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NymCard - About the company

NymCard is a series B company based in Dubai (United Arab Emirates), founded in 2016 by Omar Onsi, Narendra Nandal 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 162 active competitors, including 23 funded and 23 that have exited. Its top competitors include companies like Imprint, Paysign and Rain.

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.
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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
Stage
Series B
Total Funding
$63.1M in 5 rounds
Latest Funding Round
Ranked
Employee Count
230 as on Sep 30, 2026
Investment & Acquisitions
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 19, 2025
3251121
Series B
9926737
7859256
9592963
4044532
Jun 08, 2022
2029505
Series B
7154423
5599292
9921950
Feb 24, 2022
9711187
Series A
5129296
7316448
7347450
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NymCard's founders and board of directors

Founder? Claim Profile
The founders of NymCard are Omar Onsi, Narendra Nandal and Ayman Chalhoub. Omar Onsi is the CEO of NymCard.
Here are the details of NymCard's key team members:

NymCard's employee count trend

NymCard has 230 employees as of Sep 26. Here is NymCard's employee count trend over the years:
Employee count trend for NymCard
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NymCard's Competitors and alternates

Top competitors of NymCard include Imprint, Paysign and Rain. Here is the list of Top 10 competitors of NymCard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Imprint
Imprint
2020, New York City (United States), Series D
White label solutions for payment cards
$353M
74/100
2nd
Logo for Paysign
Paysign
1995, Henderson (United States), Public
Provider of prepaid card payments solutions for businesses
-
-
64/100
3rd
Logo for NymCard
NymCard
2016, Dubai (United Arab Emirates), Series B
Issuer processing solutions for businesses
$63.1M
63/100
4th
Logo for Rain
Rain
2021, Brooklyn (United States), Series C
Stablecoin-powered cards and payments infrastructure for a fluid financial system
$338M
60/100
5th
Logo for Kulipa
Kulipa
2023, Paris (France), Seed
Debit card issuance API platform for crypto wallets
$9.2M
56/100
6th
Logo for Prepaid Technologies
Prepaid Technologies
1998, Birmingham (United States), Series B
Prepaid cards for banks and businesses
$101M
49/100
7th
Logo for Apto Payments
Apto Payments
2014, San Francisco (United States), Series A
White-label solutions for prepaid card issuance
$45.4M
48/100
8th
Logo for _$udo
_$udo
2020, Kaduna (Nigeria), Seed
Payment card issuance platform for developers
$3.7M
47/100
9th
Logo for Indue
Indue
2003, Brisbane (Australia), Acquired
Financial payment products and settlement services
-
-
47/100
10th
Provider of stablecoin infrastructure for card issuance and payment processing
$10M
46/100
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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

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Media has covered NymCard for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
NymCard Receives Open Finance License in UAEFintech News•May 13, 2025•NymCard
•
MENA’s NymCard secures $33m in Series B funding roundOpen Banking Expo•Mar 19, 2025•NymCard
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