NiceThe Middle East is a fast growing market for prepaid cards. For example,Visa saw a 182 percent growth in the prepaid card sector in the MiddleEast last year making it their fastest growing prepaid market.
Mint hasestablished a significant presence in Dubai, United Arab Emirates (UAE)and is now looking to expand its marketing footprint by entering othermarkets like Saudi Arabia and Jordan. The news that Michael Lee-Chin’sinvestment firm Portland Investment Counsel has acquired a significantstake in Mint gives us more indication that Mint is attracting investorinterest.