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 · 4 days 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 · 1 week 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 weeks 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 · 1 month 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 · 1 month 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 · 1 month 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 · 1 month 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 · 1 month 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 · 2 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 · 2 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 · 4 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 · 5 months ago
Quarterly release - Q4, 2023

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

News · 5 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 · 5 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 · 5 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 · 6 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 · 6 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 · 7 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 · 8 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 · 9 months 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 · 10 months 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 · 10 months 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

News · 11 months ago
Nium Founder and CEO, Prajit Nanu named EY’s Entrepreneur Of The Year® 2023 Bay Area Award Finalist

Entrepreneur Of The Year celebrates driven entrepreneurs who are building bolder futures SAN FRANCISCO, May 1, 2023 – Ernst & Young LLP (EY US) has announced that Prajit Nanu, Founder and CEO at Nium was named an Entrepreneur Of The Year® 2023 Bay Area Award finalist. Now in its 37th year, Entrepren

News · 1 year ago
Nium Continues to Strengthen Leadership Team with Appointment of Anupam Pahuja to EVP and General Manager of Asia Pacific, Middle East and Africa

With over a decade of payments experience at PayPal, Pahuja will build upon Nium’s success in Southeast Asia, while elevating the brand’s presence throughout the Middle East and Africa SINGAPORE, April 12, 2023 — Nium, the global payments infrastructure for the on-demand economy, today announced the

News · 1 year ago
Nium Names Payments Veteran, Volker Steinle, as Senior Vice President and General Manager Americas

Steinle brings more than a decade of global payments experience from Adyen to fuel Nium’s next stage of hyper growth SAN FRANCISCO, April 3, 2023 — Nium, the global payments infrastructure for on-demand money movement, today announced the appointment of Volker Steinle as Senior Vice President and Ge

News · 1 year ago
CellPoint Digital and Nium Partner to Offer Merchants Frictionless Payments

21 March 2023 – CellPoint Digital, the global leader in Payment Orchestration, has today 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 movem

News · 1 year ago
ICC And Nium Announce Global Hackathon Winning Idea Set to Improve the Digital Cricket Fan Experience

Winning submission focused on Augmented Reality Hackathon to use technology to bring fans closer to the game Assets for media to use rights free including video and images from Hackathon final and “Next In” infographic The ICC and Nium, the global platform for on-demand money movement, today announc

News · 1 year ago
Travel Ledger Partners With Nium To Expand Its Global B2B Settlement Capabilities For Travel Businesses Worldwide

Nium, a global leader in cross-border money movement, and Travel Ledger, a global 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 pr

News · 1 year ago
Nium Expands Payments Platform with ‘Zero-Deduction’ Wire Transfers for Payroll and Procurement

Cross-border payments leader removes deductions on global wire transfers, supports 7 new payout currencies, and provides real-time transaction tracking through SWIFT gpi SAN FRANCISCO, Calif., USA – February 7, 2023 – Nium, the global platform for on-demand money movement, today announced zero-deduc

News · 1 year ago
ICC and Nium Launch “Next In” Global Hackathon to Innovate on Digital Cricket Fan Experiences

First Hackathon from the ICC will Shape the Future of On- and Off- Field Engagement Dubai, UAE – Jan. 11, 2023 – The International Cricket Council (ICC) and official fintech infrastructure partner and Modern Money Movement platform, Nium, today announced the launch of “Next In”, a global hackathon o

News · 1 year ago
Paycell Partners with Nium for International Money Transfers

Türkiye’s most inclusive financial services platform, Paycell, continues to make life easier for its users with easy and secure payment solutions and financial services. Thanks to the account-to-account international money transfer process implemented by Paycell in partnership with Nium, users can m

News · 1 year ago
Nium Unveils ‘Closed Loop’ Payments Alternative for Airlines and OTAs

Air Europa and others to be among the first to implement equitable payment solution Nium Airline Payments uses trusted UATP authorization rails and bank transfers to lower payment cost, guarantee acceptance, and offer ultra-flexible incentives London – 22 November 2022 – Nium, the global platform fo

News · 1 year ago
Nium Celebrates Great Place to Work® Certification™ in India, Malta, Singapore, and the United States of America

MUMBAI, VALETTA, SINGAPORE, SAN FRANCISCO, 21 November 2022 – Nium, the global platform for Modern Money Movement, today proudly announced its official Great Place to Work® Certification™ across four countries: India, Malta, Singapore, and the United States of America. The Certification is the resul

News · 1 year ago
Nium Joins Fight Against Illegal Wildlife Trade in Partnership with United for Wildlife

LONDON, 11 November 2022 – Nium, the global platform for Modern Money Movement, today announced it has joined the United for Wildlife (UfW) Financial Taskforce, signing the Mansion House Declaration to take a stand against the exploitation of financial services for illegal wildlife trade (IWT).  Fou

News · 1 year ago
Nium and the ICC Celebrate Innovation and Inclusion at the ICC Men’s T20 World Cup 2022

MELBOURNE, 28 October 2022 — Nium, the global platform for Modern Money Movement and the Official Fintech Infrastructure Partner of the International Cricket Council (ICC), today announced the details of its involvement at the ICC Men’s T20 World Cup in Australia from 16 October to 13 November 2022.

News · 1 year ago
Nium Presents New ICC Cricket Trivia Game – “WhoZat”

Last month, Nium and the ICC challenged cricket-loving technophiles to test their coding skills in the Nium Coding Challenge. More than 15,000 people stepped up to take the challenge, answering questions on code snippets used in a soon-to-be-released trivia game called, “WhoZat?!” Today, the ICC in

News · 1 year ago
Nium Appoints Payments Industry Leaders, Huey Lin and David Yates, to Board of Directors

Leveraging experience from leadership roles at Affirm, Mastercard, Western Union, and PayPal, the appointments of Lin and Yates provide Nium with veteran expertise as it builds out the global network for Modern Money Movement SINGAPORE, 3 October, 2022 – Nium, the global platform for Modern Money Mo

News · 1 year ago
Nium and Travelex launch new digital remittance offering in Japan

Travelex International Money Transfer aims to offer residents in Japan a faster and convenient method to transfer money overseas. JAPAN, 26 September, 2022 – Travelex, one of the market leading foreign exchange brands, alongside Nium, the global platform for modern money movement,  today announced t

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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.

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