NymCard onboards MENA’s super-money app Bankiom
Bankiom to launch their payment cards using NymCard’s BaaS platform
United Arab Emirates: December 06, 2021
Banking-as-a-service (BaaS) provider and modern card issuing platform NymCard onboards Bankiom, a super-money app for financial services. Bankiom, has chosen NymCard as its main enabling partner to provide an issuing platform to launch its payment cards with VISA and Mastercard.
Bankiom will be using NymCard’s tech infrastructure to provide its users in the GCC, Egypt, Jordan, and Iraq with the ability to open an account and get a payment card on their phones in under three minutes.
With over 400,000 users already signed up on their waitlist, Bankiom is building a seamless mobile-only experience that provides its customers with better visibility and more control over their finances all under one simple dashboard. Users will gain access to advanced money management tools that are easy to use with no hidden fees.
Danny Abla, CEO and Founder of Bankiom said: “We are super excited to partner with NymCard as we know first-hand how crucial it is to find the right partner that shares our passion to digitize our customers’ banking journey. We, at Bankiom are on a mission to make everyone financially fit and we believe that NymCard provides us with the building blocks to do so.”
Omar Onsi, CEO and Founder of NymCard said: “We are thrilled to have Bankiom onboard and building on our BaaS platform. Bankiom is testimony to the FinTech innovation that we are witnessing in this region, and we look forward to see how NymCard’s platform combined with Bankiom’s next generation all-in-one money management app will impact the financial services sector in the MENA region and beyond”.