Zywa
Zywa, based in Dubai, is a fintech company specializing in payments, offering a platform and card services tailored for Gen Z in the Middle East and North Africa. It focuses on secure money management, savings, and spending for teenagers, featuring rewards and parental control options.
Zywa Services
Zywa offers a variety of financial services aimed at Gen Z, including a payments app and card that enable users under the age of 25 to spend, receive, and manage money securely. Zywa allows instant money transfers and helps users create and track savings goals. The platform also offers rewards on purchases made at popular brands like Starbucks, Zara, and Bershka. Additionally, it empowers parents to manage their children's finances by providing them with their own card. Zywa fosters a community around lifestyle interests such as fashion, art, entrepreneurship, music, and gaming.
Zywa Founders
The specific names and backgrounds of the founders of Zywa have not been provided. However, the company is characterized by its innovative approach to providing financial services tailored for Gen Z, particularly teenagers in the Middle East and North Africa.
Zywa Product Offerings
Zywa's primary products include a payments app and accompanying card designed for users under 25. These tools facilitate the secure spending, receiving, and management of money. The platform provides features such as instant money transfers, the ability to set and track savings goals, and rewards for spending at popular brands. The platform also enables parents to monitor and manage their teens' financial activities.
Zywa Industry and Sector
Zywa operates within the fintech industry, specifically focusing on payments. The company is recognized as the first neobank tailored for teenagers in the Middle East and North Africa. Zywa's services are aimed at the next generation, offering financial tools and a community space for lifestyle interests.
Zywa History and Recognition
Zywa is an emerging fintech company based in Dubai, United Arab Emirates, and is a part of the Y Combinator W22 batch. Despite being in the early stages of development, the company has gained significant attention and has been featured in various respected publications including Forbes Middle East, Wired, TechCrunch, The National News, Gulf News, Entrepreneur Al Arabiya, Khaleej Times, Yahoo Finance, LinkedIn, and Fortune Arabia. Zywa's account and card are issued by Nymcard Payments Services LLC, licensed by Mastercard, and authorized by the Central Bank of UAE.
