Mintoak acquires ICC Loyalty to add bank-led rewards capabilities
Mumbai-based payments platform Mintoak has acquired Dubai-headquartered ICC Loyalty, expanding its loyalty and rewards offering for bank partners across international markets. The combined platform supports merchants, customers and payment volumes across more than 20 countries.
Mumbai-based payments platform Mintoak acquired Dubai-headquartered ICC Loyalty, adding loyalty and rewards capabilities. The deal expands its bank-engagement offering across international markets while strengthening a platform that includes Indian partners HDFC Bank, Axis Bank and SBI Payments.
Why this matters
The deal extends Mintoak’s push beyond payments, following signals on AI-led payment data for MSME credit and its CEO’s view of QR adoption as a base for embedded finance.
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