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5th February  2025, Jeddah, KSA: NymCard, the leading payments infrastructure provider in the MENA region, today announced a strategic partnership with Nama United Financing Company, a Saudi Central Bank-licensed fintech innovator offering real estate, production assets, SME, leasing, and consumer finance solutions.

Through this collaboration, NymCard will provide comprehensive card issuing and program management services to power Nama’s SME payment solutions. This partnership aims to enhance access to digital payment solutions for businesses across Saudi Arabia.

“Our partnership with Nama United Financing Company represents a significant step in empowering Saudi businesses with modern payment capabilities,” said Omar Onsi, CEO of NymCard. “By combining Nama’s deep understanding of SME needs with our robust payment infrastructure, we’re helping accelerate the digital transformation of business payments in the Kingdom.”

Saedd Kashkash, CEO of Nama Finance Company, said, “We are very excited to introduce new innovative financing services in the kingdom and are happy to partner with NymCard to power our payment services”.

The partnership aligns with Saudi Vision 2030’s goals of digitising the economy and supporting the growth of small and medium enterprises. The commercial credit card program will provide businesses with efficient, secure payment solutions designed for their specific needs.

For additional information, please contact:

Press Relations

press@nymcard.com

About NymCard:

NymCard is a leading provider of end-to-end embedded finance solutions, simplifying payments with its modern platform since 2018. As the only MENA-based provider fully regulated by the Central Bank of the UAE, and a principal member of both VISA and MasterCard, NymCard empowers businesses of all sizes to launch new payment products quickly, including issuing/processing, embedded lending & corporate digital banking solutions.

About Nama United Financing Company:

Established in 2023, Nama United Financing Company stands proud as a Closed Joint Stock Financing Company head office based in Jeddah. Nama is dedicated to offering comprehensive financing solutions, through a diverse array of digital services, to exemplify their commitment to empowering business ventures and personal aspirations.