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First Abu Dhabi Bank announces the sale of a 60% stake in Magnati to Brookfield Business Partners

First Abu Dhabi Bank today announced that it has signed an agreement for the sale of a 60% stake in its payments business Magnati,...

Magnati milestone: du in partnership with Magnati achieves one of the region’s highest digital payment acceptance rates for online transactions

Magnati, a fully-owned subsidiary of First Abu Dhabi Bank (FAB), has supported du, from Emirates Integrated Telecommunications Company (EITC), in achieving one of the...

New payment solutions to enhance Digital Experience for Abu Dhabi Government Services were introduced to “Abu Dhabi Pay”

The Department of Government Support represented by Abu Dhabi Digital Authority (ADDA), in collaboration with the First Abu Dhabi Bank (FAB) and Magnati has...

First Abu Dhabi Bank and Aldar Education launch digital fee payments through payit

Payit digital wallet, powered by First Abu Dhabi Bank (FAB) has partnered with Aldar Education the leading Emirati private education provider, to launch a...

DNIR partners with Magnati and FAB’s payit to enhance customers’ insurance experience

Dubai National Insurance & Reinsurance (DNIR), a publicly listed insurance company in the Dubai Financial Market (DFM) with multi-line insurance products for corporates and...

Collect payments via WhatsApp for the first time in UAE

Payit, the UAE’s first fully featured digital wallet, powered by First Abu Dhabi Bank (FAB), has partnered with PLATX Omni Channel Conversational Commerce, an...

Payit is MENA’s first wallet to offer Ding mobile recharge

Ding, aninternational mobile top-up platform, has announced a new partnership with payit, the UAE’s first, fully-digital wallet powered by First Abu Dhabi Bank (FAB)....

FAB’s Magnati partners with Al-Futtaim to offer Buy-Now-Pay-Later at IKEA online

Magnati, a fully owned subsidiary of First Abu Dhabi Bank (FAB), has partnered with Al-Futtaim to enable its Buy-Now-Pay-Later option on IKEA’s website. The...

First Abu Dhabi Bank’s Magnati launches end-to-end subscription-based ‘Business in a Box’ solutions for in-store and online SMEs

Magnati, a fully owned subsidiary of First Abu Dhabi Bank (FAB), has launched its ‘Business in a Box’ solution to help small and medium...

First Abu Dhabi Bank announces completion of payments business carve out and launches new brand – MAGNATI

First Abu Dhabi Bank (FAB) today completed the carve out of its existing payments business into a fully owned and operational subsidiary. The new...

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