NymCard receives in-principle approval from CBUAE for Stored Value Facility licence
Latest in-principal approval strengthens NymCard's regulated financial infrastructure and reflects its long-term commitment to the UAE
Dubai, UAE
Newsroom
Comera Pay and NymCard collaborate to shape smarter business payment experiences in the UAE
Comera Pay has entered a strategic partnership with NymCard to advance a more connected business payment experience in the UAE, combining Comera Pay's customer platform with NymCard's payments infrastructure.
Dubai, UAE
NymCard Launches nCore FullStack: The Complete Payments Infrastructure Through One Integration
Banks can now deploy cards, lending, payments, and settlement through a single partner, eliminating vendor fragmentation and cutting deployment timelines from years to weeks.
Dubai, UAE
Al Dar Exchange and NymCard Sign Strategic Agreement to Advance Payment Innovation in Qatar
Doha, Qatar – 19 February, 2026 — Al Dar Exchange and NymCard have announced the signing of a strategic agreement aimed at advancing modern payment capabilities and supporting the continued evolution of payment services in Qatar.
Apaya and NymCard Partner to Bring Open Finance–Powered Real-Time Payments to UAE Merchants
Dubai, UAE – February 16, 2026 – Apaya, the leading payment orchestration platform for the Middle East and Africa, and NymCard, CEMEA’s leading payments infrastructure provider, today announced a strategic partnership to enable Open Finance–powered, real-time account-to-accoun…
NymCard Enables Stablecoin Settlement with Visa in the GCC
Dubai, UAE – 2 February 2026 – NymCard has taken stablecoin settlement with Visa live in the Gulf Cooperation Council (GCC) region, marking a significant step forward in modernizing settlement infrastructure and digitizing the backend of money movement.
NymCard and easypaisa Partner to Launch Pakistan’s First Digital Credit Card Program
Islamabad, Pakistan, 12 December 2025: NymCard, the leading payment infrastructure platform, has partnered with easypaisa, Pakistan’s first digital bank, to power the country’s first fully digital credit card program.
NymCard Partners with Visa Direct to Enable Faster Cross-Border Transfers Across the Region
Dubai, UAE – 27th November, 2025 – NymCard today announced a partnership with Visa Direct, Visa’s global real-time money movement network, enabling banks, financial institutions, and enterprises across the Middle East, North Africa, and Pakistan to send cross-border transfers…
NymCard Launches Open Finance Services Under CBUAE Open Finance Regulation
UAE – 9th May, 2025 – NymCard, the MENA region’s leading embedded finance platform, today announced that it is now officially licensed to provide Open Finance services under the Central Bank of the UAE’s Open Finance regulation. With this milestone, NymCard becomes one of the…
NymCard Appoints Srikanth Achanta as Chief Technology Officer
[UAE, 24 March, 2025] – NymCard, the embedded finance platform provider in MENA, has appointed Srikanth Achanta as Chief Technology Officer (CTO) to lead its technology strategy and drive innovation across its API-first payment infrastructure.
QED Investors Leads $33M Investment in NymCard, Strengthening MENA’s Payments Infrastructure
[UAE, 19 MARCH, 2025] – NymCard, the only embedded finance platform operating across 10+ countries in MENA, has secured $33 million in its latest Series B funding round, led by QED Investors. This marks QED Investors’ most significant investment in the region – and the first t…
Faysal Bank and NymCard partner to enable financial innovation in Pakistan
Karachi, Pakistan, March 3, 2025: Faysal Bank Limited (FBL), one of Pakistan's leading Islamic banks, and NymCard, the MENA region’s leading embedded finance provider, have partnered to support financial innovation in Pakistan. Through this strategic collaboration, Faysal Bank…
Mobilink Microfinance Bank Partners with NymCard and Dellson Associates for Digital Financial Services
Islamabad, February 21, 2025: Mobilink Microfinance Bank has signed a Memorandum of Understanding (MoU) with NymCard and Dellson Associates to strengthen collaboration in digital financial services.
