NOW Money

Now Money is a fintech company that provides digital accounts to offer low-cost remittance and other financial services to migrant workers in Gulf.

Now Money's mission is to help workers access financial and remittance services otherwise out of reach.

Now Money was founded in 2016 by Ian Dillon and Katharine Budd. The company is headquartered in Dubai, Dubai, UAE.

 

NOW Money uses mobile technology to provide accounts, financial inclusion and a range of low-cost remittance options to workers, improving their lives and saving them significant money.

 

Now Money partners with businesses to provide their low-income employees with a Visa debit card and Now Money’s mobile app, which they can use to access different financial services including mobile top-ups, bill payments, and remittances.

 

NOW Money is backed by Anthemis Exponential Ventures, Knuru Capital, Wamda, Commercial Bank of Dubai, DIFC FinTech Fund and others. The company raised $7M in a new round on Mar 29, 2021. This brings NOW Money's total funding to $10.6M to date.

 

 

  • Year founded: 2016
  • Funding Info: $10.6M over 3 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Dubai
  • State: Dubai
  • Country: United Arab Emirates
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