NOW Money

9 results about this entity

Period: 19 Oct 2020 - 14 Aug 2024

/payments

NOW Money strikes deals with Commercial Bank International and Network International

NOW Money, a leading fintech that provides banking and payroll solutions to the underbanked migrant population in the Middle East, today announces its new strategic partnerships with Commercial Bank International (CBI) and Network International (Network).

/inclusion

NOW Money fosters financial inclusion with Mastercard

NOW Money, one of the leading inclusive digital payroll and banking platform for migrant workers, today announced its new strategic partnership with Mastercard, a global technology company in the payments industry.

/payments

NOW Money secures $4 million investment

Dubai based NOW Money, has announced it has closed on a $4 million equity round.

/people

NOW Money scores new investment round; appoints new CEO

Leading payroll and remittance platform, NOW Money has closed a new financing round led by Dubai-based entrepreneurs Mark Nutter and Nicolas Andine.

/cloud

NOW Money signs for ThetaRay AML tech

NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a collaboration to implement ThetaRay’s cloud-based AML solution to monitor cross-border payments and support in the prevention of financial crimes and money laundering on the fintech’s payments platform.

/inclusion

UN International Day of Family Remittances: 2020 beats forecasts

Launched in 2015 to build awareness of the contribution that migrant workers make to economies of their home countries, the UN’s International Day of Remittances (IDFR) this year welcomes a more positive picture than had been predicted by the World Bank.

/inclusion

NOW Money secures $7 million cash injection

NOW Money, a UAE-based provider of digital banking accounts for migrant workers, has secured $7 million in a funding round led by Anthemis Exponential Ventures.

NOW Money to issue Visa cards

Visa, the world’s leader in digital payments, has partnered with NOW Money, the UAE-based digital account service, to grant low-income customers in the Gulf region access to a full service digital banking solution.

/inclusion

Commercial Bank of Dubai to target low-income customers with NOW money

Commercial Bank of Dubai (CBD), one of the leading financial institutions in the UAE, has signed a partnership agreement with NOW Money, the digital account service, to provide accounts and cards targeted specifically at low-income customers.