Qatar Islamic Bank (Q.P.S.C.) (DSM:QIBK) acquired an unknown majority stake in QPAY International LLC from Nexxo Ventures on May 4, 2023. Pierre Abou-Sakr of CIGP (UK) Limited acted as financial advisor to Nexxo Ventures.

Qatar Islamic Bank (Q.P.S.C.) (DSM:QIBK) completed the acquisition of an unknown majority stake in QPAY International LLC from Nexxo Ventures on May 4, 2023.