Network International is an enabler of digital commerce across the Middle East and Africa (MEA). As part of the agreement, Network International will be acquiring 100% of DPO Group, which will continue to operate under the same brand.
The acquisition of DPO Group will support Network International’s capabilities in Africa across online, mobile, and alternative payments, as well as providing merchant and MNO relationships and increasing the cross-selling opportunities to both DPO and Network International’s customers. DPO Group will retain its executive team and employees, as it continues to expand and will drive the payments agenda of the larger group within the African continent and the Middle East. The deal is expected to close by Q4 of 2020.