BaaS ProviderActiveEst. 2016
NOW Money
AE · Dubai · CBUAE (Payment Services Provider license)
NOW Money is a BaaS Provider based in AE (Dubai), regulated by CBUAE (Payment Services Provider license). The institution operates an active Banking-as-a-Service program, launched in 2016.
NOW Money supports the following products and services: Accounts, Payments, Cards, Payroll. The bank serves customers across UAE, expanding to GCC.
Notable fintech partners include Commercial Bank of Dubai, Visa, Anthemis Group (investor).
Profile
- Products Supported
- AccountsPaymentsCardsPayroll
- Geographies Served
- UAE, expanding to GCC
- Charter / Regulator
- CBUAE (Payment Services Provider license)
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2016
Notable Fintech Partners
Commercial Bank of Dubai, Visa, Anthemis Group (investor)
Regulatory Actions Summary
None confirmed active
Notes
Financial inclusion focused — serves underbanked migrant workers in GCC. B2B2C model via employers.
510+ employer clients. Closed $4M equity round in 2024.
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