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 […]
Mastercard Welcomes NymCard as Principal Mastercard Issuer to Boost UAE Fintech Landscape
Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE. The milestone announcement marks the first time a fintech in the UAE is licensed to issue cards by Mastercard. The license from Mastercard enables NymCard to become the UAE’s one-stop provider for fintechs and digital partners, removing the need […]
NymCard Breaks New Grounds Closing $22.5m in Funding
NymCard – MENA-based Banking as-a-Service (BaaS) provider and card issuer has raised $22.5M in its latest Funding round. This will help it enable MENA-based FinTechs with the infrastructure required from BIN Sponsorship, Card Issuing, Program Management, Compliance, FX, and Treasury, leverage its over 150+ modern and open APIs on a platform that was developed from […]
NymCard appoints seasoned payments and banking expert, Mario Wehbe, as Chief Product Officer
NymCard, the only MENA-based BaaS in the region, rounds out its leadership team with the addition of Mario Wehbe as Chief Product Officer. Mario has close to 20 years of experience in banking and payments with successfully scaling teams and leading impressive business expansions. NymCard plans to enhance and expand its products with more innovative […]
NymCard has expanded its operations to Egypt and has appointed Omar El Moataz as Country Manager.
Today, the only MENA-based BaaS provider announced the addition of Country Manager Omar El Moataz, who has come from Mastercard to NymCard, to head its office and operations in Egypt. NymCard’s BaaS Infrastructure will be a core base for FinTech startups in Egypt to issue payment cards at speed and with less friction enabling innovative […]
