The announcement came 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 and the Central Bank of Bahrain. CoinMENA empowers investors to buy, sell, send, receive, and store digital assets in a safe and secure manner.
CoinMENA Co-Founders Talal Tabbaa and Dina Sam’an expressed in a joint statement: “Collaborating with Network International, the premier facilitator of digital commerce in the MENA region, signifies a significant milestone in our dedication to offering our UAE users seamless and secure crypto onramps. With the capability to instantly deposit fiat to their CoinMENA wallet via cards, our users can now enjoy a streamlined and efficient process. This resonates with our mission to consistently improve the accessibility and convenience of crypto services. We eagerly anticipate leveraging Network International's industry leadership in the UAE to deliver the best experience possible for our users.”
Pankaj Kundra, Group Head of Products, Partnerships, and Enterprises at Network International, remarked, “Network’s three-decade legacy of delivering cutting-edge payment solutions enables us 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 option to utilize 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 committed to supporting CoinMENA by enhancing their onramp capabilities through our best-in-class N-Genius payment gateway. This partnership further underscores our dedication to streamlining digital payments in the region, aligning with the UAE’s objective to evolve into a financially inclusive and cashless economy.”