Islamic Finance

Bahrain’s GFH acquires stake in UAE fintech company Marshal


GFH Financial Group has acquired a 70% stake in fintech company Marshal, the Bahrain-based investment group said in a statement on Wednesday (Feb 19).

UAE-based Marshal provides payment technologies for companies including banks, petroleum consortiums, retail groups and government agencies.

GFH said Gaurav Dhar will continue to serve as Marshal CEO.

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tags:

Fintech
M&A