NymCard
NymCard builds MENA payments infrastructure including card issuing, lending and money movement, with a $33 million Series B led by QED Investors.
Based in Dubai, founded 2018
The numbers
$182mValuation
$43.6mTotal raised
234Headcount
-8.6%Headcount growth
2018Founded
Why it’s on the list
NymCard is a MENA payments infrastructure leader, with a $33 million Series B led by QED Investors.
Funding history
2020Seed$3m
2021Series A$7.6m
2025Series B$33m
Backed by
On Founding MENA

How Peak Games Became a Starting Point for Turkey’s Next Gaming Companies
In 2019, five employees left Peak Games to build another mobile gaming company in Istanbul.
4 Nov 2026

What It Takes to Take a Gulf Restaurant Brand Abroad
At Harrods in London, Somewhere serves guacamole hummus, kunafa-wrapped shrimp and beef shawarma with beetroot rice.
1 Nov 2026

Tabby vs Tamara: The Competition Is Moving Beyond Buy Now, Pay Later
Tabby and Tamara became familiar to Gulf shoppers through a simple offer: buy something now and spread the payment across instalments.
31 Oct 2026

Why Gulf Startups Are Building Around the Corner Shop
A neighbourhood shop can look like a small customer for a technology company.
30 Oct 2026