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 […]
Fintech Payment Solutions and NymCard partner to bring end-to-end payment solutions to Fintech in MENA
Dubai, UAE: Fintech Payment Solutions (FPS), the company delivering market-leading fintech innovation across MENA, and NymCard, MENA’s only Banking-as-a-Service (BaaS) and Plug and Play Finance Provider, today announced they have partnered to bring an end-to-end digital payment solution to market. The two companies will deliver a range of products, services, and technologies, including issuing processing […]
NymCard to enable MENA Fintechs in partnership with VISA to help them scale and launch successful card programs
NymCard has signed a strategic partnership agreement with Visa, the world leader in digital payments, to support fintech’s across the Middle East, North Africa, and Pakistan to launch and market their payment programs at speed. This collaboration offers MENA and Pakistan’s fintech ecosystem partnership support and other value-added services, including Marketing, Consultancy, and industry expertise. […]
FOO and NymCard partner to bring end-to-end payment solutions for innovators in MENA
FOO, an award-winning, B2B SaaS solution provider, headquartered in the UAE and NymCard, MENA’s only BaaS provider and modern card issuing platform have partnered to provide a fully-fledged, and out-of-the-box digital payment solutions for innovators in MENA. NymCard and FOO’s collaboration is a step forward for the region’s ecosystem as it provides non-traditional financial institutions […]
NymCard signs a Strategic Partnership Agreement with Data Aggregation and Payment Initiation provider DAPI
NymCard signs a Strategic Partnership Agreement with Data Aggregation and Payment Initiation provider DAPI Leading BaaS provider and modern card issuing platform NymCard strengthens its value proposition in MENA, by signing a strategic partnership agreement with DAPI, the largest Data Aggregation and Payment Initiation provider in MENA. NymCard’s recent partnership with DAPI solves for a […]
Mashreq Invests in NymCard as Part of Plan to Support the UAE Fintech Ecosystem
Mashreq, one of the leading financial institutions in the United Arab Emirates, has taken a stake in NymCard, the only banking-as-a-service (Baas) provider in the Middle East, to help grow the booming fintech ecosystem in the UAE. This investment is part of a fintech fund that Mashreq has created to further Mashreq’s ongoing strategy to […]
