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NOW Money

63 employees

NOW Money is a FinTech company based in Dubai which operates across the United Arab Emirates in partnership with the Commercial Bank International and Mastercard. NOW Money is designed to meet the genuine needs of our customers through financial inclusion - it provides financial services to both corporates and employees, by offering a payroll portal to the companies and a digital bank account to the employees. Financial inclusion means giving everyone equal access to financial services, whatever is their background, income level or how much money they earn and we are committed to provide a digital bank account to all. A key difference in NOW Money’s mission for change, is that we focus on improving the digital and financial literacy of our customers, positively contributing to their overall well-being and security. In 2016, our co-founders, Katharine Budd and Ian Dillon, realised the opportunity to bank the GCC’s unbanked population, by developing a service that removes the stress of financial services for everyone involved – employees, employers, and banks - and they re-designed the wider financial ecosystem.

Investor insights

Funding rounds participated in

$4M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Financial Services

Sectors

Financial Services

Date founded

2016

Funding rounds raised

Total raised

$4M

from investors over 1 rounds

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NOW Money raised $4M on July 12, 2024

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