NymCard Partners with Nama United Financing to Power Business Payment Solutions in Saudi Arabia
5th February 2025, Jeddah, KSA: NymCard, the leading payments infrastructure provider in the MENA region, today announced a strategic partnership with Nama United Financing Company, a Saudi Central Bank-licensed fintech innovator offering real estate, production assets, SME, l…
NymCard Partners with AlRayan Bank to Foster Fintech Innovation in Qatar
6th December 2024, Doha, Qatar: NymCard, the trusted embedded finance provider in the MENA region, has announced a strategic partnership with AlRayan Bank, a leading bank in Qatar. This collaboration marks a significant milestone in driving fintech innovation and unlocking new…
NymCard Achieves PCI DSS 4.0 Compliance in the UAE
We are thrilled to announce that NymCard is now PCI DSS 4.0 compliant, a major milestone in our journey to ensure the highest standards of payment security. This achievement reaffirms our commitment to protecting our clients and their customers by meeting the most stringent se…
Ajman Transport Authority partners with NymCard
The Ajman Transport Authority has signed a strategic agreement with NymCard, a leading payments infrastructure provider, to introduce Visa prepaid cards through a digital app solution
NymCard announces new Cross-Border partnership with Mastercard!
Dubai, UAE; 11 September 2024: NymCard, a certified principal member of Mastercard's payment network and leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries through o…
NymCard partners with Xpendless in Qatar
9th September 2024, Doha, Qatar:: NymCard, the leading payments infrastructure provider in the MENA region, has announced a strategic partnership with Xpendless, a Qatari fintech startup licensed by the Qatar Financial Centre Authority (QFCA) and incubated by Qatar Fintech Hub.
NymCard Partners with Banque Misr to Revolutionise Digital Payments in Egypt
1st September 2024, Cairo, Egypt: NymCard, the leading provider of embedded finance solutions in the MENA region, has announced a strategic partnership with Banque Misr, one of Egypt’s most prominent banks, to revolutionise the digital payments landscape in Egypt.
NymCard Expands its MENA Footprint, Opening New Qatar Office
28th August 2024, Doha, Qatar: NymCard, the only embedded finance player serving clients in more than 9 markets across MENA, today announced its expansion into Qatar after obtaining a licence under the Qatar Financial Center (QFC).
Dubai Islamic Bank & ChargeUp Partner to launch Corporate Expense Card in Pakistan powered by NymCard
11 July 2024, Karachi, Pakistan: Dubai Islamic Bank, ChargeUp & NymCard have partnered to launch innovative corporate expense cards tailored for Pakistani businesses.
NymCard Partners with HugoBank to Revolutionize Payments in Pakistan
NymCard is thrilled to have signed a strategic partnership with HugoBank in Pakistan, aiming to redefine the payment experience in the region.
NymCard and Dellsons Associates Unite to Propel Fintech Innovation
13th May 2024, Karachi, Pakistan : NymCard, a leading embedded finance solutions provider in MENAP, has partnered with Dellsons Associates (Pvt) Ltd, a renowned banking consultancy firm, to drive innovation and empower businesses across the Middle East and Pakistan. This strat…
NymCard & CWallet Announce Strategic Partnership to Issue Prepaid Cards in Qatar
14th December, Doha: NymCard, a leading embedded finance services provider, today announced a strategic partnership with CWallet, an award-winning fintech startup with Payment Service Provider (PSP) licensed from the Qatar Central Bank. Through this collaboration, NymCard will…
NymCard and Saudi Payments Sign MOU to Collaborate on Fintech Innovation at Seamless KSA
4th September 2023, Riyadh: NymCard, a leading white-label banking-as-a-service provider, has signed a Memorandum of Understanding (MOU) with Saudi Payments, the national operator of the national payments systems in Saudi Arabia. The strategic partnership aims to facilitate th…
NymCard acquires Spotii to offer BNPL-in-a-Box for Banks and Financial Institutions
12th June 2023, Dubai: NymCard, the leading payments infrastructure provider in the MENA region, 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 NymCar…
NymCard Signs 3 MoUs with FinTechs at Seamless KSA: Wally, Pemo, and Lamha
NymCard participated as a sponsor at the Seamless event in Saudi Arabia which gathers the banking and financial services industry to provide a platform to explore and collaborate. The event saw over 200 speakers and many key players that are contributing to the thriving FinTec…
Fexco and NymCard's Partnership brings Next Generation Multi-Currency Issuer Services to MENA
NymCard to utilize Fexco’s capability to provide Treasury as- a-Service to minimize both risk and cost to rapidly deploy multi-currency programmes across the MENA region. The partnership will deliver new volumes and revenue lines to issuers who can optimize cross-border settle…
Mastercard Welcomes NymCard as Principal Mastercard Issuer to Boost UAE Fintech Landscape
Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE. The milestone announcement marks the first time a fintech in the UAE is licensed to issue cards by Mastercard.
