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NOW Money profile

Who owns NOW Money?

traditional · Dubai, AE · E-money institution · custody: Custodial

short answerNOW Money is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

Is NOW Money a licensed bank?

No — it is an e-money institution. Licence detail: E-money institution / Stored Value Facility licence (Central Bank of UAE); funds safeguarded at UAE banks incl. CBI.

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for NOW Money yet. Know one? Suggest it.

Who's behind NOW Money?

NOW Money was founded by Katharine Budd, Ian Dillon (2016), headquartered in Dubai, AE.

Is my money safe with NOW Money?

As an e-money institution, NOW Money safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full NOW Money profile with every verified field, or NOW Money alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.