YC-Backed Zywa Raises $3 million Seed Round

Zywa (YC W22), the first neobank for Gen Z in the Middle East and North Africa, has raised a $3 million seed round...

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Gen Zs in the UAE spend about $1 billion a year and still rely on cash or their parents’ cards,..

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despite having options like supplementary cards issued by their parents’ banks...

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Zywa adds value to these options, which provide access to digital payments, but they are not specifically designed for Gen Z.

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Founded in 2021 by Alok Kumar and Nuha Hashem.

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