Payments Industry Leaders Join NymCard’s Advisory Board
NymCard, the UAE-based BaaS provider of embedded finance announced the introduction of payment industry leaders Ram Chari and David Parker to its advisory board. The new advisors will leverage their wealth of experience in the payments industry to provide guidance and direction to the fintech’s executive team through its continued growth and development as a […]
NymCard joins Visa’s Fintech Fast Track Program in MENA
NymCard aims to accelerate the growth of MENA’s fintechs by enabling them to fast track their card issuing. MENA-based BaaS provider of embedded finance NymCard has formed a strategic collaboration with Visa in the Middle East that will allow NymCard’s network of fintech partners to onboard onto Visa’s global network through Visa’s Fintech Fast Track Program. This […]
NymCard Announces $7.6 Million Series A Funding
NymCard, the leading MENA Banking as a Service (BaaS) provider has announced that they have received $7.6 million in Series A Funding. This round of funding was led by Shorooq Partners in participation with OTF Jasoor Ventures and VentureSouq. With this round NymCards total raised funding amounted to $12 million to date. Based in Abu […]
INVESTBANK and NymCard Bring Jordan’s Payments Ecosystem to the Future with New Digital Payments App “YAP”
With contactless payments becoming a necessity in the age of social distancing, INVESTBANK is rolling out YAP, a mobile payments app. Powered by NymCard, the leading modern payment issuing and processing platform in the MENA region, users are now able to link their INVESTBANK Visa credit and debit cards to the YAP digital wallet and […]
NymCard signs Visa/Mastercard payment card vendors Toppan FutureCard and EDC to its open APIs platform
NymCard, the UAE- based BaaS provider of embedded finance has signed MoUs with Visa/Mastercard payment card vendors Toppan FutureCard and Electronic Document Center (EDC) to be onboarded on the company’s open APIs platform thus giving unrivaled choice to clients. The MoU signing is part of NymCard’s regional expansion of its Banking-as-a-Service (BaaS) offerings to fintechs, […]
UAE BaaS provider NymCard launches fully public APIs to drive MENA Fintech Growth
UAE-based banking-as-a-service (BaaS) Fintech NymCard, announced the launch of its new Open API platform for payment card processing and issuing. Designed to remove the friction from the MENA payments industry, the platform aims to streamline the process of issuing new card programs and payment solutions, allowing the region’s fintech and banks to innovate, customize and […]
INC Iraq launches the first digital payment card ‘Neo’
Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a joint-statement to MENAbytes. The virtual […]
NymCard moves its headquarters to Abu Dhabi to tap into the growing MENA fintech ecosystem
NymCard, the modern cloud-based card issuing and processing platform, today announced that it has relocated its headquarters to Abu Dhabi to support its regional expansion plans. The startup that was founded in Beirut and has been enabling the next generation of payments in the Middle East & North Africa is now operating from ADGM Square […]
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