Company Database - Nium

Global Payments Services

Nium provides banks, payment providers, and businesses of any size with access to global payment and card issuance services via one API. Its modular platform allows businesses to embed financial services, including technologies for payouts, payins, card issuance, and Banking-as-a-Service, in a matter of weeks. 

Geographical presence

Global presence – EMEA, APAC, Americas (North America, Latin America)

Offices in: Australia, Canada, Hong Kong, India, Indonesia, Japan, Lithuania, Malaysia, Singapore (HQ), the UK, the US

Target market

Banks, financial institutions, fintechs, payment providers, marketplaces, travel companies, OTAs

Core solution

B2B cross-border payments, Banking-as-a-Service (BaaS), cards issuing, Crypto-as-a-Service

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 Sub-Committee; Ho Chee Wai sits on the Remittance Sub-Committee
The European Fintech Association (EU)
The European Money Association (EU)
The Financial Technology Association (the US)

Nium also takes part in:

The World Bank Remittance Working Group
The World Economic Forum Innovators Community

What problem does your company solve?

Nium can help companies that are looking to offer global payment services, but do not have the regulatory infrastructure and technical capabilities to do so. Within each market, Nium takes care of the different KYC and regulatory requirements – all included in a single platform that allows customers to perform cross-border payments across more than 190 countries, 85 in real time – without compromising on security. 

What is unique about your company?

Core to Nium is its licence infrastructure, built over time in some of the fastest growing economies. Nium owns the broadest licence portfolio, covering 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration across multiple geographies. 

Payment methods supported

Bank transfers, international wires, mobile wallets, Visa Direct, cash pick-up

Future developments

We just announced the launch of our global Crypto-as-a-Service platform – the first one to allow financial institutions to integrate popular crypto capabilities into their financial applications, including the ability to buy, sell, and hold the most popular digital assets. Future service elements will allow for stablecoin wallets, as well as crypto acceptance. The rollout in the UK and Europe will come in H1 of 2022. We are also looking at a Series E funding round to further expand our technical platform and add new embedded fintech services, as well as explore deeper vertical and regional opportunities, including EMEA.

Reference customers

Europe and the UK: 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