MDP, a leading provider of payments technology across the Middle East and Africa
has announced its rebranding to Modupay, marking the next phase in the evolution of
its flexible, end-to-end payments platform This change reflects the company’s expansion into
a comprehensive and scalable payments solution catering to banks, fintechs, telcos, and non-banking
financial institutions across the region
A New Era for Payments Technology: Modupay’s Vision for the Future
The rebrand to Modupay signals a clear shift in the company’s identity, capturing both its
current capabilities and its future aspirations Through Modupay, the company integrates
card issuance, payment processing, digital payments solutions, and data-driven insights
within a modular platform that can be configured, adapted, and scaled to meet the evolving
needs of institutions Ahmed Nafie, CEO of Modupay, explained, “This is an evolution of our
brand, not a change in our operations We started as a card manufacturer with a simple goal
to provide reliable payment solutions to our partners As the payments landscape evolved, we
adapted expanding into payment processing and then digital payments to address our clients
growing needs What has remained unchanged is our platform, our team, and our unwavering
commitment to our partners
Modupay’s Expanded Offerings: Flexibility and Scalability at the Core
The company’s journey has seen its offerings evolve beyond the single-product model
positioning Modupay as a comprehensive, modular platform capable of delivering customized
and scalable payment solutions The rebranding reinforces this transition, highlighting Modupay’s
ability to offer flexibility, scalability, and control, allowing institutions to seamlessly adopt solutions
tailored to their requirements Modupay reflects who we are today and the role we play in
empowering institutions to launch, operate, and grow with confidence We are proud to have
transitioned from a card manufacturing business to a leading payments technology enabler, now
backed by over 620 employees and operations in more than 40 countries, said Nafie With
dedicated teams in Ghana, Kenya, and Libya, we ensure that we remain accessible and responsive
to our partners wherever they are
Client-Centric Values and Commitment to Innovation
At the core of Modupay’s mission is a commitment to putting clients at the heart
of everything it does The rebrand underscores the company’s core values of integrity
collaboration, and listening to partner needs This approach ensures that institutions are
equipped with solutions that enable them to move faster, adapt smarter, and thrive in the
ever-changing payments landscape The evolution of Modupay reflects our dedication to
continuous innovation and our deep understanding of the regional financial ecosystem
Nafie added We remain focused on supporting the growth of the payments industry in
the Middle East, Africa, and beyond, providing a future-ready payments infrastructure that
meets the demands of both today and tomorrow
About Modupay
Modupay is a leading provider of payments technology solutions across the
Middle East and Africa, helping banks, fintechs, telcos, and non-banking financial
institutions build, launch, and operate payment products with enhanced flexibility
and control Formerly known as MDP, Modupay offers a modular and scalable platform
that integrates card issuance, payment processing, digital payment solutions, data and
insights, and regulatory compliance With more than 30 years of experience in the payments
ecosystem, Modupay serves its partners across the full payments lifecycle ranging from
personalized card production to financial transaction processing and digital payments
Headquartered in Cairo, Egypt, Modupay operates in over 40 countries, supported by a
team of 620+ professionals The company maintains close ties with its partners through
on-the-ground teams in key regional markets like Ghana, Kenya, and Libya
