MBME Group makes trading debut as first fintech firm to list on ADX

The Abu Dhabi Securities Exchange (ADX) announced today that it has listed MBME Group, which operates the region’s largest online utility and government services payment platforms. The Group, the first fintech company to list on ADX, made its trading debut on the Growth Market under the trading symbol MBME.

This achievement enables MBME Group to expand its offerings, access new markets and sectors, increase organic growth, and broaden its geographical focus to include various regions, in addition to transforming smart touch point kiosks into augmented, mixed, and virtual reality experiences.

The digital consumer payment industry is a complex web of interlinked services that allow businesses to offer digital payment options to consumers for goods and services. In this dynamic landscape, MBME Group stands out as a leading provider of customized digitalisation solutions to government and government-related entities. Drawing on its extensive experience in digitalisation, MBME collaborates closely with its clients to develop state-of-the-art digital solutions that are tailored to meet specific needs. These solutions are not limited to development but also include long-term maintenance and upgrade services.

Saeed Hamad Al Dhaheri, Managing Director and Chief Executive Officer of ADX, said: “We welcome MBME Group, one of the largest online providers of payment solutions in the region, to the Abu Dhabi Securities Exchange. MBME’s listing will bring further diversification to our dynamic exchange.”