NymCard, the only embedded finance platform operating across 10+ countries in MENA, has secured $33 million in its latest Series B funding round, led by QED Investors. This marks QED Investors’ most significant investment in the region – and the first time leading a deal in the Gulf Cooperation Council — underscoring the growing global confidence in MENA’s expanding fintech ecosystem.
The round saw strong backing from existing investors including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal, FJLabs, Shorooq and Endeavor, alongside new participation from Oraseya Capital, further validating…
