Innovate4Good

UAE’s NymCard secures $33M in funding to propel embedded finance innovation across MENA

NymCard, a Dubai-based fintech company, has successfully raised $33 million in a Series B funding round, marking a significant milestone in the Middle East and North Africa (MENA) region’s digital payments landscape. Led by QED Investors, with participation from Lunate, Dubai Future District Fund, Mashreq Bank, and others, this investment represents QED’s largest and first in the Gulf.