A bold investmentFinTech

NOW Money Secures $4 Million in Equity Funding

Dubai-based NOW Money has successfully closed a $4 million equity funding round. This marks the completion of the company’s second funding round since it was acquired by Mark Nutter and Nicolas Andine in 2023.

NOW Money, a leading FinTech firm dedicated to inclusive banking and payroll services, focuses on providing safe and secure digital banking solutions for low-income workers in the Gulf Cooperation Council (GCC) region.

The newly raised funds will be utilized to scale up its operations and enhance its technological product offerings.

As the need for accessible and affordable banking services and financial education continues to grow, NOW Money remains dedicated to bridging the financial inclusion gap for low-income migrant workers across GCC countries.

“We are thrilled to have secured this investment, which underscores the confidence in NOW Money’s vision and its potential for positive socio-economic impact,” stated Nicolas Andine, CEO of NOW Money.

“This funding will be crucial in accelerating our growth, fostering innovation, and advancing our mission of financial inclusion.

With the support of our investors, we are poised to make significant strides in expanding our reach and enhancing the accessibility of banking services for low-income individuals in the GCC region.”

NOW Money is recognized for its innovative and transparent approach to addressing the financial needs of underserved populations.

Utilizing cutting-edge technology, the company provides migrant workers with access to essential banking services such as remittances, bill payments, and savings accounts, all through a user-friendly mobile application available in multiple languages.

The company also offers in-person financial literacy training, underscoring its commitment to delivering safe and secure financial education to the most vulnerable in the region.

“We believe in the transformative potential of NOW Money’s innovative approach to financial inclusion,” said a representative from the undisclosed investor.

“We are excited to partner with NOW Money on their journey to empower underserved communities with access to essential financial services.


This investment reflects our confidence in NOW Money’s ability to drive positive change and create lasting impact.”

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