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Press Release: Fastercapital Adds Nova To Equitypilot To Address Fragmented Finance
(MENAFN- Mid-East Info) Summary: FasterCapital today announced that Nova is joining EquityPilot, the firm's execution-focused support program, to refine and accelerate a crypto-native neobank experience designed...
Saudi Arabia & Dubai, UAE FasterCapital today announced that Nova is joining EquityPilot, the firm's execution-focused support program, to refine and accelerate a crypto-native neobank experience designed for everyday use. The collaboration targets product execution, regulatory readiness, and initial go-to-market activities centered in the MENA region. FasterCapital and EquityPilot will concentrate on the first 30–60 days of work to define immediate product milestones, strengthen compliance readiness, and connect Nova with regional partners and payments infrastructure. Why It Matters? Fragmented finance where traditional banks do not support crypto and crypto platforms struggle with everyday spending has left users unable to move funds fluidly between savings, spending, and cross-border payments. This market backdrop has increased demand for integrated accounts that hold fiat and crypto side-by-side and enable instant conversion and spending with familiar rails and card acceptance. What the Startup Delivers? Nova is building a crypto-native neobank that places fiat and crypto balances in a single account, enabling instant conversion at point of sale, contact-based payments, and simple global transfers via identifiers such as email, username, or QR code. The product emphasizes user modes for simplicity and advanced control, institutional-grade custody through regulated partners, and privacy-first data handling. Why Now? Timing Institutional crypto infrastructure and clearer regulatory frameworks in target jurisdictions have reduced technical and compliance barriers to mainstream products that blend digital assets with everyday financial services. Nova's focus on a market hub in the MENA region aligns with rising demand for cross-border payment solutions and fintech innovation corridors. What FasterCapital Will Provide? FasterCapital Support Scope – Hands-on execution guidance to translate Nova's product roadmap into prioritized milestones – Fundraising readiness support and refinement of investor materials without implying guaranteed outcomes – Introductions to ecosystem stakeholders, including payment rails and regional compliance partners – Operational advice on user onboarding flows and anti-fraud controls – Mentorship to sharpen go-to-market messaging tailored to cross-border use cases Program Plan (First 30–60 Days) Execution Plan Initial work will focus on validating core flows: account funding via local rails, crypto-to-fiat conversion at checkout, and card issuance processes for virtual cards. Compliance checkpoints and partner integrations will be prioritized to reduce operational risk and to prepare for controlled pilot launches in target corridors. Leadership Comment “Hesham Zreik, Founder and CEO of FasterCapital, said: 'We're excited to support Nova through EquityPilot. Our team will focus on execution milestones and connecting the startup with the right ecosystem stakeholders.'” Founder background Nova was founded by Basshar Okal, who leads product and vision for a team drawn from payments, fintech, and crypto operations. The founding team emphasizes user-first experiences that reduce friction between asset custody and real-world spending. Ecosystem relevance Regional Fit Abu Dhabi and the broader MENA region are highlighted as strategic bases for cross-border payments and fintech innovation. Nova aims to leverage regulatory openness and established payment corridors connecting Europe, Asia, and Africa to pilot its unified account offering. Next 90 Days 90-Day Outlook Over the coming quarter Nova and FasterCapital will complete integration proofs of concept, finalize compliance pathways with regulated custody partners, and prepare pilot user cohorts to test card spending and instant conversion flows in selected corridors. About Nova Nova is a crypto-native neobank that unifies fiat and digital assets in a single account to enable instant spending, global transfers, and simplified crypto-fiat conversions. Nova operates with regulated custody partners and a privacy-first approach. About FasterCapital FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
Saudi Arabia & Dubai, UAE FasterCapital today announced that Nova is joining EquityPilot, the firm's execution-focused support program, to refine and accelerate a crypto-native neobank experience designed for everyday use. The collaboration targets product execution, regulatory readiness, and initial go-to-market activities centered in the MENA region. FasterCapital and EquityPilot will concentrate on the first 30–60 days of work to define immediate product milestones, strengthen compliance readiness, and connect Nova with regional partners and payments infrastructure. Why It Matters? Fragmented finance where traditional banks do not support crypto and crypto platforms struggle with everyday spending has left users unable to move funds fluidly between savings, spending, and cross-border payments. This market backdrop has increased demand for integrated accounts that hold fiat and crypto side-by-side and enable instant conversion and spending with familiar rails and card acceptance. What the Startup Delivers? Nova is building a crypto-native neobank that places fiat and crypto balances in a single account, enabling instant conversion at point of sale, contact-based payments, and simple global transfers via identifiers such as email, username, or QR code. The product emphasizes user modes for simplicity and advanced control, institutional-grade custody through regulated partners, and privacy-first data handling. Why Now? Timing Institutional crypto infrastructure and clearer regulatory frameworks in target jurisdictions have reduced technical and compliance barriers to mainstream products that blend digital assets with everyday financial services. Nova's focus on a market hub in the MENA region aligns with rising demand for cross-border payment solutions and fintech innovation corridors. What FasterCapital Will Provide? FasterCapital Support Scope – Hands-on execution guidance to translate Nova's product roadmap into prioritized milestones – Fundraising readiness support and refinement of investor materials without implying guaranteed outcomes – Introductions to ecosystem stakeholders, including payment rails and regional compliance partners – Operational advice on user onboarding flows and anti-fraud controls – Mentorship to sharpen go-to-market messaging tailored to cross-border use cases Program Plan (First 30–60 Days) Execution Plan Initial work will focus on validating core flows: account funding via local rails, crypto-to-fiat conversion at checkout, and card issuance processes for virtual cards. Compliance checkpoints and partner integrations will be prioritized to reduce operational risk and to prepare for controlled pilot launches in target corridors. Leadership Comment “Hesham Zreik, Founder and CEO of FasterCapital, said: 'We're excited to support Nova through EquityPilot. Our team will focus on execution milestones and connecting the startup with the right ecosystem stakeholders.'” Founder background Nova was founded by Basshar Okal, who leads product and vision for a team drawn from payments, fintech, and crypto operations. The founding team emphasizes user-first experiences that reduce friction between asset custody and real-world spending. Ecosystem relevance Regional Fit Abu Dhabi and the broader MENA region are highlighted as strategic bases for cross-border payments and fintech innovation. Nova aims to leverage regulatory openness and established payment corridors connecting Europe, Asia, and Africa to pilot its unified account offering. Next 90 Days 90-Day Outlook Over the coming quarter Nova and FasterCapital will complete integration proofs of concept, finalize compliance pathways with regulated custody partners, and prepare pilot user cohorts to test card spending and instant conversion flows in selected corridors. About Nova Nova is a crypto-native neobank that unifies fiat and digital assets in a single account to enable instant spending, global transfers, and simplified crypto-fiat conversions. Nova operates with regulated custody partners and a privacy-first approach. About FasterCapital FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
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