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NymCard raises USD 7.6 million for banking-as-a-service in MENA


Omar Onsi, Founder and CEO of NymCard

NymCard, a United Arab Emirates-based banking-as-a-service (BaaS) provider, has secured $ 7.6 million in Series A funding. The round was chaired by Shorooq Partners with the participation of OTF Jasoor Ventures and VentureSouq.

With this, NymCard has raised a total of $ 12 million.

NymCard was founded in Abu Dhabi in 2018 and specializes in card issuing and processing solutions for financial institutions, banks and fintechs in the Middle East and North Africa.



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