Company Database - Nium

Nium – The Element That Makes Fintech Go.

Nium is a global leader in modern money movement. It provides banks, payment providers, and businesses of any size with access to global payment and card issuance services.
Its modular platform powers frictionless commerce, helping businesses pay and get paid across the globe with services for payouts, payins, card issuance, and Banking-as-a-Service (BaaS).

Core solution

Once connected to the Nium platform, businesses can payout in more than 100 currencies to over 190 countries – 85 of which in real time. Funds can be received in 27 markets, including Southeast Asia, the UK, Hong Kong, Singapore, Australia, India, and the US. 

Nium’s growing card issuance business is already available in 34 countries, including Europe (SEPA), the UK, Australia, and Singapore. Nium’s license portfolio covers 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.

Target market 

  • Merchants: digital, travel
  • Marketplaces
  • PSPs
  • Fintech
  • Banks
  • Brokers, crypto, FX

Contact details 

Nium Fintech Limited
05-132 1 Poultry
London
EC2R 8EJ

Geographical presence 

Global – EMEA, APAC, US & LATAM

Year founded 

2014

Investors

  • Vertex Ventures
  • Vertex Growth
  • Visa
  • GSR Ventures
  • SBI Ven Capital Pte. Ltd
  • GFC/Rocket Internet
  • Ripple
  • Atinum Investment
  • BRI Ventures
  • Fullerton Financial Holdings
  • MDI
  • Beacon Venture Capital
  • Riverwood Capital

Licence type

EMI licences in 11 jurisdictions (Singapore, Malaysia, Australia, Hong Kong, India, Indonesia, Japan, the UK, the EU, Canada, and the US)

Member of industry associations and/or initiatives

Nium is a member of the following associations:

  • The Payments Association (the UK)
  • The Emerging Payments Association Asia (APAC) – Katie Mitchell, Head of Policy sits on the Board 
  • Fintech Australia (AU)
  • The Japan Fintech Association (Japan)
  • The Internet and Mobile Association (India)
  • The Singapore Fintech Association (SG) – Katie Mitchell sits on the Payments Subcommittee; Ho Chee Wai sits on the Remittance Sub-committee 
  • The European Fintech Association (EU)
  • The European Money Association (EU)
  • The Financial Technology Association (USA)
Nium also takes part in:
  • The World Bank Remittance Working Group
  • The World Economic Forum Innovators Community

Company’s motto 

Nium – The Element That Makes Fintech Go. 

Service provider type 

Payments and Financial infrastructure

Yes

Cryptocurrency payments solution

Yes

Channels – context

Online 

No

POS/In store 

No

Omnichannel 

No

Payments capabilities

Whitelabel solution 

Yes

Payment methods supported

Yes

Settlement currencies

Yes

Instant settlement 

Yes

Tokenization 

Yes

Pay-out/Disbursements 

Yes

Reconciliation and reporting 

Yes

B2B payments 

Yes

Reporting/dashboards

Consolidated data and reporting dashboard

Yes

Fraud and risk management capabilities

Chargeback management 

Yes

Fraud ratio PSD2/SCA 

less than 0.01%

Fraud and risk management partners

Yes

Financial and compliance capabilities

FX – number of currencies available

Yes

Virtual IBAN 

Yes

Multi currencies virtual IBAN 

Yes

Instant settlement 

Yes

Client onboarding (KYC/KYB) 

Yes

Clients

Main clients/references 

  • Europe and the UK: Orenda, TransferGo, GC Partners, Weavr
  • Middle East and Africa: Mashreq Bank, Alawneh Exchange, Al Fardan Exchange
  • APAC: Travelex; Bernhard Schulte Shipmanagement; Krungsri Bank
  • Latin America: Banco Hipotecario El Salvador, Teledolar, Banco Topázio Brazil

Case studies 

https://www.nium.com/resources/category/customer-stories

Awards 

  • Finalist for ‘Best Industry Innovation’ at the Card and Payments Awards 2022
  • Finalist for ‘Fintech of the Year' and ‘Payments Tech of the Year’ at the UK Fintech Awards 2022
  • ‘Best B2B Payment Platform – Future Digital Awards’ 2021 UK
  • ‘Financial Times Asia-Pacific High-Growth Companies’ in 2021 & 2022: 2022 FXC Intelligence Top 100 Cross-border Payment Companies
  • ‘Top 250 Global Fintechs’ by CB Insights, 2020 and 2021
  • ‘Blockchain Innovator’ at Swell by Ripple Festival in 2018
  • ‘Fintech Rising Star’ by India Fintech Awards in 2017
  • ‘Singapore Fintech’ by Singapore Fintech Festival in 2017

Future developments 

More information upon request

Transactions

Transaction volume 

More information upon request

Transaction value 

More information upon request



Contact Nium

05-132 1 Poultry
EC2R 8EJ London https://www.nium.com/
UK