Search Results for "EQ Bank"
2 results for "EQ Bank"
Deals 2
Mashreq Bank Sells Majority Stake in Paytech Neopay for $385M
Mashreq Bank sold a majority stake in its payments subsidiary Neopay to a consortium including Dgpays and Arcapita for $385 million, retaining a minority position. The deal separates Neopay's embedded payments infrastructure from the parent bank to enable independent growth.
EQ Bank Expands BIN Sponsorship Collaboration with Berkeley Payments in Canada
EQ Bank announced an expanded collaboration with Berkeley Payments to strengthen its BIN sponsorship business for prepaid cards in Canada. EQ Bank serves as the issuing BIN sponsor while Berkeley Payments manages commercial prepaid card programs. The partnership enables fintech-like services including incentive programs, reimbursements, and early wage access through EQ Bank's banking infrastructure.