QED Investors Leads $33M Investment in NymCard, Strengthening MENA’s Payments Infrastructure

Islamabad, February 21, 2025: Mobilink Microfinance Bank has signed a Memorandum of Understanding (MoU) with NymCard and Dellson Associates to strengthen collaboration in digital financial services.

Through this partnership, NymCard will offer  its advanced technology platform to enable digital lending solutions including, Buy Now Pay Later (BNPL), Send Now Pay Later (SNPL), and instant card issuing services. These solutions aim to empower customers with modern and adaptable financial tools that elevate their banking experience, 

Hariss Mahmood Chaudhry, Acting CEO of Mobilink Microfinance Bank, stated: “We are proud to partner with NymCard and Dellson Associates. This collaboration aligns with our vision to deliver cutting-edge digital financial solutions and promote financial inclusion in Pakistan.”

Ibrahim Amin, Chairman, Dellsons Group, added: “This partnership reflects our commitment to driving innovations and supporting digital financial inclusion in Pakistan through scalable and transformative solutions.”

CBO Shiraz Ali of NymCard added: “We are excited to join hands with Mobilink Microfinance Bank to bring scalable digital lending and card solutions to Pakistan’s financial ecosystem. Together, we aim to provide greater access to flexible and innovative financial services for customers.”

Dellson Associates will play a pivotal role in technology enablement and digital transformation to enhance Mobilink Microfinance Bank’s capabilities in providing scalable financial solutions.

For additional information, please contact: Press Relations – press@nymcard.com

About Mobilink Microfinance Bank:
Mobilink Microfinance Bank is Pakistan’s leading digital microfinance institution, committed to promoting financial inclusion and digital transformation. The bank was recently awarded the ‘Best Microfinance Bank’ title at the Pakistan Banking Awards 2024.

About NymCard:
NymCard is a fintech platform that empowers financial institutions and enterprises with innovative solutions, including  digital lending, instant card issuing and processing, and money movement.  With a focus on scalability and flexibility, NymCard delivers payment infrastructure tailored to meet the evolving needs of businesses in today’s dynamic financial landscape.

About Dellson Associates:
Dellson Associates is a leading consultancy firm specializing in technology-driven financial solutions. With expertise in digital transformation, Dellson supports financial institutions in enhancing operational efficiency and innovation.