NymCard launches Open Finance services under CBUAE Open Finance Regulation
With this milestone, NymCard becomes one of the first entities in the UAE to embed regulated payment functionality within a broader financial infrastructure through one modular platform.
Omar Onsi, CEO of NymCard, said:
"Open Finance is a pivotal shift in how financial products are built and delivered. This milestone reflects our commitment to advancing the UAE's financial ecosystem by delivering impactful financial experiences."
Unlike providers focused solely on connectivity, NymCard provides complete financial products through a single integration. This positions NymCard to serve a broad range of sectors including fintechs, SMEs, micro-SMEs, banks, and marketplaces looking to embed regulated financial capabilities into their user journeys.
Ihsan Alhayek, SVP – Open Finance at NymCard, added:
"We're enabling real-world payment use cases through secure, consent-driven A2A flows—giving consumers more choice and merchants a faster, more cost-efficient alternative. It's a major step toward building a more open and accessible payment landscape within a fully regulated framework."
This announcement follows NymCard's recent $33M Series B funding round led by QED Investors, and further strengthens its position as the region's most comprehensive embedded finance provider.
About NymCard
NymCard is the only embedded finance platform operating across 10+ MENA markets with direct scheme access (Visa, Mastercard) and full-stack infrastructure. Through a single platform, NymCard enables clients to build and launch embedded financial services—including card issuing, money movement, and lending—backed by modern APIs, regulatory compliance, and real-time controls.
To learn more, visit www.nymcard.com
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