Pemo UAE
UAE spend-management platform and agent for NymCard-issued corporate prepaid cards
Pemo provides UAE businesses with spend management and physical and virtual prepaid corporate cards. Current terms identify NymCard Payment Services as the regulated issuer and Pemo as its agent and online-services provider; safeguarded card funds are held in a client pool account with Mashreq Bank. Pemo is a fintech platform, not a bank, deposit taker, direct card issuer, cryptocurrency exchange, or virtual-asset custodian.