Who we are
Apiso is the leading provider of B2B virtual card integration services in the Middle East and is rapidly enlarging its footprint across Europe and the US. Our success is rooted in deep knowledge of payment ecosystems, an understanding of the realities and constraints of multiple industry sectors and the transformational needs of digital commerce in rapidly changing technological and social environments.
Apiso's Transformative Growth
Formed in 2018 and partnered with Infinios Financial Services, Apiso’s advanced payment integration solutions are setting new standards in multi-currency, multi-channel B2B payments using virtual cards. Apiso pioneered the introduction and growth of virtual cards in the Middle East travel industry and is the major regional distribution partner for global distribution systems and travel technology companies. As the effects of the Covid pandemic begin to pass, the company continues to see exponential growth not just within its home region MENA, but also as a result of rapid expansion across European and US markets and into additional sectors including insurance, logistics and business expenses management.
Our Vision
To enable the creation of digital commerce ecosystems powered by fully automated and embedded financial services solutions.
Our Mission
To provide frictionless, effortless and seamless experiences, that connect people and businesses through advanced payment integration solutions with multiple financial services partners.
Our Values
Appreciative: recognising needs and opportunities
Personable: valuing relationships and partnerships
Innovative: embracing forward thinking and creativity
Secure: exemplifying dependablity and respect
Obsessed: demonstrating determination and focus
What Customers Say About Apiso
“The Apiso solution has been extremely helpful to our company during a challenging year for the travel industry. We have offices across the region and our collective bank guarantee costs were very large. The success of the Apiso solution integrated with Amadeus B2B Wallet has given us good incentive to continue to invest in our payments strategy. We plan to reduce bank guarantees by 50% in the next year. Wherever we have an option to use virtual cards to maximise our revenues, we will do so,”– Mr Nitin Menon Dadabhai’s Executive Director.
“Thanks to Apiso our company is gaining more ROI per frontline staff member, helping us to de-risk exposure with existing & new suppliers plus helping to release more working capital into our business. We would highly recommend Apiso to any travel agency in the region.” – Mr. Daniel Ponzo (MD) Zahid Travel Group.
“Without a doubt the best of breed VCN provider in MENA region. Apiso has given us all the right currencies underpinned with fast funding channels helping our business to remain ahead of the curve. With quick turnaround times and exemplary levels of service what’s there not to like about Apiso?” – Mr. Bader Al-Bader (CEO) Rehlat"
“Apiso’s partnership with Technoheaven (our 3rd party tech provider) is exactly what we needed to ensure a smooth and seamless payment experience to our key supply channels using VCNs in key GCC currencies. Apiso’s uniqueness in providing VCNs in all main GCC currencies coupled with key partnerships will continue to set them apart from their immediate competitors.”
Meet our leadership team of payment experts
Andrew Sims,
Co-Founder and Director
Andrew is a serial FinTech entrepreneur, management consultant, and executive. Prior to co-founding the nDigital Group of companies, Andrew owned a boutique management consultancy practice providing strategy, technology and business development consulting to clients including MasterCard MEA. Earlier in his career, Andrew co-founded GPS, now widely recognised as the leading FinTech card processor in Europe; and was an Executive Director of Flex-e-card, the European market-leading gift card company. He was responsible for business development strategy at both companies from pre-formation through to high-growth.
Fuad Nonoo
Co-Founder and CEO
In addition to his role as CEO of Apiso, Fuad is the Chairman of the nDigital Group and the majority shareholder of NEC Money Exchange, a money exchange and remittance company with 21 retail locations across Bahrain and a growing digital presence including the Bahrain franchise for Western Union digital channels. Historically Fuad spent time in executive positions in a number of Nonoo family office enterprises including BFC (Bahrain Financing Company) that was later sold to private equity and was a partner in Nonoo Jewellery a UAE based gold bullion dealer that was sold to Standard Bank.
Michael Yadgar, Executive Director and Legal Counsel
Michael is a corporate lawyer with more than 20 years of experience directing clients on corporate, acquisition, divestment, strategy and investment matters with a focus on Fintech, Biotech, digital investments and investment funds. He joined the group in 2018, serves as a Board member of nDigital Holdings and its subsidiaries, and is Chairman of the audit, risk & compliance, and corporate governance committees.
Suhail Uddin, Business Development Director
With well over 25 years’ experience Suhail is a seasoned, multilingual sales & payments professional with disciplines in card issuing, processing, acquiring, Banking as a Service (BaaS), and regulation. Suhail has also been instrumental in helping to launch and sell major card programs in Europe for both program managers, issuers, and global travel tech companies.
Torsten Gros,
Chief Operating Officer
Torsten is a seasoned travel technology and fintech professional with more than 20 years of experience, heading Implementation, Onboarding, Account Management and Support. Before Torsten has joined Apiso in Summer 2021 he held senior positions at industry leading companies, such as Travelport, KDS (now Neo Technology Group – part of American Express Global Business Travel) and eNett (a WEX company).
