Zywa

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Prepaid payment card and gamified banking app for Gen Z (ages 11-25) with parental controls

Dubai, UAEFounded 2021

Fintech

Seed$30M

Teen-focused neobank: a prepaid card and gamified, community-based app that let 11-25-year-olds in the UAE go cashless, with parental top-ups and spending oversight, rewards and financial-literacy content. Founded 2021 by Alok Kumar and Nuha Hashem, backed by Y Combinator (W22), it raised a $1m pre-seed and a $3m seed in 2022 at a valuation above AED 110m, then shut down; the founders pivoted to Cozmo AI in San Francisco.

Founders

Alok Kumar

Co-Founder & CEO

Nuha Hashem

Co-Founder & CTO

Funding Rounds

SeedAug 2022

$3M

Investors: Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC

Investors: Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC.

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