Q1 2026$251M raised3 deals9 new startups84 open roles

NymCard

MENA's leading embedded finance and card issuing platform

Full-stack API-first embedded finance platform powering card issuing and payment infrastructure for 50+ banks, fintechs, and enterprises across MENA and Pakistan.

FROM THE EDITOR'S DESK

NymCard operates in the infrastructure layer that rarely gets attention but quietly determines what's possible for everyone else. Card issuing and embedded finance are the plumbing beneath neobanks, BNPL providers, and expense platforms — and NymCard's 50+ bank client count suggests it has become a regional default.

The real question is defensibility: card issuing faces competition from Marqeta and from banks building in-house. NymCard's edge is regulatory — navigating licensing across MENA jurisdictions is genuinely hard. If the embedded finance wave hits MENA the way it hit the US, NymCard is the picks-and-shovels winner.

TEAM

Omar OnsiCo-Founder & CEO
Ayman ChalhoubCo-Founder

SNAPSHOT

Founded2018
Total Raised$63M
CategoryFintech
StatusActive
Team Size201-500
LocationDubai, UAE

FUNDING HISTORY

Mar 2025
Series B$33M
QED Investors

NEWS ABOUT NYMCARD

Funding Newsa year ago

NymCard Closes $33 Million Series B Led by QED Investors

NymCard raises $33M Series B led by QED Investors to deepen card-issuing infrastructure across 10+ MENA markets.

DXB Start·1 min read

OPEN ROLES

Fraud Analyst

Hybrid·Full-time