Company Information

Get to know NymCard

Founded in 2018 by Omar Onsi, NymCard is a cloud-native, modern payment issuing and processing platform. The company's mission is to simplify the complexity of launching card programs for its clients. By providing a comprehensive set of APIs, NymCard allows businesses to embed financial services, such as physical and virtual card issuing (prepaid, debit, credit), directly into their own applications without needing to build the complex payment infrastructure from scratch. The platform is strategically focused on serving the MENA region and is regulated by central banks and financial authorities in the UAE.

Industry

Technology White Label PlatformPRIMARY
Financial Banking
Financial Other Service

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NymCard

United Arab Emirates

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.