Tag "NymCard"

Nymcard Acquires BNPL Platform Spotii to Offer Solutions for Banks and Financial Institutions

NymCard, a Dubai based payments infrastructure provider, 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

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Verity Launches Family Banking App, Visa Debit Card for Kids and Teens

Verity has launched its family banking and financial literacy app, with a prepaid Visa card to enable children from the age of eight to start building their personal finance skills in a real-life environment. The platform allows parents to control

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NymCard Increases Funding to $35M

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,

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Mashreq Invests with Venture Fund into NymCard

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund

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UAE-Based BaaS Provider NymCard Joins Visa’s Fintech Fast Track Programme

UAE-based BaaS provider of embedded finance NymCard announced that it has it has joined Visa’s Fintech Fast Track programme. The partnership will allow the NymCard’s network of fintech partners to onboard onto Visa’s global network through the latter’s Fintech Fast

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UAE Card Processor NymCard Raises US$ 7.6 Million in Series A Funding Round

Abu Dhabi-based Banking-as-a-Service (BaaS) provider NymCard announced that they have raised US$ 7.6 million during a Series A funding round bringing the firm’s total funding to $12 million to date. The funding round led by Shorooq Partners and joined by

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7 Fintech Startups in UAE to Watch in 2021

The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market

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