Mintoak acquires Dubai’s ICC Loyalty to expand West Asia banking footprint
Mumbai-based payments platform Mintoak has acquired ICC Loyalty, adding card-rewards capabilities and access to 34 UAE bank clients. The deal strengthens its merchant and payments proposition across West Asia.
Mumbai-based payments platform Mintoak acquired Dubai’s ICC Loyalty, adding issuing-side card rewards capabilities and access to 34 UAE bank clients. The deal expands Mintoak’s West Asia footprint and complements its merchant-acquiring platform used by Indian bank partners.
Why this matters
The acquisition builds on Mintoak’s recent moves to combine bank payments, rewards and merchant engagement, including signals on adding bank-led rewards capabilities and data tools for banks.
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