Powering the On-Demand Economy.

At Nium, we operate at the intersection of an increasingly interconnected world, where the traditional finance industry has been disrupted, and on-demand is in demand. Our payments infrastructure is leading a transformation in payments, enabling anyone, anywhere to make and receive payments instantly, regardless of the location or currency.

Latest company news

News · 2 days ago
CNBC Names Nium Among World’s Top Fintech Companies 2024

Nium, the global leader in real-time cross-border payments, has been named to the prestigious ‘World’s Top Fintech Companies 2024’ list by CNBC.

News · 3 weeks ago
Nium and Air France-KLM Take Off to Power Airline Payments

Nium, the global leader in real-time global payments, today announced a collaboration with Air France and KLM to power “closed loop” electronic payments between the airlines and selected travel agents.

News · 1 month ago
Remote and Nium Join Forces to Power Global Workforces with Real-time Cross-border Payments

Remote, the leading global HR platform for distributed companies, has selected Nium, the global leader in real-time cross-border payments, to enhance its international payroll capabilities.

News · 1 month ago
Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure

Nium, the global leader in real-time cross-border payments, today announced it has raised US$50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the company at US$1.4 billion

News · 1 month ago
Nium Expands Cross-Border Payments Platform to Serve Global Marketplaces

Nium, the global leader in real-time cross-border payments, today announced the expansion of its platform to serve the multi-trillion-dollar global marketplace opportunity.

News · 1 month ago
Online Travel Leader, HappyEasyGo, Selects Nium for Virtual Card Payments

Nium, the global leader in real-time cross-border payments, announced today that HappyEasyGo, a leading online travel agency, has selected it for virtual card payments.

News · 2 months ago
Emirates NBD and Nium join forces to transform global cross-border payments in the Middle East

Nium, the global leader in real-time cross-border payments, today announced a partnership with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, to empower customers with a cutting-edge global payments solution.

News · 2 months ago
Borderless AI and Nium Transform Employer of Record Business with Real-Time Cross-Border Payments

Strategic alliance between Nium and Borderless AI will allow for employers to seamlessly pay employees and contractors in 100 currencies across more than 190 countries

News · 2 months ago
Nium Expands Regional Footprint in Asia; Signs Partnership MOU with Indonesian Payments Infrastructure Leader, Artajasa

Nium announces global payments expansion in Indonesia; adds to recent successes in Korea and Thailand

News · 2 months ago
Nium Approved as a Registered Financial Service Provider in New Zealand

Nium, the global leader in real-time, cross-border payments, today announced it is now registered as a Financial Services Provider in New Zealand.

News · 3 months ago
Jeremiah Glodoveza, Nium’s Global Head of Marketing and Communications, named one of “Fintech’s 30 Most Influential Marketers for 2024”

The Fintech Marketing Hub, in partnership with Innovate Finance, released its 4th edition of “Fintech’s 30 Most Influential Marketers.” The list celebrates marketing excellence and innovation, with honorees from globally renowned fintech brands.  

News · 3 months ago
Scott Dunn selects Nium to improve hotel cash flow management with virtual card payments

Nium, the leader in real-time cross-border payments, today announced its partnership with luxury tour operator Scott Dunn to issue virtual cards to its global network of hotel providers. 

News · 3 months ago
Australia's Leading Spend Management Platform Weel Partners with Nium and Visa to Accelerate Global Growth and Customer Offering

Weel’s partnerships with Nium and Visa provides a strong foundation for Weel to take its highly successful product offering to overseas markets. Nium’s end-to-end solution and licensing in over 40 markets, coupled with Visa’s acceptance in over 200 markets, will enable Weel to pursue a faster go-to-

News · 4 months ago
Secret Escapes Chooses Nium to Enhance Payment Experience for Hotels

Nium, the leader in real-time cross-border payments, today announced its partnership with Secret Escapes, one of the world’s leading luxury travel and experiences companies, to deliver enhanced payment services for its global network of hotel partners.

News · 4 months ago
Nium Becomes First Global Fintech to Secure Coveted Type 1 Funds Transfer License from Japan’s Financial Service Agency

Global payments leader enables inbound transfers of up to 50 Million JPY, offering a faster, cheaper, transparent alternative

News · 4 months ago
Nium Extends Global Payments Growth in the Middle East; Adds Key Financial Institutions and Foreign Exchange Houses to Client Roster

Payments leader seizes opportunity to drive adoption of real-time payments in the region

News · 4 months ago
Ebury and Nium expand partnership to power cross-border payments in Brazil

Ebury, one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium, the leader in real-time global payments, to deliver a groundbreaking global remittance service in Brazil.

News · 4 months ago
Nium named “Best Technology Initiative” at The Card and Payments Awards 2024

Nium has won ‘Best Technology Initiative’ at The Cards and Payments Awards 2024. This accolade recognises Nium’s best-in-class payments infrastructure and its role driving the adoption of real-time global payments around the world. 

News · 5 months ago
Quarterly release - Q1, 2024

Nium unveils three enhancements to the platform that aim to provide greater visibility into cross-border payments and ease of integration for clients.

