About Nium
We’re driving the future of payments in a world where traditional finance is disrupted, and on-demand is the new norm.
Our cutting-edge payments infrastructure empowers anyone, anywhere to make and receive payments instantly, no matter the location or currency.
FINDING SOLUTIONS TO REAL WORLD PROBLEMS
Our Story
Prajit Nanu, Founder & Chief Executive Officer at Nium, grew up
in the bustling streets of Mumbai with a very serious case of the “entrepreneurial bug.” To be a true business architect takes gumption, and let’s just say that our Founder has gumption in abundance.
Whilst on holiday in Thailand, Prajit realized how difficult it was to transfer money internationally. It got him thinking. Like, seriously thinking.
Freshly out of ”holiday mode” and barely able to contain his excitement – Prajit started his very first company - Instarem. Focusing initially on servicing consumer-led transfers, but it was not long before Prajit
built a team to move money for businesses too.
In 2014, with blood, sweat, tears and
a passion for payments – Nium was born.
Today, our extensive network, diverse range of licenses, and powerful APIs work together seamlessly to accelerate our customers’ businesses growth both locally and internationally. We have over 750 team members globally and over 10 offices (and counting) worldwide.
Our History
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
1
Approved as a Registered Financial Service Provider in New Zealand
2
Became First Global Fintech to Secure Type 1 Funds Transfer License from Japan’s Financial Service Agency
3
Named Among CNBC's World’s Top Fintech Companies 2024
4
Named to the Forbes Fintech 50 List for Second Year in a Row
5
Named ‘Fintech of the Year’ at the Asia Fintech Awards 2024
1
Named to the Forbes Fintech 50 List 2023
2
New offices in Amsterdam, London, San Francisco and Singapore
3
$20bn transaction volume exceeded from previous year
4
$25bn processed in annual global transaction volumes
5
75m cards issued worldwide
1
Became the Official Fintech Infrastructure Partner of the ICC
2
Announced Great Place To Work Certified™ in India, Malta, Singapore and the United States
1
Raised $200M in Series D
2
Acquired Ixaris, the world’s 3rd-largest B2B travel card issuer
3
Opened office in Japan
4
Launched card issuing in Europe and the UK
1
Raised $38M Series C led by Vertex Growth and Atinum
2
EMI License secured in the UK
1
Launched Nium customer platform
2
Launched card issuing in first market–Asia and Australia
3
FSTP License approval in Japan; Remittance license approval in Indonesia
1
Launched multi-currency bank accounts
2
Launched real-time delivery in 50+ countries
1
$13M Series B led by GSR Ventures
2
$1B in dollars processed
3
Opened offices in the UK, Hong Kong and Malaysia
4
MSB license approved in Malaysia
5
EMI license approved in Lithuania
1
Series A of $5M led by Vertex Ventures
2
Hit milestone of 100k monthly transactions
3
Expanded to over 10+ corridors
4
Opened first US office in San Francisco
5
MSB License approved in Hong Kong, Singapore and part of the US
1
$500k seed round from GFC
2
Instarem launched in Australia
3
Opened offices in India, Singapore, and Australia
4
MSB License approved in Canada
1
The Instarem journey began!
2
First license application submitted in Australia
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.
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.