NymCard Breaks New Grounds Closing $22.5m in Funding
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 Tr…
NymCard appoints seasoned payments and banking expert, Mario Wehbe, as Chief Product Officer
NymCard, the only MENA-based BaaS in the region, rounds out its leadership team with the addition of Mario Wehbe as Chief Product Officer. Mario has close to 20 years of experience in banking and payments with successfully scaling teams and leading impressive business expansions.
NymCard has expanded its operations to Egypt and has appointed Omar El Moataz as Country Manager.
Today, the only MENA-based BaaS provider announced the addition of Country Manager Omar El Moataz, who has come from Mastercard to NymCard, to head its office and operations in Egypt. NymCard’s BaaS Infrastructure will be a core base for FinTech startups in Egypt to issue paym…
Fintech Payment Solutions and NymCard partner to bring end-to-end payment solutions to Fintech in MENA
Dubai, UAE: Fintech Payment Solutions (FPS), the company delivering market-leading fintech innovation across MENA, and NymCard, MENA’s only Banking-as-a-Service (BaaS) and Plug and Play Finance Provider, today announced they have partnered to bring an end-to-end digital paymen…
NymCard to enable MENA Fintechs in partnership with VISA to help them scale and launch successful card programs
NymCard has signed a strategic partnership agreement with Visa, the world leader in digital payments, to support fintech's across the Middle East, North Africa, and Pakistan to launch and market their payment programs at speed. This collaboration offers MENA and Pakistan’s fin…
FOO and NymCard partner to bring end-to-end payment solutions for innovators in MENA
FOO, an award-winning, B2B SaaS solution provider, headquartered in the UAE and NymCard, MENA’s only BaaS provider and modern card issuing platform have partnered to provide a fully-fledged, and out-of-the-box digital payment solutions for innovators in MENA.
NymCard signs a Strategic Partnership Agreement with Data Aggregation and Payment Initiation provider DAPI
NymCard signs a Strategic Partnership Agreement with Data Aggregation and Payment Initiation provider DAPI
Mashreq Invests in NymCard as Part of Plan to Support the UAE Fintech Ecosystem
Mashreq, one of the leading financial institutions in the United Arab Emirates, has taken a stake in NymCard, the only banking-as-a-service (Baas) provider in the Middle East, to help grow the booming fintech ecosystem in the UAE.
Nexxo and NymCard join hands to empower bank in-a-box solutions for underbanked SMEs in emerging markets
NymCard to enable frictionless issuing across Nexxo’s global network
Mastercard welcomes NymCard as its newest Network Enablement Partner
United Arab Emirates – 30 September, 2021 – Mastercard has welcomed the banking-as-a-service (BaaS) provider and modern card issuing platform, NymCard, as the newest company to join its Network Enablement Partner program, providing it with the ability to deliver Issuances in r…
NymCard partners with Gate to Pay to power Jordan’s fintech ecosystem
NymCard, MENA’s leading BaaS provider and modern card issuing and processing platform partnered with Jordan’s Gate to Pay, the leading digital payment solutions provider and principal member with Visa and Mastercard, to power fast-track card issuing to accelerate growth of Jor…
NymCard onboards MENA’s super-money app Bankiom
Bankiom to launch their payment cards using NymCard’s BaaS platform
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 directio…
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.
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 ra…
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.
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 signi…
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 pr…
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 t…
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 th…