When was JadoPado founded?

JadoPado was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is JadoPado located?

JadoPado is headquartered in Dubai, United Arab Emirates.

How many employees does JadoPado have?

As of May 31, 2026, the latest employee count at JadoPado is 5.

Is JadoPado a funded company?

JadoPado is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 05, 2013.

When was the latest funding round of JadoPado?

JadoPado's latest funding was a $***** Series A round on Nov 02, 2015, with participation from 1 investor. Its primary sector is Banking Tech. In United Arab Emirates, the Banking Tech sector has seen $65M in funding in 2026 to date.

Where does JadoPado rank among its competitors?

JadoPado ranks 3rd amongst 14 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was NOW Money, which secured $4M in Jun, 2024.

Who are the top competitors of JadoPado?

JadoPado's top competitors include NOW Money, Zand and FILPS. Among them, NOW Money secured the most recent funding round in June, 2024.

JadoPado - 2026 Company Profile, Team, Funding & Competitors

Company Details

Nomod is developing an internet-first bank for businesses. Aims to offer multi-currency IBAN accounts and payment cards to manage expenses.

Website: jadopado.com
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Key Metrics

Founded Year

2010

Location

Dubai, United Arab Emirates

Stage

Acquired

Total Funding

$4M in 2 rounds

Latest Funding Round

Series A, Nov 02, 2015, $*****

Investors

BECO Capital & 1 more

Ranked

3^rd among 14 active competitors

Employee Count

5 as on May 31, 2026

Similar Companies

Brex & 227 more

Exit Details

Acquired by Mohamed Alabbar (May 02, 2017)

View JadoPado's full profile

JadoPado got acquired by Mohamed Alabbar on May 02, 2017.

Click here to take a look at JadoPado's acquisition in detail

JadoPado has raised a total funding of $4M over 2 rounds. Its first funding round was on Oct 05, 2013. Its latest funding round was a Series A round on Nov 02, 2015 for $*****. 1 investor participated in its latest round. JadoPado has 2 institutional investors.

Here is the list of recent funding rounds of JadoPado:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2015	7501483	Series A	3125677	3533905	8254541	3836593
Oct 05, 2013	7142449	Seed	4321210	5103850	5800280	VentureSouq

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View details of JadoPado's funding rounds and investors

The founders of JadoPado is Omar Kassim.

Here are the details of JadoPado's key team members:

Omar Kassim: Former Founder of JadoPado and founder of 3 other companies, Esanjo, Nomod and Lunatap.
Contact Info: 1 email address

View details of JadoPado's Founder profiles and Board Members

JadoPado's employee count trend

JadoPado has 5 employees as of May 26. Here is JadoPado's employee count trend over the years:

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Top competitors of JadoPado include NOW Money, Zand and FILPS. Here is the list of Top 10 competitors of JadoPado, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NOW Money 2015, Dubai (United Arab Emirates), Series A	Provider of an employer enabled mobile wallet to provide financial solutions	$13.2M	DIFC, Anthemis Group & 11 others	59/100
2nd	Zand 2018, Dubai (United Arab Emirates), Seed	Developer of a digital bank for personal banking and corporates	-	Aditya Birla, Franklin Templeton Investments ... & 6 others	46/100
3rd	JadoPado 2010, Dubai (United Arab Emirates), Acquired	Internet-first bank for businesses	$4M	BECO Capital, VentureSouq	37/100
4th	FILPS 2022, Dubai (United Arab Emirates), Unfunded	Online platform offering software solutions for banking management	-	-	31/100
5th	AGTB 2017, Abu Dhabi (United Arab Emirates), Unfunded	Digital bank for individuals	-	-	25/100
6th	Dibba Dubai (United Arab Emirates), Unfunded	Developer of an AI-powered platform for personal finance and savings	-	-	24/100
7th	Tahweel Bank Abu Dhabi (United Arab Emirates), Unfunded	Provider of private banking, investment, and mortgage services	-	-	24/100
8th	Reqwire 2025, Dubai (United Arab Emirates), Unfunded	Provider of business banking services with fiat and crypto capabilities	-	-	18/100
9th	The Investment Bank 1975, Dubai (United Arab Emirates), Unfunded	They offer comprehensive banking and financial services	-	-	16/100
10th	AVS Banking 2023, Dubai (United Arab Emirates), Unfunded	Provider of AI-powered global banking and income distribution system	-	-	16/100