NymCard, a leading Banking-as-a-Service (BaaS) provider, has announced a strategic partnership with Faysal Bank Limited, one of Pakistan’s premier Islamic banks, to revolutionize the fintech landscape in the country.
Through this collaboration, NymCard and Faysal Bank will offer a cutting-edge BaaS platform, empowering fintech startups and businesses to seamlessly integrate financial services into their offerings. This initiative will enable faster scaling, increased efficiency, and greater accessibility to financial solutions for both consumers and enterprises.
Commenting on the partnership, Nabeel Ahmad, Country Manager Pakistan at NymCard, stated:
“We are making it easier for fintechs to bring their ideas to life. Partnering with Faysal Bank is a major step toward fostering financial innovation and accessibility in Pakistan.”
This marks the first-of-its-kind collaboration between a fintech enabler and an Islamic bank in Pakistan, opening up new opportunities for startups and companies looking to offer Shariah-compliant financial solutions. The partnership is set to drive the next wave of digital financial transformation in the country.
About NymCard
NymCard is a modern payment infrastructure provider, enabling fintechs, startups, and enterprises to launch and scale card programs efficiently.
About Faysal Bank Limited
Faysal Bank Limited is one of Pakistan’s leading Islamic banks, committed to providing innovative and Shariah-compliant financial solutions to individuals and businesses.