Nium, a global financial technology infrastructure platform, announced on Tuesday it is expanding its services into Africa. According to Nium, the expansion will be led by newly appointed executive Dana Nino (Senior Vice President for Global Growth, Customer Success, and Partnerships) and will be supported by Kenya-based Clara Wanjiku Odero (Vice President, Partnerships and Growth, Middle East and Africa).
Based in California and with more than fifteen years of experience in the global payments space, Nino will be leading global Growth, Customer Success, and Solutions teams to drive overall growth, retention, and success of Nium’s clients. Wanjiku Odero, who is based in Nairobi, Kenya, will closely support Nino in building Nium’s channel partnerships across Africa and the Middle East to expand the company’s global payments presence.
Nium explained that its expansion into Africa will play a key role in its broader mission to drive business productivity and cost efficiency using fintech. Speaking about the appointments and expansion, Prajit Nanu, Co-founder and CEO of Nium stated:
“Africa has long been an untapped region for Nium. This expansion, along with two new additions to our global team, represents an important milestone for us as we continue to drive global growth and partnerships.”
Founded in 2015, Nium (originally InstaReM) was launched to improve the cross-border payments experience for consumers in the APAC region. It has since expanded and scaled its offerings to meet the needs of SMEs, financial institutions, enterprises, and other payment service providers. Nium added it currently operates its Send, Spend and Receive business in over 100 countries, 65 in real-time.