NymCard
PrivateLast Round
Series B
Mar 19, 2025
Total Funding Raised
$40.6M
Momentum Score
25 /100
Company Overview
NymCard is an embedded finance platform provider for the Middle East, North Africa (MENA), and Pakistan regions. The company offers a full-stack, API-driven infrastructure that enables banks, fintechs, enterprises, and telecommunication providers to issue physical and virtual payment cards, manage transactions, and embed lending and money movement services into their applications. By building its technology stack from the ground up, NymCard provides clients with the tools to design, launch, and scale payment programs without relying on third-party providers, aiming to modernize the region's payment ecosystem. The company has received significant venture capital funding to expand its services and market presence.
Sector
FinTech
Verticals
Digital Payments, Platform-as-a-Service, Digital Banking, Lending & Credit, RegTech
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Usage-Based SaaS, Subscription SaaS, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
NymCard Comps
Public and private peers based on sector, stage, and business model.
NymCard Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Mar 19, 2025 | ||||
| VC Round | Jun 8, 2022 | ||||
| Series A | Jan 31, 2021 |
Key People
Founding team and executive leadership
NymCard Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Shorooq Partners | Series B, VC Round, Series A |
| DisruptAD | VC Round |
| Endeavor Catalyst | VC Round |
| Phoenician VC | VC Round |
| Lunate | Series B |
| Reciprocal Ventures | VC Round |
| QED Investors | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 9, 2025
Launched services under the CBUAE Open Finance regulation.
- Mar 24, 2025
Srikanth Achanta appointed as new CTO to lead technology strategy.
NymCard Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about NymCard's valuation, stock price, and market status.