News · 5 months ago
Nium Secures In-Principle Approval from RBI for the Payment Aggregator Licence and the Prepaid Payment Instruments Licence

Mumbai, 6 February 2024 – Nium, the leader in real-time global payments, proudly announces it has received in principle approval from the Reserve Bank of India for two prestigious payment licences – the Prepaid Payment Instrument (PPI) Licence and the Payment Aggregator (PA) Licence.

News · 7 months ago
Nium Partners with Jeonbuk Bank to Launch Global Remittance Service

21 November 2023 — Nium, the leader in real-time global payments, and Jeonbuk Bank (JB Bank), a leading South Korean financial institution, have announced a groundbreaking partnership.

News · 8 months ago
Quarterly release - Q4, 2023

New platform innovations to solve transparency and speed challenges of global money movement.

News · 8 months ago
Nium Launches Global FX Enhancements to Solve Transparency Challenges of Global Money Movement

SAN FRANCISCO, Calif. and SINGAPORE – October 23, 2023 — Nium, the leader in real-time global payments, today announced Nium Global FX – a product that 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 o

News · 8 months ago
Nium Hits a 6 with Spectacular Events at Men’s Cricket World Cup

MUMBAI - 12 October 2023 — Nium, the leader in real-time global payments, in partnership with the International Cricket Council (ICC) are thrilled to unveil a spectacular set of events to electrify the ICC Men's Cricket World Cup 2023 in India from 5 October to 19 November 2023.

News · 8 months ago
Nium expands B2B travel payments offering in Asia Pacific

Singapore, 19 October, 2023 - Nium, the leader in real-time global payments, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, building on rising demand for its virtual card solution offering globally.

News · 9 months ago
Nium Named to the 2023 CB Insights Fintech 100 List of Most Promising Fintech Companies

The leader in real-time global payments honored for a fourth year in a row from a pool of 19,000 companies for its achievements in cross-border payments.

News · 9 months ago
Nium, Expands European Operations with New Regional Headquarters in London’s Square Mile

London, 22nd September 2023 – Nium, the leader in real-time global payments, has opened a new European headquarters in London to accelerate business expansion across Europe and affirm its commitment to the UK as a leading fintech hub.

News · 10 months ago
ICC and Nium Call on Cricket Loving Technologists to Compete in ‘Next In’ Hackathon

The ICC together with official fintech infrastructure partner and leading real-time global payments platform, Nium, today invited all cricket-loving technologists to revolutionize the world of cricket through cutting-edge innovation as part of the second edition of the Next In hackathon. 

News · 11 months ago
Nium Announces 2022 Net Revenue Grew 2.7x YoY to US$82M

The company’s 2022 annual audit shows impressive growth with a focus on regional expansion, becoming first fintech startup from Singapore to have over 20 offices globally.

News · 1 year ago
Nium Opens New Headquarters in Singapore

Nium affirms long-term commitment to Singapore, announcing new initiatives to drive growth of “BizTech” job category.

News · 1 year ago
Forbes names Nium to the 2023 Forbes Fintech 50

Nium’s exponential success continues with 2.5X revenue growth from 2021 to 2022; with plans to double in 2023

News · 1 year ago
Nium Enhances Global Payroll Payments Solution, Offers Transparent Foreign Exchange (FX) Rates for More Predictable Payroll

Nium’s global payroll offering serves market expected to reach $19.5 billion by 2031 by removing regulatory complexities and reducing settlement times.  San Francisco and Singapore, May 31, 2023 — Nium, the leader in real-time global payments, has enhanced its market-leading payroll payments solutio

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Our Story.

Our CEO Prajit experienced first-hand the challenges of traditional global payments - high foreign exchange fees; complex time-consuming transactions; and tons of paperwork.

Nium’s origins lies in InstaRem, co-founded in 2014 by Prajit and Michael Bermingham. The driving force behind the company was Prajit’s own frustrating experience with cross-border remittance payments, and his desire to simplify the process for businesses and consumers alike. InstaRem quickly won customers across the globe thanks to its intuitive user experience, competitive rates, and broad reach. Core to the success of the InstaRem service is an advanced global payments platform - a platform built for simplicity, scale, and speed.

That platform is Nium. Our extensive network, diverse range of licenses, and powerful APIs work together seamlessly to accelerate our customers' business growth both locally and internationally.

Today, Nium is the global infrastructure for on-demand money movement and the fastest way to send money across borders.

  • Our Purpose.

    To solve the payment challenges that unlock the full potential of the global economy.

  • Our Mission.

    To build the payment infrastructure for on-demand money movement.

  • Our Vision.

    To be the real-time, global money movement standard.

Prajit Nanu with transparent background

I was determined to fix the problem — and that’s how Nium’s journey began.

Prajit Nanu, Founder and CEO

Our History.

