Explore Our Content - Remittances

Every day, more than 250 million migrant workers send money to friends and family back home. This year, the World Bank predicts remittance flows to low- and middle-income countries to reach a record USD 630 billion, with the United States remaining the largest single source of remittances. While the

Travel and tourism were among the sectors hardest hit by Covid-19. The 65.9% annual fall in air passenger traffic in 2020 reported by the International Air Transport Association (IATA) was the biggest decline in aviation history, and no form of transport or travel has gone unscathed. The result: onl

It’s hard to believe that just a few years ago Nium launched with a humble mission of simplifying cross-border payments.  Fast forward 7 years and we’re at another pivotal point in our company. Today we’re announcing  that we’ve raised over US$200 million in Series D funding, making Nium the first B

New licence privileges expand Nium’s payment service capabilities to include account issuance, domestic money transfers, merchant acquisition, and E-money issuance

SINGAPORE, 7 JULY, 2021 – Nium, a leading global payments platform, today announced it has signed a definitive agreement to acquire Wirecard Forex India Pte. Ltd – a foreign currency exchange, pre-paid card, and remittance service provider in India. Wirecard Forex is licenced by the Reserve Bank of

Travelex International Money Transfer aims to offer Hong Kong residents a faster and convenient method to transfer money overseas   HONG KONG, 15 June, 2021 – Travelex, one of the market leading  foreign exchange brands, alongside advanced global payments platform Nium, has today announced the launc

Accendo Banco (“Accendo”), Mexico’s leading ‘digital-first’ challenger bank focused on providing innovative digital banking solutions, today announced that it has expanded its capabilities in international payments and remittances, through partnership with Global fintech infrastructure platform Nium

Customers of Nium can now remit funds via bank transfers or to mobile money wallets Kenya, 09 March, 2021 –  Nium, an advanced global payments platform, announced today that its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa and Tanzania, with mor

BizPay, the new service by InstaReM converts existing card limits into working capital for businesses; creates differentiated value for banks looking to increase usage of credit cards.