About Us

Magnati is a regional leader in the payment solutions industry focused on direct acquiring, issuer processing and acquiring processing.

Magnati provides government, merchant and institutional clients with an intelligent payments platform that monetises data, using next generation technology to deliver improved experiences and increased efficiency. The Magnati brand is charged with energy and potential and is set to transform payments into possibilities.

Headquartered in Abu Dhabi, Magnati’s expertise and relationships provide a platform for Magnati to attract international partners, while setting a new standard for innovation and delivery in the payments industry.

Magnati brings together four key business lines:

Magnati is a regional leader in the payment solutions industry focused on direct acquiring, issuer processing and acquiring processing.

Magnati provides government, merchant and institutional clients with an intelligent payments platform that monetises data, using next generation technology to deliver improved experiences and increased efficiency. The Magnati brand is charged with energy and potential and is set to transform payments into possibilities.

Headquartered in Abu Dhabi, Magnati’s expertise and relationships provide a platform for Magnati to attract international partners, while setting a new standard for innovation and delivery in the payments industry.

Magnati brings together four key business lines:

Meet Our
Leadership Team

Chief Executive Officer

Ramana Kumar​

Ramana Kumar has been instrumental in driving innovation in the payments space in the region, having led many “first in the market” initiatives across payments, including digital payments, cashless initiatives and financial inclusion. Under his leadership, FAB has become the market leader in launching new generation payment solutions, as well as being the first bank in the region to drive monetisation through payments data.

Ramana has strong experience across corporate banking and transaction banking, and the ability to build payments solutions that connect the corporates to ever-innovating retail customer needs. He has special interests around innovation, FinTech, financial inclusion and blockchain, and their impact on the payments space.

Salim - updated (Demo)
Salim Awan​
MD & Head of Business Development Institutional Payment Solutions

Salim Awan is a seasoned payments, cards and financial industry professional with over 20 years in the industry, including 14 years at different leadership roles in the GCC. He worked with several of the Middle East’s leading banks and financial institutions, encompassing card issuing, and acquiring / processing portfolios, and also in the FinTech start-up sector agency banking and micro lending. In his experience, he has facilitated mergers and acquisitions and pre-IPO global equity partnership investments.

Salim is a firm believer in the transformational power of FinTech for businesses and consumers, including democratisation of payments and financial inclusion via digital simplification.

Imad - updated (Demo)
Imad Ahmed Abdalwahab​
MD & Head of Business Development Government Payment Solutions​

Imad has more than 22 years’ experience in digital payment and programme management in payment industry, in addition to strategic planning, delivery and vertical expertise in enterprise digital payment solutions in the Government and non-Government sector.

Imad is a technology executive and change catalyst offering a proven track record of incorporating and enhancing digital transformation to advance corporate goals and support business strategy within the Government and Banking Sector. He supports and fosters innovation to ensure the smooth transition from traditional payments into FinTech-driven initiatives for real-time payment with AI-based financing and wealth management. He also works to increase interoperability between stakeholders through efforts that advance the cashless economy and inspire uptake to achieve a cashless society.

Imad has managed complex, multi-million-dollar projects designed to enhance both government servicing and customer experience with banking and payment systems, FinTech, network and infrastructure solutions. He is an expert at digital payments in several market sectors including Government, Oil and Gas, and Banking solutions, where he applies innovation, creativity and proven project management methodologies.

Enaz - updated (Demo)
Enaz Ebrahim​
MD & Head of Business Development Consumer Payment Solutions​​

Enaz Ebrahim has more than a decade of experience and expertise in prepaid payments and digital wallets. He has overseen and guided the evolution of payroll solutions in leading banks to cement their position as a strong player and market leader in that space, including launching the region’s first digital cards platform.

Enaz has played a vital role in boosting the level of financial literacy in the underbanked segment. He is a champion of innovation and often speaks at industry forums on the cashless economy, digital conversion and consumer payments.

Kazim - updated (Demo)
Kazim Kirmani​
MD & Head of Products and Data ​

Kazim Kirmani has more than 15 years of experience in the banking industry. In his previous roles, he has launched numerous award-winning digital innovation products, including in POS terminals, card acceptance and digital wallets.

Kazim has a passion for data-driven product conceptualisation and innovation, which he has combined with his keen interest in blockchain and financial inclusion to enhance the customer experience and drive seamless payment.

Umer - updated (Demo)
Umer Farooq​
MD & Head of Payment Platform​

Umer Farooq is a customer-centric, seasoned payments industry professional with over 15 years of experience. As a business strategist, he has delivered a number of “first to market” initiatives across merchant acquiring and cards businesses, transforming payments platform. His core strengths include proven skills in payments technology and an ability to analyse, innovate and deliver while ensuring a secure and seamless customer.

Umer has held a critical role in a number of award-winning teams and projects during his career, including the Seamless Award in the Middle East & Africa for the Most Innovative Solution in the B2C category, as a testimony of the strategic platform vision under his leadership.

Narasima - updated (Demo)
Ram Chari​
Chief Operating Officer​​

Ram Chari has 30 years of diverse experience in payments, software products and technology, with a hands-on track record of creating successful businesses. With a career that includes running enterprises in Australia, India, Hong Kong, Singapore, Turkey, Taiwan, the United Arab Emirates and the United States, his background includes regional exposure to North America, Europe, the Middle East and Africa, Japan and Asia Pacific.

Ram was instrumental in successfully delivering the first-billion dollar payments unicorn in the Middle East in 2010, and serves as an advisor and board member for a range of payments and FinTech companies.

Muhammad - updated (Demo)
Muhammad Malik​
Chief Financial Officer

Muhammad Malik has more than 15 years of management experience within the accounting and finance functions of high-growth, technology-backed businesses across the MediaTech and FinTech spaces. He has worked with sector-specific payments businesses in the United States and Europe, where he oversaw originations of BNPL (buy now, pay later) assets in excess of GBP 1 billion and played a part in the development of tech-based payment platforms. His roles included managing multiple equity and structured finance transactions with global alternative investment funds, venture capital firms, HNWIs and family offices, to raise necessary equity and debt capital.

Muhammad’s FinTech experience brings significant exposure to operating a payments business at scale, and invaluable knowledge and experience to the finance team. He is an MBA (Distinction) from Manchester Business School and Fellow of Chartered Certified Accountant from the United Kingdom.

Salim - updated (Demo)
Salim Awan​
MD & Head of Business Development Institutional Payment Solutions
Imad - updated (Demo)
Imad Ahmed Abdalwahab​
MD & Head of Business Development Government Payment Solutions​
Enaz - updated (Demo)
Enaz Ebrahim​
MD & Head of Business Development Consumer Payment Solutions​​
Kazim - updated (Demo)
Kazim Kirmani​
MD & Head of Products and Data ​
Umer - updated (Demo)
Umer Farooq​
MD & Head of Payment Platform​
Narasima - updated (Demo)
Ram Chari​
Chief Operating Officer​​
Muhammad - updated (Demo)
Muhammad Malik​
Chief Financial Officer

Join Our Team

Magnati is charged with energy and potential, built around realising possibilities and maximising opportunities. Everything we do is based on our magnetic relationship with partners and customers.

To transform payments into possibilities, we need new thinking and ideas on a scale never seen before. We need a team with unmatched insight and expertise, while open to doing things differently.

Investor Relations

12+
YEARS OF BUSINESS

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Our Awards

Magnati