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Mintoak acquires rewards fintech ICC Loyalty to expand bank platform in West Asia, Africa

Bengaluru-based Mintoak has acquired Dubai's ICC Loyalty for consumer rewards technology. This acquisition was largely funded by Mintoak's cash reserves and a small debt. ICC Loyalty manages credit card reward points for thirty-four banks and eleven million customers. The combined entity now offers a full-stack solution for bank clients. This strategic move aims to strengthen their presence in…

Mintoak acquires rewards fintech ICC Loyalty to expand bank platform in West Asia, Africa

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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