
services to our customers in a seamless and frictionless manner. Mint is continuing to pursue this strategy.
The transition of Mint, from a program manager on the front-end of card issuing business relying on third parties to
do the processing, to being a full service card issuing, processing and acquiring platform is a game changer in
terms of the scale and scope of offerings that Mint can bring to the market place. Following the divestiture of the
payroll card business, Mint will shift its strategic focus from the payroll card product focused on unbanked migrant
workers to launching a digital banking platform that can be offered both as a white label product offering for other
banks and or financial institutions and as a direct service to personal and small business clients. This digital banking
platform in conjunction with our card management platform, payment gateway and merchant management
platforms will round out Mint’s technology across the full spectrum to service banks, small business clients and
personal clients. The initial focus will be on UAE market and then to expand regionally and into North America.
Given the range of technology now available and being developed Mint has the flexibility to develop and focus on
the unique needs of each market."


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