MDP, a leading issuing and payment processing firm in the Middle East and Africa, appoints Frank Molla as Managing Director for Africa, signaling its commitment to expanding its presence and driving growth on the continent.
With over two decades of experience in the payments industry, Molla brings a wealth of expertise to his new role, where he will lead MDP’s efforts to deepen growth, explore new opportunities, and deliver innovative payment solutions across diverse markets and sectors in Africa.
Under Molla’s leadership, MDP aims to become the partner of choice for end-to-end card issuing and payment processing solutions in Africa, leveraging its groundbreaking technology and strategic partnerships to simplify payments for banks, fintechs, telcos, corporates, and challenger banks.
His appointment aligns with MDP’s vision of enhancing its presence in Africa and accelerating the adoption of embedded financial solutions across the continent, positioning the company to capitalize on Africa’s predicted fintech growth of $65 billion by 2030.
