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MyMonty Partners with Tamer Freres and Diebold Nixdorf to Simplify Financial Access and Promote Inclusion in Lebanon

By Dominic Sow · 1 May 2025

MyMonty Partners with Tamer Freres and Diebold Nixdorf to Simplify Financial Access and Promote Inclusion in Lebanon
MyMonty, a leading digital financial services provider, is pleased to announce a strategic partnership with Tamer Freres, a renowned regional technology solutions provider, and Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop. This collaboration supports MyMonty’s mission to enhance financial access and promote inclusion through the deployment of over 50 advanced DN Series® self-service machines across Lebanon. These machines will offer 24/7, year-round access to financial services, empowering users with greater convenience, autonomy, and reach, expanding availability and convenience for users across Lebanon. Antony Lorfing, CEO at MyMonty, said: “This partnership is a major step forward in delivering on our commitment to financial inclusion. By introducing innovative Self-Service Terminal technologies like the DN Series® 200V, 500VA, and DN Series Onboarding kiosks, we’re creating more convenient, 24/7 access points for our users, giving them the freedom to manage their finances anytime, anywhere. This is about more than just infrastructure; it’s about empowering our users and bringing financial services closer to their everyday lives.” Jaivinder Gill, VP and Managing Director, Banking – APMEA at Diebold Nixdorf, said: "Diebold Nixdorf is proud to partner with MyMonty and Tamer Freres to bring advanced Self-Service financial technologies to Lebanon. This initiative demonstrates our commitment to financial inclusion and innovation. By deploying our DN Series® self-service machines, Onboarding Kiosks, and our Vynamic® software (VCP and Vynamic View), we are supporting MyMonty’s strategy to enhance access to essential financial services throughout Lebanon.” Modern Infrastructure for Broader Access Through this initiative, MyMonty will introduce Diebold Nixdorf’s DN Series® 500VA dual-tower, marking their first deployment in Lebanon. Known for their advanced functionality, these machines offer:
  • Cash recycling technology that improves cash-handling efficiency
  • High capacity with the dual tower
  • Interactive Teller Machine (ITM) Kit that provides video conferencing, ID/Passport scanning, and e-signature
Additionally, MyMonty will deploy Onboarding Kiosks featuring instant card issuance, allowing new users to open an account and receive a physical card in one visit. These kiosks reduce friction in the onboarding journey and provide a rapid, self-service solution to accessing digital finance.  While these machines provide essential access to cash where needed, their advanced digital capabilities also serve as gateways to broader digital financial engagement. This initiative supports financial inclusion while expanding MyMonty’s digital service footprint, helping bridge the gap between Lebanon’s cash-based economy and the growing demand for accessible fintech solutions. Driving Innovation with Mobile-First, Cardless Solutions Tamer Freres’ TAMPay, integrated with Diebold Nixdorf’s Vynamic Connection Points application, enables seamless integration between digital channels and the physical machines infrastructure, allowing MyMonty to deliver advanced capabilities such as pre-staged mobile withdrawals, wallet integration, and real-time transaction processing. This powerful combination ensures a secure, intuitive, and connected user experience, advancing the shared goal of accessible and inclusive digital finance. Paving the Way for Inclusive Digital Finance By investing in smart financial machines infrastructure, MyMonty aims to make its financial services more accessible, secure, and immediate, especially in areas with limited physical service points. The partnership also strengthens the brand’s position as a fintech innovator, delivering real-world solutions that empower individuals and communities with continuous, convenient access to essential financial tools.

Companies in this story: MyMonty, Diebold Nixdorf

People in this story: Jaivinder Gill, Antony Lorfing

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