MBME Group becomes 1st fintech company to list on ADX 

  • Date: 17-Apr-2023
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
  • Who else needs to know?

MBME Group becomes 1st fintech company to list on ADX 

The Abu Dhabi Securities Exchange (ADX) has listed MBME Group, which operates the region’s largest online utility and government services payment platforms.

The Group, the first fintech company to list on ADX, made its trading debut on the Growth Market under the trading symbol MBME. This achievement enables MBME Group to expand its offerings, access new markets and sectors, increase organic growth, and broaden its geographical focus to include various regions, in addition to transforming smart touch point kiosks into augmented, mixed, and virtual reality experiences.

The digital consumer payment industry is a complex web of interlinked services that allow businesses to offer digital payment options to consumers for goods and services. In this dynamic landscape, MBME Group stands out as a leading provider of customized digitalization solutions to government and government-related entities.

Drawing on its extensive experience in digitalization, MBME collaborates closely with its clients to develop state-of-the-art digital solutions that are tailored to meet specific needs. These solutions are not limited to development but also include long-term maintenance and upgrade services.

MBME, a family-owned business, becomes the 14th company to list on the ADX Growth Market, supporting the strategy of Abu Dhabi and the UAE to diversify the economy through the expansion