Tagged: nium

Nium, the Enabler of Real-Time Payments, Obtains In Principle Approval from RBI for Payment Licences

Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More

Fintech Nium, Jeonbuk Bank to Introduce Global Remittance Service

Nium, the firm enabling real-time global payments, and Jeonbuk Bank (JB Bank), aSouth Korean financial institution, have announced a partnership. Together, they will offer the country’s first global remittance service “targeted at the 2.5 million non-Korean residents that live in South Korea.” The service will… Read More

Nium Celebrates New Roster of FX Tools

Nium, a provider of real-time global payments, today announced Nium Global FX, a product it says allows for guaranteed and competitive FX rates. This includes the ability to lock and hold an FX rate for up to 24 hours and settle FX conversions on a… Read More

Real-Time Payments Fintech Nium Expands B2B Travel Offering in Asia Pacific

Nium, the real-time global payments provider, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, “building on rising demand for its virtual card solution offering globally.” Travel intermediaries and operators use Nium’s virtual card solution “to efficiently pay suppliers around the… Read More

Payments Fintech Nium Opens New Europe HQ in London

Global payments fintech player Nium has inaugurated its European headquarters in London, signifying its robust commitment to enhancing its European presence and recognizing the UK as a paramount fintech nexus. Originally founded in Singapore in 2014, Nium has revolutionized the manner in which businesses facilitate… Read More

Fintech Nium, ICC Ask Cricket Enthusiasts, Technologists to Participate in Innovation-focused Initiative

The International Cricket Council (ICC), together with official fintech infrastructure partner and real-time global payments platform, Nium, invited all cricket-loving technologists to enhance the world of cricket through innovation as part of the second edition of the Next In hackathon. The “Next In” hackathon is… Read More

Fintech Firm Nium Announces 2022 Net Revenue Grew 2.7x YoY to $82M

Nium, which claims to be the leader in real-time global payments, has published its 2022 audit, “showing US$82M in net revenue which grew 2.7x YoY and ended at more than $100M net revenue run rate.” Nium says it is Singapore’s first global Fintech “focused on… Read More

Global Payments Fintech Nium Establishes Singapore Headquarters, Announces US IPO Plans

Nium, which claims to be the leader in real-time global payments, recently announced the opening of its new headquarters in Singapore. The ceremony was officiated by Mr. Heng Swee Keat, Deputy Prime Minister of Singapore. The new facility, located strategically at Capital Tower in the… Read More

Fintech Nium Enhances Global Payroll Payments Solution, Provides Transparent Foreign Exchange (FX) Rates

Nium, the firm focused on real-time global payments, has enhanced its market-leading payroll payments solution to support the complex needs of payroll platforms worldwide. Nium’s payroll solution “simplifies global growth for a majority of payroll platforms, including Panther, a provider of global employment, payroll, benefits,… Read More

Global Fintech Nium Appoints Anupam Pahuja as EVP, GM of Asia Pacific, MENA Region

Nium, the global payments infrastructure for the on-demand economy, announced the appointment of Anupam Pahuja to EVP and General Manager of Asia Pacific, MENA. Pahuja will “build on Nium’s success in Southeast Asia, where the fintech unicorn was founded, and will quickly expand Nium’s presence… Read More

Fintech Nium Appoints Payments Professional Volker Steinle as SVP, GM Americas

Nium, the global payments infrastructure for on-demand money movement, announced the appointment of Volker Steinle as Senior Vice President and General Manager, Americas. Steinle will be responsible “for accelerating sales and revenue growth in the region, building an exceptional go-to-market team, and engaging customers and… Read More

Fintechs CellPoint Digital, Nium to Offer Merchants Frictionless Payments

CellPoint Digital, which claims to be the global leader in Payment Orchestration, has announced a new partnership with Nium, the global platform for on-demand money movement. Through this integration, CellPoint Digital and Nium will “offer merchants a frictionless, optimised end-to-end money movement process.” Payments systems… Read More

Travel Ledger, Fintech Nium to Expand B2B Settlement Capabilities for Travel-focused Businesses

Nium, a global transfers and payments Fintech, and Travel Ledger, a B2B settlement network for the travel industry, have announced a strategic agreement to bring innovative payments solutions to travel businesses worldwide. Nium’s single platform for global payments and card issuing provides banks, fintechs, payment… Read More

Fintech Nium Expands Payments Platform with ‘Zero-Deduction’ Wire Transfers for Payroll

Nium expands its payments platform with ‘zero-Deduction’ wire transfers for payroll and procurement. Nium’s enhanced offering includes: Zero-Deduction fee structures, allowing no-limit ‘zero-deduction’ wire transfers through OUR, or shared costs through SHA structures; Payouts via wire transfers in 7 major global currencies, including USD, EUR,… Read More

Digital Payments Platform Paycell Teams Up with Nium for International Money Transfers

Paycell, Türkiye’s next-generation digital payment platform, announced a strategic partnership with Nium, the platform for global money movement, to offer international money transfers from account to account using Nium’s leading business payments infrastructure. The partnership “makes life easier for Paycell users to perform fast, safe,… Read More

Fintech PayQuicker Introduces Payouts OS, a Global Payouts-as-a-Service Platform

PayQuicker, an financial technology platform focused on the global payouts market, announces the launch of Payouts OS. Payouts OS packages PayQuicker’s trusted, “time-tested” technology into “a first in-market payouts-as-a-service platform that meets the needs of gig economy workers and small to medium-sized businesses across a… Read More

Crypto Jobs Report: Circle, Kraken, CoinDCX, Nium Looking to Hire New Talent

  Analysis of online jobs data has found that digital currency exchange Kraken is “leading” the crypto recruitment charge. The company is looking “to fill over 650 new positions in the past week in the UK and United States.” Further analysis shows that Jack Dorsey’s… Read More

Payments Platform Nium Partners with Stellar

Nium has partnered with the Stellar Development Foundation (SDF), a non-profit that supports the growth of public blockchain Stellar, to enable payouts to 190 countries. According to Nium by leveraging Stellar the payments and transfers improve upon the traditional correspondent banking system. Joaquin Auyso, Head… Read More

Fintech Nium Adds Crypto Payment Acceptance to Embedded Crypto Services for Businesses

At BITCOIN 2022, Nium, the global platform for modern money movement, introduced Crypto Accept, an API-based solution that “enables global businesses to accept crypto payments.” Nium Crypto Accept “supports Bitcoin (BTC) and Ethereum (ETH) payments at launch, with plans for more currencies in 2023.”: Online… Read More

Fintech Nium Appoints Dylan Lowrey as General Counsel

Nium, the modern platform for international money movement, recently announced the appointment of Dylan Lowrey, to General Counsel. Lowrey joined Nium last year as Head of Regulatory Affairs and Product Law and has “helped the company launch new services in complex emerging markets, while expanding… Read More