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Mdp

Can a single end-to-end payments infrastructure platform — spanning card issuing, processing, tokenization, and BIN sponsorship — become the go-to BaaS layer for banks and fintechs across the MENA region?

HQUnknown (operates in MENA region, 7 countries)
IndustryInfrastructure / Payments
The story

MDP (operating under the Modupay brand) is a B2B embedded payments infrastructure provider targeting banks, fintechs, and SMEs across the MENA region and beyond. The platform offers an end-to-end suite spanning card issuing, processing (acquiring and issuing), digital gateways, tokenization, BIN sponsorship, and value-added services including fraud management and analytics. With over a decade of market experience, 35+ bank and fintech clients, and 2M+ cards hosted across 7 countries, MDP positions itself as a BaaS API layer for financial institutions seeking to launch embedded payments products quickly.

Last 12 months
The stack
Payments / PSP
Modupay Acquiring (self-operated)Modupay Issuing (self-operated)
Banking / BaaS
Modupay (self-operated)
Card issuing
Modupay (self-operated)
Accounting gap: none