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NymCard Partners with Instapay to Support MENA's Fintechs Expand Operations Across Asia financialit.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialit.net Daily Mail and Mail on Sunday newspapers.
UAE-Based BaaS Provider Nymcard Joins Visa’s Fintech Fast Track Program NymCard, a Banking-as-a-Software (BaaS) fintech based in the UAE, announced on Monday it has joined Visa’s Fintech Fast Track program. NymCard reported it has also previously completed the Visa Ready “Issuer Processor” program that ensures the fintech’s commitment to delivering tech solutions that meet Visa’s industry-leading security standards and specifications. NymCard’s tech solution will be added to Visa’s partner directory listing. While speaking about the collaboration with Visa, Omar Onsi, CEO and Founder of NymCard, stated: “Our partnership with Visa strategically positions NymCard to be one of the go-to partners for the region’s growing fintech community enabling them to issue and process payment cards seamlessly and in record time. This allows our fintech customers to focus on building innovative and customer-centric products while leaving the complexities ....
Lebanese gallerist Saleh Barakat tells Myrna Ayad about the encounters that led to him discovering painter Bibi Zogbe. This account, part of our Remembering the Artist series, is based on their interview ....
Abu Dhabi based NymCard, a card issuing and processing platform, has secured $7.6 million in capital through a Series A funding round. The banking-as-a-service (BaaS) provider confirmed that the investment round was led by Shorooq Partners along with the contributions from OTF Jasoor Ventures and VentureSouq. The firm’s latest round now takes its total funding to date to $12 million. NymCard’s management stated: “We are constantly evolving and innovating, and we want to thank our partners for the support through our growth.” NymCard aims to offer the best card issuing and processing solutions for financial institutions, banking platforms, and Fintech firms in the MENA region. With its proven technology, the NymCard platform has been designed to fully digitize the payment card experience end-to-end, helping to lower overall costs and to help launch customer-focused solutions. ....
Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Abu Dhabi s NymCard raises $7.6 million 02 February 2021 Abu Dhabi-based banking-as-a-service vendor NymCard has raised $7.6 million in Series A financing. The round was led by Shorooq Partners in participation with OTF Jasoor Ventures and VentureSouq and brings NymCard s total funding to $12 million to date. NymCard majors in removing the operational friction required by fintechs and startups to issue their own payment cards. The firm says it can take six months off the usual eight month timescale to get payment services up and running. ....