NymCard Raises $7.6M Series A

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.

Shorooq Partners led this round. Participating investors included OTF Jasoor Ventures and VentureSouq.

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