Nomod, a platform that makes it beautifully easy for merchants around the world to accept card payments on their phone with no extra hardware, has raised a $3.4 million seed round to accelerate growth.
Nomod was part of Y Combinator’s Summer 2021 batch, and investors in its seed round include Global Founders Capital, Kingsway Capital, Goodwater Capital, together with leading angels including one of the founders of Careem, an early employee from Dropbox, and a partner at DST Global.
The company launched in March 2021 and has gained traction across multiple markets, including the US, UK, and the UAE, has acquired over 4700 merchants, and total processed volume has grown 11x since launch.
