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Nymcard CEO and Founder Omar Onsi Discusses Banking-as-a-Service and the MENA Fintech Ecosystem

Mark Walker, the Editorial Director of The Fintech Times sat down with Omar Onsi, CEO and Founder and NymCard to discuss their Banking as a Service (BaaS) platform and the MENA fintech ecosystem as a whole.

Omar has been a tech entrepreneur for over 20 years and founded NymCard in 2018 to solve the problems posed by legacy systems, offering a modern payment issuing and processing platform to start-ups, banks, fintech and large enterprises in the MENA region.

In this interview, Mark and Omar discuss BaaS in the MENA region, B2C vs B2B considerations and the challenges of navigating the MENA fintech ecosystem. Omar also gives insight into the key trends in the region, such as the regions regulatory shift, particularly in terms of the core banks involved, with a huge boom in the interest and investment in fintech. Finally, the pair discuss NymCard’s ambitions for the future and the key priorities the company is working on this year to innovate within the space.

To watch the interview in full click here.

Author

  • Polly is a journalist, content creator and general opinion holder from North Wales. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity.

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