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

NymCard Partners with Banque Misr to Revolutionise Digital Payments in Egypt

1st September 2024, Cairo, Egypt: NymCard, the leading provider of embedded finance solutions in the MENA region, has announced a strategic partnership with Banque Misr, one of Egypt’s most prominent banks, to revolutionise the digital payments landscape in Egypt. This collaboration marks a significant milestone in Egypt’s financial sector, combining Banque Misr’s deep-rooted banking expertise […]

NymCard Expands its MENA Footprint, Opening New Qatar Office

28th August 2024, Doha, Qatar: NymCard, the only embedded finance player serving clients in more than 9 markets across MENA, today announced its expansion into Qatar after obtaining a licence under the Qatar Financial Center (QFC). This strategic move marks another milestone in NymCard’s mission to build a robust payment infrastructure across the MENA region. […]

Dubai Islamic Bank & ChargeUp Partner to launch Corporate Expense Card in Pakistan powered by NymCard

11 July 2024, Karachi, Pakistan: Dubai Islamic Bank, ChargeUp & NymCard have partnered to launch innovative corporate expense cards tailored for Pakistani businesses. Through this collaboration, ChargeUp will issue Dubai Islamic Bank’s Corporate Expense Cards both virtual and physical for clients’ employees, utilizing NymCard’s advanced card issuance and processing technology. This integrated solution aims to […]

NymCard Partners with HugoBank to Revolutionize Payments in Pakistan

NymCard is thrilled to have signed a strategic partnership with HugoBank in Pakistan, aiming to redefine the payment experience in the region. “We are excited to join forces with HugoBank to enhance the payments experience for all,” said Omar Onsi, CEO of NymCard. “This partnership further demonstrates the continued trust banks place in NymCard to […]

NymCard and Dellsons Associates Unite to Propel Fintech Innovation

13th May 2024, Karachi, Pakistan : NymCard, a leading embedded finance solutions provider in MENAP, has partnered with Dellsons Associates (Pvt) Ltd, a renowned banking consultancy firm, to drive innovation and empower businesses across the Middle East and Pakistan. This strategic alliance combines NymCard’s cutting-edge technology with Dellsons’ regional expertise and industry connections. The partnership […]

NymCard & CWallet Announce Strategic Partnership to Issue Prepaid Cards in Qatar

14th December, Doha: NymCard, a leading embedded finance services provider, today announced a strategic partnership with CWallet, an award-winning fintech startup with Payment Service Provider (PSP) licensed from the Qatar Central Bank. Through this collaboration, NymCard will provide technology and services to issue CWallet-branded prepaid cards for CWallet’s customers in Qatar. NymCard will enable the […]

NymCard and Saudi Payments Sign MOU to Collaborate on Fintech Innovation at Seamless KSA

4th September 2023, Riyadh: NymCard, a leading white-label banking-as-a-service provider, has signed a Memorandum of Understanding (MOU) with Saudi Payments, the national operator of the national payments systems in Saudi Arabia. The strategic partnership aims to facilitate the introduction of payments processing services and innovative payments solutions to advance the Kingdom’s financial sector. The MOU […]

NymCard acquires Spotii to offer BNPL-in-a-Box for Banks and Financial Institutions

12th June 2023, Dubai: NymCard, the leading payments infrastructure provider in the MENA region, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain. This strategic move positions NymCard to offer its financial services client base a fully customisable BNPL product tailored […]

NymCard Signs 3 MoUs with FinTechs at Seamless KSA: Wally, Pemo, and Lamha

NymCard participated as a sponsor at the Seamless event in Saudi Arabia which gathers the banking and financial services industry to provide a platform to explore and collaborate. The event saw over 200 speakers and many key players that are contributing to the thriving FinTech ecosystem in KSA and the region. At the event, innovative […]

Fexco and NymCard’s Partnership brings Next Generation Multi-Currency Issuer Services to MENA

NymCard to utilize Fexco’s capability to provide Treasury as- a-Service to minimize both risk and cost to rapidly deploy multi-currency programmes across the MENA region.The partnership will deliver new volumes and revenue lines to issuers who can optimize cross-border settlements, reducing costs and boosting profitability. Financial Technology Company, Fexco, and NymCard, MENA’s only Plug and Play Banking as-a-Service […]