MDP, a leading issuing and payment processing company in the Middle East and Africa, has appointed Frank Molla as the Managing Director for MDP Africa.
In his new role, Molla will lead MDP’s efforts to promote growth, explore new opportunities, and deepen partnerships across the African continent.MDP aims to simplify payment experiences for Banks, Fintechs, and SMEs and accelerate embedded financial solutions in Africa.
Frank Molla has two decades of experience in the payments industry, and he believes that MDP is well-positioned to create and capture meaningful value in Africa’s predicted Fintech growth of $65 billion by 2030.
“I am confident that MDP is still in the early stages of forging improved and exciting payment opportunities in Africa, and I believe that we are well positioned to create and capture meaningful value in Africa’s predicted Fintech growth of $65 billion by 2030.
I am excited to work with an exceptional team to entrench MDP’s value through partnerships, build out the next level of growth that the continent presents, and radically accelerate our Africa footprint,” noted Frank Molla on his appointment.
MDP has been active for 30 years, providing card and payment processing solutions for banks, fintechs, and other businesses across different markets and sectors in the Middle East and North Africa.
MDP has been active for 30 years, providing card and payment processing solutions for banks, fintechs, and other businesses across different markets and sectors in the Middle East and North Africa.