Nium

Nium is a company specializing in real-time payment infrastructure on a global scale. Its main activity is to enable businesses to collect, convert and distribute funds instantly to bank accounts, cards, and e-wallets in more than 190 countries.

Nium offers a range of products and services, including:

• Multi-currency accounts: opening global accounts and managing funds in multiple local currencies.
• Issuance of physical and virtual cards: for real-time payments worldwide.
• International payments (Global Payouts): sending payments to over 190 countries via local and international infrastructures.
• Currency exchange (Global FX): access to transparent and competitive exchange rates, with no hidden fees.
• Bank account verification: instant validation of beneficiaries' bank details in more than 50 markets.

Nium primarily serves an international B2B market, including:

• Financial institutions (banks, money transfer operators)
• Platforms and companies (international payroll management, marketplaces, expense management, creator economy)
• The travel sector (online travel agencies, airlines, hotels)

Through its powerful APIs and management portal, Nium enables businesses to easily develop, deploy, and manage their payment applications, while ensuring compliance and fast transactions worldwide.

Nium is a company specializing in real-time global payment infrastructure. Its history is rooted in the transformation of cross-border payments for businesses, financial institutions, and digital platforms.

Founding and mission:
Nium was founded with the goal of simplifying and accelerating international payments, enabling businesses to collect, convert, and distribute funds instantly to accounts, cards, and wallets anywhere in the world.

Key development milestones:

• Launch of innovative products: Nium has developed a range of products, including multi-currency accounts, issuance of physical and virtual cards, global payments, foreign exchange (FX) management, and instant bank account verification in over 50 markets.
• Global expansion: The company quickly expanded to cover more than 190 countries and territories, with real-time payments in over 100 markets and regulation in more than 35 jurisdictions.
• Strategic partnerships: Nium has formed partnerships with major companies and financial institutions such as Air France, KLM, Worldpay, Remote, Sabre, Booking.com, Emirates NBD, and many others, to offer tailored payment solutions on an international scale.
• Technological integration: The company has focused on rapid integration through powerful APIs and a unique platform (Nium Portal) allowing the management of multiple payment applications from a centralized dashboard.
• Sector-specific solutions: Nium has adapted its solutions to various sectors: banks, money transfer operators, payroll management, marketplaces, expense management, creator economy, online travel agencies, airlines, and hotels.
• Strategic changes: The company has evolved from a simple payment provider to a complete real-time payment infrastructure, emphasizing transparency, speed, and global regulatory compliance.

Today, Nium positions itself as a global leader in real-time payments, facilitating business growth through robust infrastructure, strong partnerships, and continuous innovation in cross-border payments.

The founder of Nium is Prajit Nanu. The main members of the management team include:

• Prajit Nanu – Co-founder and CEO
• Michael Bermingham – Co-founder and Chief Business Officer
• Frederick Crosby – Chief Revenue Officer
• Robin Gandhi – Chief Product Officer
• Ramana Satyavarapu – Chief Technology Officer
• Anupam Pahuja – Chief Operating Officer
• Yvonne Szeto – Vice President, Business Development