  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • Co-Founder Prajit Nanu had a personal challenge moving money
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  • First license application submit—Australia
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  • $500k seed round from GFC
  • Instarem launches in Australia
  • Headcount hits 10 employees
  • Opened offices in India, Singapore and Australia
  • MSB License approval in Canada
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  • Series A of $5M led by Vertex Ventures
  • Hit milestone of 100k monthly transactions
  • Expanded to over 10+ corridors
  • Office in the United States opens
  • MSB License approval in Hong Kong, Singapore and part of the US
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  • $13M Series B led by GSR Ventures
  • $1B in dollars processed
  • Offices in the UK, Hong Kong, Malaysia and the EU open
  • Headcount hits 100+
  • MSB license approval in Malaysia, EMI License in EU
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  • Launched multi-currency bank accounts
  • Launched real-time delivery in 50+ countries
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  • Raised $38M Series C lead by Vertex Growth and Atinum
  • Nium platform launches
  • Launched card issuing in first market–Asia and Australia
  • FSTP License approval in Japan; Remittance license approval in Indonesia
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  • Raised $38M Series C led by Vertex Growth and Atinum
  • EMI License in UK
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  • Raised $200M Series D
  • Acquired Ixaris, the world’s 3rd-largest B2B travel card issuer
  • Headcount hits 700
  • Opened Japan office, bringing global total to 17
  • Launched card issuing in EU and UK
  • Acquired Wirecard Forex, payment services company in India
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  • Headcount hits 900+ Nium'ers
  • Became the Official Fintech Infrastructure Partner of the ICC
  • Announced Great Place To Work Certified™ in India, Malta, Singapore as the United States
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  • Headcount hits 1000+ Nium'ers
  • New offices in Singapore, San Francisco, and Amsterdam
  • Enhanced Payroll Solution Released
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Our Guiding Pillars.

To Be the Leading Payments Infrastructure for Businesses.

Our payments infrastructure is optimized for fast-growing businesses, replacing legacy systems with next-generation infrastructure delivering real-time processing, data-rich messaging, and standards interoperability to make it easier for them to move money around the world.

To Provide Flexible Options for Global Money Movement.

We support businesses with the most currencies and channels-including wallets, accounts, cards, and more-with the broadest reach to ensure that money can move seamlessly to anyone, anywhere. We prioritize optionality, giving our customers and the market at large what it needs today and tomorrow.

To Deliver On-Demand Payments to Anyone, Anywhere.

We enable real-time money movement to more than 100 countries - shorter settlement windows, immediate funds receipt, most efficiency. We support new money movement requirements for gig workers, creators, and businesses that have been built around the new workforce.

Co-Founder Corner.

Prajit Nanu
Prajit Nanu
Co-Founder and CEO

Prajit Nanu leads Nium’s corporate and product strategy as we move toward on-demand money movement. Under his leadership, Nium has won several accolades, including being named twice to the CB insights Fintech 250 and the Financial Times list of High-Growth Companies. Prior to co-founding Nium, Prajit held leadership positions in various global organizations. He was the Global Sales Director at TMF Group, a multinational professional services firm headquartered in Amsterdam, and was the Vice President of Sales and Account Management at WNS Global Services, a business process management company.

Michael Bermingham
Michael Bermingham
Co-Founder and Chief Business Officer

Michael brings with him over 15 years of experience in the OTC derivatives, spot FX, and financial services industries. Prior to Nium, Michael was a Director at Gain Capital Forex.com Australia, where he managed all aspects of the company’s Australian entity from licensing and product implementation phases to live operations. Michael also led Gain Capital’s Operations and Compliance Teams in the UK and US in his decade at the company. Before that, he was at the Wall Street Technology Association where he spearheaded their Vendor Affiliate Program, enabling vendors to directly meet with clients which provided them opportunities to market their products and services.

Pratik Ghandi
Pratik Gandhi
Co-Founder and Chief Operating Officer

Pratik has accumulated over 25 years of leadership experience, having worked for companies such as Arthur Andersen, Xerox, PepsiCo, and Telstra before specializing in banking in the last 15 years. Prior to joining Nium’s consumer and SME arm InstaReM in 2016, Pratik was Chief Financial Officer at Fullerton India Credit, a subsidiary of Singapore’s Temasek Holdings. He was also the Chief Finance Officer and Head of Portfolio Management at Standard Chartered Bank Singapore, and the Regional Chief Finance Officer for Consumer Finance Business at Citibank.

Our Investors.

Ebury logo
Scott Dunn logo
Sabre logo
Happy Easy Go logo
Secret Escapes logo
Weel logo
Rippling logo
etraveli group logo
Enjaz logo
Emirates NBD logo
eDreams ODIGEO logo
Air Europa logo
Volopay logo
Currencycloud logo
Ctrip logo
KLM logo
Love Holidays logo
Booking.com logo
Travel Ledget logo
Amadeus logo
Ebury logo
Scott Dunn logo
Sabre logo
Happy Easy Go logo
Secret Escapes logo
Weel logo
Rippling logo
etraveli group logo
Enjaz logo
Emirates NBD logo
eDreams ODIGEO logo
Air Europa logo
Volopay logo
Currencycloud logo
Ctrip logo
KLM logo
Love Holidays logo
Booking.com logo
Travel Ledget logo
Amadeus logo

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