Zywa

Dubai, United Arab Emirates Founded: 2020 • Age: 6 yrs
Digital banking services are provided for teenagers via an app.
Annual revenue - Latest available
Total funding $4.0M 2 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 4 Brand Intelligence

About Zywa

Zywa is a company based in Dubai (United Arab Emirates) founded in 2020 by Alok Kumar and Nuha Hashem. It operates as a FinTech and Freemium. Zywa has raised $4 million across 2 funding rounds from investors including RippleHire, Goodwater Capital and Dubai Future District Fund. Zywa offers products and services including Zywa Card and Zywa App. Zywa operates in a competitive market with competitors including Cashee, Edfundo and StudentCart, among others.

  • Headquarter Dubai, United Arab Emirates
  • Founders Alok Kumar, Nuha Hashem
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Nymcard Payments Services Llc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Aug 23, 2022

  • Investors
    RippleHire

    & 6 more

  • Employee Count
    Not available
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Products & Services of Zywa

Zywa offers a comprehensive portfolio of products and services, including Zywa Card and Zywa App.

Product name locked
Category locked
Primary

A card for spending, saving, and earning money.

Product name locked
Category locked
Locked

An app for tracking spends and managing money.

People of Zywa

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Nuha Hashem
Co-founder
People
Akash Birajdar
Founding Team - Engineering
People
Sahaj Ramachandran
Engineering Team
People
Sanket Bhavsar
Founding Team - Engineering

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Teams

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Funding Insights of Zywa

Zywa has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in August 2022. 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 Zywa

Zywa has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include RippleHire, Goodwater Capital and Dubai Future District Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in consumer tech sectors are managed by Goodwater Capital.
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Venture capital fund focused on tech startups
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ZEMU Capital is focused on investing in innovative technology startups.
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Investor details for Zywa

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Participation history

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Investments & Acquisitions by Zywa

Investments
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Investment portfolio details for Zywa

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Zywa

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Detailed financials for Zywa

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  • Profit trends
  • Statement rows
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Zywa Comparisons

Zywa Primary company
Description
Digital banking services are provided for teenagers via an a...
Location
Dubai, United Arab Emirates
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Zywa

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Zywa

Zywa 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 Cashee, Edfundo and StudentCart, among others.

Company Name Domain Founded year HQ Location Description
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Digital banking services for teenagers are provided by Cashee.
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App-based platform for money management for students
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Manages school payments and child expenses through a user-friendly portal.
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Detailed competitors of Zywa

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Latest news on Zywa

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Complete news archive for Zywa

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Frequently Asked Questions about Zywa

Zywa was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Zywa is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Alok Kumar is the current CEO of Zywa. They have also founded this company.

Zywa is a funded company, having raised a total of $4M across 2 funding rounds to date.

Zywa is dedicated to providing financial solutions tailored for Gen Z. Services are offered through a card and app, enabling users to spend, save, and earn money. Features include spend tracking, bill splitting, and cashback on payments. Security is ensured with fraud monitoring and user control. The platform also supports parents in managing pocket money for teens. Community engagement is fostered through events, internships, and game nights. Operations are licensed under the Central Bank of UAE.

Zywa's top competitors include Cashee, Edfundo and StudentCart.

Zywa offers Zywa Card and Zywa App.

Zywa has 7 investors. Key investors include RippleHire, Goodwater Capital, Dubai Future District Fund, Rebel Fund, and ZEMU.

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