NOW Money

📍 Dubai, United Arab Emirates🗓 Founded 2016👥 53 employees💰 Last funded Jul 2023
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. In 2016, our co-founders, Katharine Budd and Ian Dillon, realised the opportunity to bank the GCC’s unbanked population, by developing a service that removes the stress of financial services for everyone involved – employees, employers, and banks - and they re-designed the wider financial ecosystem.
5
Total investors
0
Early stage
4
Mid stage
1
Late stage
2016
Founded
Investor geography3 countries
United Kingdom
2
United Arab Emirates
2
Saudi Arabia
1
Investor activity2019–2023 · investors recorded per year
201912021320231
Recent (last 2y)Earlier
Frequently asked questions
Who invested in NOW Money?
NOW Money has 5 investors on record on gritt.io, 4 mid-stage and 1 late-stage investors.
When did NOW Money last raise funding?
The most recent investment in NOW Money recorded on gritt.io was in July 2023.
When was NOW Money founded?
NOW Money was founded in 2016.
What industry is NOW Money in?
NOW Money operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is NOW Money based?
NOW Money is headquartered in Dubai, United Arab Emirates.