NymCard

company

About

NymCard is a cloud-based issuer processor enabling financial institutions to build virtual and plastic card programs for their customers.

  • 11 - 50

Details

Last Funding Type
Series A
Last Funding Money Raised
$22.50M
Industries
Banking,Financial Services,FinTech,Payments
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active

NymCard is an issuer processor payment platform, which is reinventing payment cards through state-of-the-art infrastructure offered to banks and other financial institutions in Africa and the Middle East. It enables financial institutions to issue innovative digital payment products in regions that have historically dealt with extremely low penetration of payment cards. Utilizing powerful open API’s and Mobile SDK’s, its clients can now offer plastic, virtual, or tokenized cards to mobile end-users in as little as 8 weeks.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$22.50M
NymCard has raised a total of $22.50M in funding over 2 rounds. Their latest funding was raised on Jun 8, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 8, 2022 Series A $22.50M 1 Detail

Investments

Number of Investments
Number of Lead Investments
2
0
NymCard has made 2 investments. Their most recent investment was on Dec 6, 2017, when Inflect raised $3M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 6, 2017 Inflect
Seed $3M Cloud Infrastructure
Oct 4, 2017 Torch
Seed $2.40M Corporate Training

Investors

Number of Lead Investors
Number of Investors
1
NymCard is funded by 1 investors. Reciprocal Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Reciprocal Ventures Series A