NymCard Payment Services
Series B in 2025
NymCard is a payment processing platform founded in 2016, operating from Abu Dhabi, United Arab Emirates, with a focus on enhancing the digital payment landscape in Africa and the Middle East. The company specializes in providing an issuer processor solution that allows banks and financial institutions to offer innovative digital payment products, including plastic, virtual, and tokenized cards. NymCard's advanced infrastructure and user-friendly mobile wallet solutions facilitate quick account setup and immediate access to smart payment cards, promoting efficient and secure online transactions. By leveraging open APIs and mobile SDKs, NymCard aims to address the low penetration of payment cards in these regions, thereby driving greater participation in the digital economy.
VUZ is a developer of an immersive video platform and social app for XR and Metaverse experiences. It streams 360-degree video, live events, and interactive entertainment across VR, AR, and other devices, enabling users to access immersive content from anywhere. It offers a large library of content (over 20,000 hours) spanning entertainment, creators, and sports, and features such as gyroscope-based navigation and social sharing to enhance realism and interactivity. It aims to connect people by removing travel, time, and access constraints. Founded in 2017, the company operates with offices in Los Angeles, Dubai, and Riyadh.
souKare
Seed Round in 2020
SouKare operates an e-commerce platform specializing in the sale of contact lenses and sports nutrition products. It offers express shipping worldwide, with a focus on ninety-minute delivery within Dubai. The platform provides users with a convenient shopping experience for immunity boosters, pharmacy items, vitamins, supplements, corrective lenses, and color contact lenses.
paymennt.com
Seed Round in 2019
Paymennt is a mobile-first payments platform designed to facilitate online and in-person transactions for businesses, particularly micro and small enterprises. Founded in 2017 and headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan, the company specializes in providing a simple and efficient payment solution. Paymennt enables users to accept payments through various methods, including payment links, thereby streamlining the payment process and enhancing the overall customer experience. The company also focuses on integrating loyalty and reward points into its payment systems, allowing users to redeem and spend their points seamlessly.
Letswork
Seed Round in 2019
Letswork is a marketplace and membership platform that provides users access to a wide range of on-demand workspaces, including private offices and meeting rooms. As the largest network of co-working spaces in the UAE, it offers affordable and flexible workspace solutions tailored to the needs of small-scale businesses. Users can benefit from a subscription-based model that allows them to work from a diverse network of partner locations, including cafes, hotels, and shared spaces. The platform also enables clients to book private offices, meeting rooms, and creative studios as needed, promoting versatility and convenience in workspace selection.
Yallacompare
Series A in 2016
Founded in 2011, Yallacompare is a leading finance comparison platform operating across nine Middle East and North Africa countries. It specializes in helping users compare banking products and insurance policies, enabling them to save thousands of dollars annually through informed decision-making.
Based in Dubai's DIFC Innovation Hub, Wellx is the Middle East's pioneering wellness-focused InsureTech company. Founded by Vaibhav Kashyap and Javed Akberali, it offers personalized health insurance plans that encourage engagement in various wellness activities such as gym visits, healthy eating, mental wellness programs, and wearable tech usage. Leveraging advanced data analytics tools, Wellx tailors wellness experiences for individuals, families, corporates, and SMEs.