> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# UAE-based fintech NymCard secures $22.5 million in funding
- URL: https://www.techloy.com/uae-based-fintech-nymcard-secures-22-5-million-in-funding/
- Published: 2022-06-08T12:19:17.000Z
- Updated: 2022-12-08T01:08:05.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in UAE

[NymCard,](https://nymcard.com/) the Middle East and North Africa (MENA)-based fintech firm has raised $22.5 million in its latest funding, a venture round bringing it to $35 million in total funding raised.

- The funds will help the firm to improve its finance-related infrastructure, develop its team and scale its presence in core markets.
- Founded in 2018, NymCard allows fintechs to plug and play ready finance into their applications via modern APIs.
- The firm supports financial services around the digital economy, multi-currency, money transfers, corporate exchange cards, on-demand delivery, BNPL, and youth banking applications.
- DisruptAD, Reciprocal Ventures, and Shorooq Partners led the funding round, with participation from Chimera, DFDF, Knollwood, Endeavor Catalyst, and OTF Jasoor Ventures.