Nomod

Nomod lets small businesses accept card payments with nothing more than a smartphone: tap-to-pay on the phone itself, plus payment links shared over WhatsApp and other channels that support cards, digital wallets and buy-now-pay-later. It charges per-transaction fees starting at 2.37% + AED 0.80 with no monthly fee, offers same-day payouts under a paid membership, and reports more than 58,000 businesses using it in the UAE. Founded in Dubai in 2019 by Omar Kassim, Nomod went through Y Combinator's Summer 2021 batch and raised a $3.4 million seed round at a $50 million valuation from Y Combinator, Global Founders Capital, Kingsway Capital and Goodwater Capital.