// company profile

About Us

Cash wave has accomplished some dynamic achievements in the field of ATM and Financial Technology. We are operating as the first independent switch in Canada known as Cash wave. Product specifications of Cash Wave are designed according to the consumer’s needs and their demands in the ATM Industry with a deep focus on Canada. The man behind Cash wave is Syed Mansoor Naqvi whose vision is to excel in Fintech all over Canada, and beyond.

MBE was established in 1996 and is operating in the field of E-commerce since twenty four years with a group of sixteen companies consisting of diverse set of businesses. In FinTech we are specialist in ATM and POS working as MBE ATM & MBE POS, as we move on and realize every day the importance of financial technology. MBE ATM is operating in all over Ontario with approximately 2000+ ATM Machines all over the province.

The company also deals in Property & Real Estate business as The Mansoor Naqvi Team & Royal LePage as the company is in merger with Royal LePage the Real Estate Company that was formed in 1913 in Toronto, Canada as Canada’s second largest in Real Estate business. MBE also deals in Insurance & Accounting as MBE Insurance & MBE Accounting, in Mortgage as MBE Mortgage and IT services as MBE Global. Our other businesses also includes MBE Construction, MBE Consultancy, MBE Digital, MBE Advertising, MBE Business Magazine, MBE Hospitality Industry comprises of Senator Hotel Timmins & Algonquin Inn Lakeside View, MBE Immigration & RMA/MBBP. Our diverse group of businesses makes us competitive with the best in the dynamic business environment of Canada.  

Syed Mansoor Ali Naqvi, the CEO & President of MBE Group is a highly dedicated entrepreneur who has written a book on the Journey of his life. His challenges and his incredible achievements has been penned down by himself since his birth till date while he is a truly acknowledged CEO.

His incredible works and diverse businesses in the field of E-commerce makes him one of the most successful entrepreneurs and Tycoons in Canada. A humble personality by nature, his association with MBE ATM and Cash Wave is found to be on the higher side. Since his first purchase while entering into the ATM business in 1996 till today, it’s never looking back.

“A Great News, As We Are Processing 2000 machines all over Canada. Only after a short period of 6 months Going Public”



MBE ATM presents Cash Wave, the best way to interact for cash handling, transaction and reporting analysis. Highly updated and interactive with key features that includes Agent Support, Cash Loading, Investment Plan, Merchant Account and Report Analysis. Just make a positive start by easy signup, configuration deployment and simply start earning. Best features for clients includes a detailed report analysis, i.e. one of the most dynamic features of Cash Wave.

“Make Your Waves of Change with Us, Through Cash Wave- AN Innovation in ATM”

President & CEO of MBE Group of Companies

Syed Mansoor Ali Naqvi is the CEO & the founder of MBE Group of Companies (MBE). He is a hands-on Chief Executive Officer (CEO) with his domination in ATM, POS, real estate, mortgage, insurance and accounting, hospitality and tourism and ride-sharing industry of Canada. Through his strategic foresight, drive, and determination, he has built a strong foundation for his successful multi-million dollar empire.

He is driven by an entrepreneurial spirit, vision and determination that have fuelled such a successful track record, such that the MBE group has emerged as Canada’s premium conglomerate with a diversified international business portfolio. He spotted and exploited a huge opportunity in the ATM and POS industry.

Back in 1996, when he was running a coffee franchise and no one could even think to compete with the giant payment processors. He had a foresight to start a company from scratch which would eventually grow into a business empire of various companies diversified in every field.

Mansoor has always had a knack for seeing what others don’t yet see. He is a visionary who created a gigantic purveyor of technology by introducing their own payment switch named as ‘Cashwave’, making his company to be the second biggest payment processor of Canada.

As a leader and self-sufficient innovator, Mansoor is comfortable in any role from the executive boardroom to the work floor. He is a savvy negotiator known for strong business development and relationship building skills. Mansoor’s innate ability to build high-performance teams, including his strategically-selected management staff, has served as a growth catalyst infused productive energy into the workplace.

From its humble origins in payment services, he expanded the MBE Group businesses vigorously and encompasses information technology, investments, real estate, mortgage, insurance, accounting, Tele-marketing and credit-counselling.

Mansoor earned a Masters in Analytical Chemistry from University of Toronto, and a Masters of Philosophy degree from University of Karachi.