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NOW Money secures $4 million in an equity round led by Mark Nutter and Nicolas Andine for business expansion and technological advancements.

PRIVATEJun 12, 2024

Amount Raised

$4 Million

Round Type

Seed

DubaiFinancial Services

Investors

Nicolas AndineMark Nutter

Description

NOW Money, a Dubai-based inclusive banking and payroll FinTech, has closed a $4 million equity round for business expansion and technological advancements. The company plans to use the funds to scale its operations and enhance its technology product offerings, aiming to address the financial needs of underserved populations.

Quick answer

NOW Money raised $4 Million in a Seed round, dated June 12, 2024. Investors: Nicolas Andine and Mark Nutter. NOW Money is based in Dubai, Dubai, United Arab Emirates.

How much did NOW Money raise?
NOW Money raised $4 Million in a Seed round on June 12, 2024.
Who invested in NOW Money?
Nicolas Andine and Mark Nutter are named as investors in this round.
What does NOW Money do?
NOW Money is a FinTech company based in Dubai which operates across the United Arab Emirates in partnership with the Commercial Bank of Dubai and VISA.
Where is NOW Money based and how big is it?
NOW Money is based in Dubai, Dubai, United Arab Emirates.
Who are the decision-makers at NOW Money?
Fundz holds 1 contact at NOW Money. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as NOW Money that raised within 45 days of this round, from Fundz verified event records.

  • Stable Money raised $15M (Series A) on July 26, 2024.
  • Pacific Life raised $998K on July 26, 2024.
  • Primary Portal raised $9.6M (Series A) on July 26, 2024.
  • Revi R Therapeutics raised $30M (Series A) on July 26, 2024.
  • Strive Enterprises raised $30M (Series B) on July 26, 2024.
  • Pacific Life raised $5M on July 26, 2024.

Who to call at NOW Money, and when

A new round usually means NOW Money is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day NOW Money raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at NOW Money, from your own LinkedIn network

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Company Information

Company

NOW Money

Location

Dubai, Dubai, United Arab Emirates

About

NOW Money is a FinTech company based in Dubai which operates across the United Arab Emirates in partnership with the Commercial Bank of Dubai and VISA. 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 free 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.

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NOW Money raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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