Tech Company Financing Transactions
NymCard Funding Round
On 6/8/2022, NymCard raised $22.5 million in investment from DisruptAD, Reciprocal Ventures and Shorooq Partners.
Transaction Overview
Company Name
Announced On
6/8/2022
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Undisclosed
Investors
Proceeds Purpose
NymCard intends to use these funds to further grow its teams and strengthen its service in core markets, forming all the right local partnerships and setups
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Al Khatem Tower, 33rd floor ADGM Square, Al Maryah Island
Abu Dhabi, Undisclosed
UAE
Abu Dhabi, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
NymCard is the only BaaS provider based in the Middle East offering a modern payment issuing and processing platform that allows booming startups, FinTechs, large enterprises, and banks, in the MENA region to instantly create, control, and distribute virtual or physical cards using their modern, fully public API platform.
Management Team
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