Case Study: Boubyan Bank Group launches Nomo, a digital-only Islamic bank in under 9 months with NearForm

Boubyan Bank Group launches Nomo in under 9 months with NearForm

Boubyan Bank Group sought to address the challenge faced by Kuwaiti citizens who were unable to access Sharia-compliant digital banking services while abroad. They aimed to build Nomo, the world's first completely digital international Islamic bank, but required expert assistance to develop it from scratch. They enlisted Nearform for its engineering excellence to help create the robust and scalable digital applications needed.

Nearform provided backend and frontend engineering to build Nomo's core applications, including a mobile-first onboarding system and a secure payments integration. They implemented serverless infrastructure to ensure scalability and a faster time to market. The digital bank launched in under nine months, receiving over 4,000 account applications within 48 hours. Nearform's work provided the foundation for Nomo's pioneering customer experience and future innovation.

Boubyan Bank Group