This week The BIG5D Podcast talks to Katharine Budd about NOW Money, the Dubai-based company she co-founded in 2016.
Kat, a former data analyst and banking executive, launched NOW Money in 2016 with her former university classmate Ian Dillon, who was working as an investment banker in Dubai.
The BIG5D Podcast · Episode 15: Katharine Budd, NOW Money
Kat and Ian saw a huge opportunity in helping the overwhelming number of migrant workers in the Gulf region gain access to banking services. And in the process of giving migrant workers access to financial services, NOW Money gains the ability to earn fees off of the Gulf region’s enormous outbound remittances market.
Earlier this year, NOW Money raised a $7 million funding round led by Anthemis Exponential Ventures to fuel its expansion throughout the Gulf region.
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