NymCard Raises $7.6M Series A
NymCard raises $7.6 million in Series A funding led by Shorooq Partners to advance its Banking as a Service platform in the MENA region.
NymCard Raises $7.6M Series A
NymCard, a leading MENA Banking as a Service (BaaS) provider, has announced it has received $7.6 million in Series A funding. With this round, the company's total funding to date amounts to $12 million.
Investors
Shorooq Partners led this round. Participating investors included OTF Jasoor Ventures and VentureSouq.
About NymCard
NymCard is a leading Banking as a Service (BaaS) provider focused on the MENA region.
Funding Details
Company: NymCard
Raised: $7.6M
Round: Series A
Funding Date: February 2021
Lead Investor: Shorooq Partners
Additional Investors: OTF Jasoor Ventures, VentureSouq
Software Category: FinTech / Banking as a Service
Company Website: https://nymcard.com
Source: https://financialit.net/news/fundraising-news?page=139
