Tagged: nium

Global Fintech Infrastructure Platform Nium Announces Expansion into Africa With New Executive Appointments

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… Read More

U.S. Neobank Unifimoney Teams Up With Nium to Provide International Remittance Capability

Nium, a global fintech infrastructure platform, announced on Tuesday it has formed a partnership with U.S. neobank Unifimoney to enhance the outbound money transfer experience for Unifimoney users. Nium further revealed that the collaboration will expand Unifimoney’s capabilities, as well as introduce real-time global payment… Read More

Payments Platform Nium Teams Up with Neobank Aspire to Enable Google Pay

Singapore-based payments platform Nium has partnered with Aspire, a neobank for businesses, in order to enable payments with Google Pay. Aspire claims that it’s the first business neobank to launch in Southeast Asia. The company announced its plans to go “plastic-less” by issuing corporate Visa… Read More

Singapore Based Fintech Nium Recieves UK Electronic Money Institution License

Nium, a Fintech payments platform, has received an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA) to issue e-money and provide cross-border digital payment services in the UK. Nium, based in Singapore, currently offers services in many different countries and reports… Read More

Singapore based Payments Platform Nium Expands into Latin America with via Partnership with Teledolar

Nium, a payments Fintech based in Singapore, has announced a partnership with Teledolar in Costa Rica thus entering the Latin American market. Nium states that its expansion in LatAm will help Fintechs, banks and financial institutions digitize their solutions. Through the partnership with Teledolar, customers… Read More

InstaReM Collaborates with SBM Bank India on Remittances

InstaReM, part of Nium, has partnered with SBM Bank India on outbound remittances from India. InstaReM says it will work closely with SBM Bank India as its licensed banking partner to facilitate international money transfers from India. As shared in a release, SBM Bank India… Read More

Global Fintech Nium Announces Expansion of Visa Card Issuance Service in Europe

Global fintech platform Nium (formerly known as InstaReM) announced on Tuesday it has expanded Visa Card insurance service in Europe. This news comes just after Nium announced similar services in Australia. Founded in 2015 as InstaReM, Nium is on a mission to improve the cross-border… Read More

InstaReM Launches “BizPay” Solution for SMEs in Australia

InstaReM, a payments Fintech that is part of Nium, has launched BizPay in Australia. The service is designed to assist SMEs by converting credit cards into working capital. The announcement comes soon after the same product launched in Singapore in June. InstaReM believes that SMEs… Read More

New Service by InstaReM Converts Corporate Cards Into Working Capital

InstaReM has announced a new service that helps SMEs in Singapore with their cash flow. The service termed BizPay, utilizes credit limits in corporate cards and converts them into working capital, according to a release from the company. InstaReM, the consumer and SME brand that… Read More

Qatar Fintech Hub to Support Global Financial Services Providers with Establishing Operations in Middle Eastern Country

The Qatar Fintech Hub (QFTH), co-founded by Qatar Development Bank (QDB), is planning to encourage and support multinational Fintech firms to establish operations in the Middle Eastern country. The QFTH noted during a recent meeting that it’s working with several global Fintech hubs. The organization’s… Read More

Fintech Nium Partners with Visa to Offer Cards in Australia

Nium, a Singapore based Fintech platform, has become a Visa issuer in Australia due to its partnership in Visa’s Fintech Fast Track program. In a release, Nium explained that it will be able to provide end-to-end issuing, processing, and onboarding services, and shorten the lead… Read More

Fintech Firm Nium Acquires Additional Funding from Visa, BRI Ventures, GSR Ventures, Vertex Ventures, Others

Fintech firm Nium revealed on May 5, 2020 that it had managed to secure a new round of equity funding. The company’s round received contributions from new investors BRI Inventures, the corporate venture division of Bank BRI of Indonesia, and payments giant Visa. Nium’s latest… Read More

InstaReM Adds “e-KYC” Service in Malaysia

Payments and transfer Fintech InstaReM, part of the  NIUM payments platform, has added an electronic-Know Your Customer or “e-KYC”. InstaReM’s e-KYC eliminates the need for in-person checks. The service is now available in Malaysia has enabled by the central bank the Bank Negara Malaysia (BNM)…. Read More

Nium Adds Cambodias PhillipBank as Cross Border Payment Partner

Nium, previously operating as InstaReM, has enlisted another partner. Today, Nium has announced an agreement with PhillipBank in Cambodia to provide digital cross border payments for enterprises and financial institutions. Prajit Nanu, co-founder and CEO of Nium said they are delighted to be working together… Read More

Payments Platform NIUM Partners with Brazilian Foreign Exchange Broker Frente Corretora de Câmbio

NIUM, a digital payments platform based in Singapore formerly operating as InstaReM, has partnered with Frente Corretora de Câmbio, a leading foreign exchange broker in Brazil. NIUM will power Frente’s cross border payments, according to a release. The move as a significant step for NIUMs… Read More

NIUM, formerly InstaReM, Expands into Indonesia

The recently-rebranded NIUM, formerly InstaReM, has received the Fund Transfers license from the Bank Indonesia and will now offer cross border digital payments. NIUM’s Indonesian operations will be headed by Vadyo Munaan, who comes with experience in financial services and payments industry at organizations including… Read More

Payments Fintech InstaReM Rebrands as “Nium”

InstaReM, a fast-growing payments Fintech, is rebranding as “Nium.” The InstaReM brand will be maintained as a remittance platform powered by Nium which is being positioned as the “first global payments platform to enable businesses to send, spend and receive money from around the world.”… Read More

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