THE MIDDLE EAST’S
30. NymCard *
Description: Payments infrastructure company
Headquarters: UAE
Date of Establishment: 2018
Founder : Omar Onsi
NymCard provides banks, financial institutions, and enterprises with financial products including card issuing, embedded lending, money movement, stablecoin settlement, financial crime and reconciliation through its nCore platform. To date, the company has issued over two million cards and serves 60 clients across eight markets. In 2025, it expanded into Saudi Arabia, Pakistan, Qatar, Egypt and Lebanon and received Open Finance license from the Central Bank of the UAE. In March 2025, it raised $33 million in a Series B round led by QED Investors, bringing total funding to $68 million.