NymCard - About the company
NymCard is a series B company based in Dubai (United Arab Emirates), founded in 2016 by Omar Onsi and Ayman Chalhoub. It operates as an Issuer processing solutions for businesses. NymCard has raised $63.1M in funding from investors like Shorooq Partners, QED Investors and Mashreq Bank. The company has 148 active competitors, including 23 funded and 22 that have exited. Its top competitors include companies like Imprint, Paysign and Card91.
Company Details
Issuer processing solutions for businesses. It provides solutions such as authentication for transactions, card configuration with open APIs, real-time notifications for payments, and more. It enables payments by issuing virtual and physical cards, tokenization, and card management.
- Website
- nymcard.com
- Email ID
- *****@nymcard.com, *****@nymcard.com
- Registered Address
- 1st Floor, 29-31 Minerva Road, London, United Kingdom, NW10 6HJ
Key Metrics
Founded Year
2016
Location
Dubai, United Arab Emirates
Stage
Series B
Total Funding
$63.1M in 5 rounds
Latest Funding Round
Investors
Ranked
4th among 148 active competitors
Employee Count
274 as on Apr 30, 2026
Legal entities associated with NymCard
NymCard is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NYMCARD LTD CIN: 10292993 , United Kingdom, Active | Jul 24, 2016 | - | 1 (As on Dec 31, 2020) |
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NymCard's funding and investors
NymCard has raised a total funding of $63.1M over 5 rounds. Its latest funding round was a Series B round on Mar 19, 2025 for $*****. 10 investors participated in its latest round. NymCard has 18 institutional investors.
Here is the list of recent funding rounds of NymCard:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 19, 2025 | 4567130 | Series B | 7434809 | 1580889 | 9302013 | 5996384 |
Jun 08, 2022 | 3498691 | Series B | 2130185 | 5256700 | 7239338 | |
Feb 24, 2022 | 1454092 | Series A | 4391596 | 2783568 | 1186807 |
View details of NymCard's funding rounds and investors
NymCard's founders and board of directors
Founder? Claim ProfileHere are the details of NymCard's key team members:
- Omar Onsi: Founder & CEO of NymCard. Contact Info: 1 email address
- Ayman Chalhoub: Former Co-Founder & CPO of NymCard.
View details of NymCard's Founder profiles and Board Members
NymCard's employee count trend
NymCard has 274 employees as of Apr 26. Here is NymCard's employee count trend over the years:
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NymCard's Competitors and alternates
Top competitors of NymCard include Imprint, Paysign and Card91. Here is the list of Top 10 competitors of NymCard, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Imprint 2020, New York City (United States), Series D | White label solutions for payment cards | $353M | 74/100 | |
2nd | Paysign 1995, Henderson (United States), Public | Provider of prepaid card payments solutions for businesses | - | - | 64/100 |
3rd | Provider of platform enabling businesses to issue and manage payment instruments | $14.2M | 63/100 | ||
4th | NymCard 2016, Dubai (United Arab Emirates), Series B | Issuer processing solutions for businesses | $63.1M | 62/100 | |
5th | Manipal Payment and Identity Solutions 2008, Manipal (India), Series A | A fintech company offering banking networks and smart card manufacturing solutions | $24M | 61/100 | |
6th | Rain 2021, Brooklyn (United States), Series C | Stablecoin-powered cards and payments infrastructure for a fluid financial system | $338M | 58/100 | |
7th | Debit card issuance API platform for crypto wallets | $9.2M | 58/100 | ||
8th | Equals 2019, Chester (United Kingdom), Funding Raised | Global money transfers platform for businesses | - | - | 55/100 |
9th | Prepaid Technologies 1998, Birmingham (United States), Series B | Prepaid cards for banks and businesses | $101M | 49/100 | |
10th | Apto Payments 2014, San Francisco (United States), Series A | White-label solutions for prepaid card issuance | $45.4M | 48/100 |
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NymCard's Investments and acquisitions
NymCard has acquired 2 companies including Spotii and Spotii. NymCard has not made any investments as of now.Reports related to NymCard
Here is the latest report on NymCard's sector:
News related to NymCard
Media has covered NymCard for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Nymcard raised $33 M Series B funding from QED InvestorsIncubees•Apr 02, 2025•NymCard, QED Investors
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ClearGrid Raises $10M to Modernize Debt Collection with AIRasmal•Mar 21, 2025•NymCard, QED Investors
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NymCard Raises $33M in Series B FundingFinSMEs•Mar 20, 2025•NymCard, QED Investors, Lunate, Dubai Future District Fund and 8 others
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NymCard Gets $33 Million to Deepen MENA Embedded Finance PresencePYMNTS.com•Mar 19, 2025•NymCard, QED Investors
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NymCard Secures US$33 Million in Series B FundingFintech News•Mar 19, 2025•NymCard, QED Investors, Lunate, Dubai Future District Fund and 7 others
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Qed Investors Leads $33m Investment In Nymcard, Strengthening Mena’s Payments InfrastructureFinancial IT•Mar 19, 2025•NymCard, QED Investors, Lunate, Dubai Future District Fund and 7 others
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