Tagged: nium

April 7, 2023 @ 10:12 am By Omar Faridi  |  

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

March 29, 2023 @ 8:42 am By Omar Faridi  |  

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

March 16, 2023 @ 8:17 am By Omar Faridi  |  

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

February 13, 2023 @ 8:25 pm By Omar Faridi  |  

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

January 4, 2023 @ 8:44 am By Omar Faridi  |  

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

September 15, 2022 @ 3:13 pm By Omar Faridi  |  

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

July 3, 2022 @ 10:24 pm By Omar Faridi  |  

  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

June 22, 2022 @ 9:18 am By JD Alois  |  

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

April 7, 2022 @ 10:47 pm By Omar Faridi  |  

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

March 26, 2022 @ 8:28 pm By Omar Faridi  |  

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

March 17, 2022 @ 7:59 am By Omar Faridi  |  

Nium, an international firm focused on modern money movement, has introduced a new brokerage payments solution that provides financial institutions a quicker and more cost-effective method of “settling transactions to select U.S. brokerages enabling customers to easily invest in U.S. equities.” When compared to transactions… Read More

January 18, 2022 @ 10:41 pm By Omar Faridi  |  

If the world of payments has taught us “one thing,” it’s that “keeping up with the changes holds the power to keep both customers and business partners satisfied,” according to an update from Nium. Nium writes in a blog post that as more firms are… Read More

January 4, 2022 @ 11:22 am By Omar Faridi  |  

Nium, a company focused on payments and card issuance for businesses, notes that as they wrapped up 2021, they decided to take a look back at some of the key milestones.. 2021 was a year of many ‘firsts’ for Nium, the company wrote in a… Read More

November 26, 2021 @ 2:06 pm By Omar Faridi  |  

Global payments and card issuance platform Nium and Japanese payments firm, Queen Bee Capital (QBC) have teamed up to improve international transfer offerings for corporate and individual QBC clients across Japan. Through this partnership, QBC will leverage Nium’s advanced pay-out capability to offer real-time, cost-efficient,… Read More

November 7, 2021 @ 11:51 pm By Omar Faridi  |  

Krungsri (Bank of Ayudhya (PCL), one of Thailand’s biggest banks, has teamed up with global payments platform Nium in order to streamline their international transfer offerings for corporate and individual Krungsri clients. The partnership comes as research reveals that 82% of consumers in Thailand have… Read More

October 26, 2021 @ 9:35 pm By Omar Faridi  |  

Nium, a company focused on payments and card issuance for businesses, has launched a global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the US markets. Initial API-based elements from the new CaaS offering will enable financial institutions to “add… Read More

September 22, 2021 @ 7:37 am By Omar Faridi  |  

Nium and Weavr revealed on Monday (September 20, 2021) that they’ve formed a strategic partnership that should make Nium’s BaaS (Banking-as-a-Service) API suite accessible to Weavr’s clients. The BaaS solutions from Nium should allow them develop, deploy and run embedded banking services. Weavr aims to… Read More

July 27, 2021 @ 7:48 am By Omar Faridi  |  

Nium, an established B2B payments platform, reveals that they’ve acquired $200+ million through a Series D round that was led by Riverwood Capital – a U.S.-based “high-growth” technology investor. Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and various… Read More

July 10, 2021 @ 8:01 pm By Omar Faridi  |  

Nium, a global payments platform, reveals that it has entered a definitive agreement to acquire Wirecard Forex India Pte. Ltd, which serves as a foreign currency exchange, pre-paid card, and remittance service provider for Indian markets. Wirecard Forex has been licensed by the Reserve Bank… Read More

May 23, 2021 @ 8:47 pm By Omar Faridi  |  

Fintech businesses in Singapore have secured a total of SGD 656 million (appr. $492.8 million) in equity funding during Q1 2021. This figure represents a 355% increase from last year, according to a recent report from the Boston Consulting Group (BCG). The rise in Fintech… Read More