About NymCard
NymCard is a company based in Abu Dhabi (United Arab Emirates) founded in 2016 by Omar Onsi. It operates as a FinTech, SaaS (Software-as-a-Service), and Managed Services. NymCard has raised $63.1 million across 4 funding rounds from investors including FJ Labs, Shorooq Partners and Lunate. The company has 1 employees as of December 31, 2018. NymCard has completed 1 acquisition, including Spotii. NymCard offers products and services including Card Issuing, Money Movement, Embedded Lending, and Nym4Business. NymCard operates in a competitive market with competitors including Prepaid Financial Services, Thames Technology, B4BPayments, PrePay Solutions and Lerex Technology, among others.
- Headquarter Abu Dhabi, United Arab Emirates
- Employees 1 as on 31 Dec, 2018
- Founders Omar Onsi
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Sectors
Financial Services
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Email
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Website
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Social
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- Legal Name Nymcard Payment Services Llc
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Products & Services of NymCard
NymCard offers a comprehensive portfolio of products and services, including Card Issuing, Money Movement, Embedded Lending, and Nym4Business.
Cards are issued as prepaid, debit, or credit.
Transfers are enabled locally and across borders.
Credit is offered through modular decision engines.
SME platforms are built for branded services.
People of NymCard
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Software Development Team
16 people
Senior Team
13 people
Leadership Team
5 people
Product Management Team
5 people
Operations Team
5 people
Human Resources and Administration
3 people
Finance and Accounting
3 people
Android Team
3 people
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Funding Insights of NymCard
NymCard has successfully raised a total of $63.1M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $33 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NymCard
NymCard has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include FJ Labs, Shorooq Partners and Lunate.
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Venture capital fund investing in early-stage start-ups
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Alternative investment management services are provided in private markets.
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Private equity investments in the internet sector are targeted.
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Investor details for NymCard
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Investments & Acquisitions by NymCard
NymCard has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spotii.
Investment portfolio details for NymCard
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Purchase financing solutions are offered to customers for installment payments.
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Complete acquisition details for NymCard
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Financial Statements - NymCard
Detailed financials for NymCard
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Nymcard Comparisons
Peer comparison for NymCard
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Competitors of NymCard
NymCard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prepaid Financial Services, Thames Technology, B4BPayments, PrePay Solutions and Lerex Technology, among others.
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Prepaid card solutions and payment technologies are provided globally.
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Payment cards are manufactured, personalized, and distributed globally.
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White-label prepaid MasterCard issuance is offered by B4B Payments.
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Provider of prepaid card programmes.
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White-label prepaid card solutions are provided to businesses.
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Detailed competitors of NymCard
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Latest news on Nymcard
Complete news archive for NymCard
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Frequently Asked Questions about NymCard
NymCard was founded in 2016 and raised its 1st funding round 5 years after it was founded.
NymCard is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Omar Onsi is the current CEO of NymCard. They have also founded this company.
NymCard is a funded company, having raised a total of $63.1M across 4 funding rounds to date.
As of Dec 31, 2018, the latest employee count at NymCard is 1.
NymCard is established as a leading card issuing and payment processing platform operating across MENA and Pakistan. Services are provided in card issuing, including prepaid, debit, and credit cards, alongside money movement solutions for local and cross-border transfers. Embedded lending is offered through modular credit decision engines, and Nym4Business is tailored for SMEs with branded financial tools. The platform is built to serve diverse industries such as banks, fintechs, telecommunications, and retail, ensuring compliance with local and global regulations. Advanced security and fraud controls are integrated to protect transactions, while customizable APIs and SDKs are provided for rapid integration and scalability.
NymCard's top competitors include Thames Technology, Prepaid Financial Services and B4BPayments.
NymCard offers Card Issuing, Money Movement, Embedded Lending, and Nym4Business.
NymCard has made 1 acquisition, including Spotii.
NymCard has 15 investors. Key investors include FJ Labs, Shorooq Partners, Lunate, QED Investors, and Dubai Future District Fund.