NowMoney

The responsible way for employers to pay their people

Dubai, United Arab Emirates · Founded 2016 · $13.2M raised

Headquarters
Dubai
Employees
11–50
Founded
2016
Business Model
B2C
Total Funding
$13.2M
Last Round
$4.0M Venture Round
Rounds
4

About

NOW Money is the UAE's first digital payroll and mobile banking service built specifically for businesses employing low-income workers. The platform enables employers to pay employees quickly and securely while ensuring compliance with UAE payroll regulations including the Wage Protection System (WPS). Employees receive access to inclusive digital banking services — mobile accounts, salary advances, and financial literacy tools — without needing a traditional bank relationship. NOW Money helps businesses improve ESG credentials, boost employer brand, and reduce payroll operational costs, while giving workers access to earned wage access, cross-border remittances, and digital financial tools previously unavailable to them.

Summary

NowMoney is a Banking company based in Dubai, United Arab Emirates, founded in 2016. It has raised $13.2M in total across 4 rounds. Investors include Accion Venture Lab, Anthemis Exponential Ventures and Knuru Capital.

Tech & App Stack

9 technologies & apps tracked

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Funding History

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Venture RoundVenture Round
$4.0M

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Investors

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