NymCard logo — The infrastructure behind modern payments.

NymCard

The infrastructure behind modern payments.

Founded 2018 United Arab Emirates United Arab Emirates 275 employees Series A Total: $36.10M Financial Services, Fintech +2

General Information

Company Name NymCard
Founded Year 2018
Location United Arab Emirates United Arab Emirates
Employees 275
Industries Financial Services, Fintech, Payments +1
Funding Stage Series A
Business Model Embedded Finance, B2B, Platform
Revenue Model Transaction Fee, Usage Based, Subscription
Social

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About NymCard

NymCard, founded in 2018 and headquartered in the United Arab Emirates, positions itself as the infrastructure behind modern payments. As MENA’s trusted partner in embedded finance, it helps businesses and platforms seamlessly integrate a full suite of financial services.

Specializing in cards, lending, and money movement, NymCard empowers industries like financial services, fintech, retail, insurance, telecommunications, travel, and the gig economy. Their modular platform, with over 1,000 APIs, simplifies embedding financial solutions into non-financial ecosystems, addressing key challenges like risk assessment and freelancer payouts.

With its deep understanding of MENA’s regulatory landscape, NymCard builds strong partnerships with industry leaders, establishing itself as a key player in regional digital transformation. The startup's ability to innovate while maintaining compliance makes it an attractive proposition for businesses pursuing advances in embedded finance.

The company secured a $22.50M Series A investment on 08 June 2022, supported by notable investors including FJ Labs, Endeavor Catalyst, and Shorooq Partners, demonstrating strong confidence in its growth potential.

Taxonomy: Embedded Finance, Payment Infrastructure, Card Issuing, Lending Solutions, Money Movement, API Integration, Digital Wallets, BNPL Solutions, Tokenization, Risk Assessment, Freelancer Payments, AI-Powered Credit Scoring, Neo Banking, Cross Border Payments

Services & Products

Card Issuing
Money Movement
Embedded Lending
Expense Management
SDKs & Portals

Target Customers

Banks & NBFIs Fintech Companies Exchange Houses Payment Service Providers (PSPs) & Electronic Money Institutions (EMIs) Telecommunications Insurance Providers SMEs

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $22.50M 9
FJ Labs, Endeavor Catalyst +7
08 Jun 2022
Debt Financing Undisclosed 1
Mashreq Bank
24 Feb 2022
Non Equity Assistance Undisclosed 1
GrowthX Accelerator
12 Jan 2022
Series A Undisclosed 1
Shorooq Partners
01 Nov 2021
Series A $7.60M 3
VentureSouq, Shorooq Partners +1
31 Jan 2021
Seed Round $1.50M 1
Shorooq Partners
01 Mar 2020
Seed Round $1.50M 1
BY Venture Partners
01 Aug 2019
Seed Round $3.00M 2
BY Venture Partners, Phoenician VC
01 Aug 2018

NymCard Alternatives & Competitors

NymCard vs
OdinMo
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NymCard vs
Pliant
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NymCard vs
i2c Inc.
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FAQ About NymCard

The infrastructure behind modern payments.
NymCard was founded in 2018.
NymCard is headquartered in United Arab Emirates.
NymCard operates in Financial Services, Fintech, Payments and Banking. Its work centres on Embedded Finance, Payment Infrastructure, Card Issuing and Lending Solutions. Its customers include Banks & NBFIs, Fintech Companies and Exchange Houses.
NymCard has a Embedded Finance, B2B and Platform business model. Its revenue comes from Transaction Fee, Usage Based and Subscription.
NymCard has approximately 275 employees.
NymCard has completed 8 funding rounds, raising a total of $36.10M. The latest funding stage is Series A.
NymCard offers: Card Issuing, Money Movement, Embedded Lending, Expense Management, SDKs & Portals.
Top alternatives and competitors to NymCard include OdinMo, Pliant, i2c Inc., Shaype, Param. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NymCard and OdinMo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NymCard, https://bouncewatch.com/company/nymcard, updated 9 May 2026. When citing, please name BounceWatch and link this page.

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