Modupay
About Modupay
Modupay provides a digital payments platform and card processing services for financial institutions and fintechs across the Middle East and Africa. The company enables secure electronic transactions through tokenisation and issues reloadable prepaid cards in partnership with regional banks and schemes. Recent coverage has focused on strategic alliances to enhance the payment ecosystem and the launch of sustainability tools for consumers.
FF News has published 6 stories and 1 video interview featuring Modupay since 2022, most recently "MDP Rebrands as Modupay, Marking the Next Chapter in Its Payments Platform Evolution" (3 February 2026).
People at Modupay on FF News
- Frank Molla, Managing Director - Africa
- Ahmed Nafie, Co-founder and Chief Executive Officer
Latest Modupay news
- MDP Rebrands as Modupay, Marking the Next Chapter in Its Payments Platform Evolution 3 February 2026
- Souhoola Receives Initial Approval to Issue Its Reloadable Prepaid Card in Partnership with Banque Misr, Visa, and Modupay 6 January 2026
- MDP Enables Tokenization for Secure Electronic Transactions in Collaboration With Meeza and Apple Pay 20 July 2025
- MDP Accelerates Growth in MEA With BPC Next-Generation SmartVista-Powered Processing Platform 17 July 2025
- MDP takes the lead in launching the Mastercard Carbon Calculator in Egypt 20 December 2023
- Mastercard and MDP forge strategic alliance to revolutionize the payment ecosystem in the region 4 December 2023