Nium news and trends

Nium Looks to Expand in India With Payment Licenses
Bank Regulation // February 05, 2024

Nium has received new payments licenses in India as it looks to expand in that country. The Singapore-based real-time payments FinTech announced Monday (Feb. 5) that it had gotten principle approval from the Reserve Bank of India (RBI) for a prepaid payment instrument (PPI) license and a payment...

Nium Chief Executive Plans US IPO for 2025
IPO // July 04, 2023

Singapore-based payments FinTech Nium hopes to become a public company in two years. The $2 billion firm aims to go public in the U.S. by 2025’s second quarter, co-founder and CEO Prajit Nanu said in an interview with Bloomberg News posted Tuesday (July 4), adding that...

42.5% of Organizations Hiring Cross-Border Have Much Friction Paying International Workers
Payroll // June 14, 2023

When hiring and paying workers cross-border, companies can face payment hurdles and other barriers making the process more difficult, often requiring the use of specialized global payment platforms to get funds into the hands of workers in different countries. Based on a survey of 250...

‘Digital Nomads’ Demand Speedy Cross-Border Payments
Payroll // December 08, 2022

While COVID expanded remote work, fast global payments made the digital nomad lifestyle possible. At a time when headlines are filled with layoff announcements, including among the once-hot tech companies in Silicon Valley, the appetite for alternative working arrangements has never been stronger. As GoLance...

Interviews & Exclusives
42.5% of Organizations Hiring Cross-Border Have Much Friction Paying International Workers

June 14, 2023
When hiring and paying workers cross-border, companies can face payment hurdles and other barriers making the process more difficult, often requiring the use of specialized global payment platforms to get funds into the hands of workers in different countries. Based on a survey of 250 executives in accounts payable, payroll or payments at U.S.- and […]

‘Digital Nomads’ Demand Speedy Cross-Border Payments

December 08, 2022
While COVID expanded remote work, fast global payments made the digital nomad lifestyle possible. At a time when headlines are filled with layoff announcements, including among the once-hot tech companies...

Airlines Eye Closed-Loop Payments Solutions to Reduce Payments Costs

November 22, 2022
While the cost of processing credit cards has dropped dramatically over the years, some of the interchange levels have remained relatively high. This has led to an economic model evolving...

80% of Firms Hit Roadblocks When Making International Workforce Payments

November 08, 2022
International hiring among U.S. and U.K. businesses skyrocketed in 2021, with organizations primarily looking to expand their business into new markets and/or increase their market share in other countries. The...

Quick Reads
Nium and Thredd Launch APAC Virtual Card Partnership

April 24, 2024
Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region. “APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust competition, a boon for consumers, and accelerated growth for the […]

Nium Looks to Expand in India With Payment Licenses

February 05, 2024
Nium has received new payments licenses in India as it looks to expand in that country. The Singapore-based real-time payments FinTech announced Monday (Feb. 5) that it had gotten principle approval from the...

Nium Chief Executive Plans US IPO for 2025

July 04, 2023
Singapore-based payments FinTech Nium hopes to become a public company in two years. The $2 billion firm aims to go public in the U.S. by 2025’s second quarter, co-founder and...

Zero Hash Helps Nium Meet Demand for Crypto Payments

October 26, 2022
Global money platform Nium has teamed with B2B2C crypto infrastructure platform Zero Hash in a partnership that lets Nium’s U.S. customers leverage crypto to fiat payment solutions. According to a Wednesday...