Tripoli, Libya — Libya’s banking sector is taking a major leap toward modernization. Network International (Network), one of the leading fintech firms in the Middle East and Africa, has signed a strategic partnership with National Union Bank (NUB – مصرف الاتحاد الوطني) to accelerate the adoption of secure, digital financial services across the country.
Driving Libya’s digital transformation
Through this collaboration, Network International will power NUB’s transition to next-generation banking with a comprehensive digital payments platform. The deal covers prepaid card issuance, end-to-end payment processing, and a variety of value-added services designed to improve efficiency and customer experience.
Crucially, NUB will also gain access to Network’s Digital Payments as a Service platform, which includes:
Advanced fraud prevention tools to safeguard transactions. Back-office managed capabilities to streamline operations. Scalable infrastructure to support rapid innovation and faster time-to-market for new products.
These tools are expected to help NUB roll out more inclusive, convenient, and secure financial solutions in line with Libya’s national financial inclusion goals.
Leaders speak on transformation
“This partnership marks a significant milestone in our commitment to expand digital financial services across Libya,” said Dr. Reda Helal, Group Managing Director, Processing, Africa at Network International. “We are proud to support National Union Bank’s transformation journey and help bring modern, inclusive banking solutions to more people. Together, we aim to build innovation, improve customer access, and contribute to the growth of Libya’s fintech ecosystem.”
Ahmed Sultan, CEO of National Union Bank, added:
“Partnering with Network International allows us to leap forward in our digital strategy. With their proven expertise and cutting-edge technology, we can offer our customers faster, safer, and more convenient financial services. This is a major step toward building a more inclusive and digitally empowered banking environment in Libya.”
A wider pan-African context
Libya is not alone in its pursuit of modern banking. Across Africa, fintech partnerships like this are transforming financial systems — from mobile money adoption in Ghana and Nigeria to digital wallets in Kenya and Rwanda. For countries such as Libya, where financial infrastructure is still developing, the ability to leapfrog into digital-first banking could accelerate inclusion for millions of underserved citizens.
Looking ahead
For Network International, the deal reflects a deliberate push to expand its footprint in the MEA region by working with leading banks to deliver next-generation payment infrastructure. For NUB, the partnership is a chance to position itself as a pioneer in Libya’s digital finance space, creating opportunities not just for banking customers but for businesses, merchants, and the wider economy.
As Libya continues its journey toward stability and growth, fintech innovation may prove to be one of the most powerful tools in shaping a more inclusive and resilient financial future.