Nium is a leading player in the realm of real-time, cross-border payments. Since its establishment in 2016, Nium has been dedicated to bringing about the global payments infrastructure of the future in the present. Its extensive payout network encompasses 100 currencies and extends to over 220 markets, with real-time support available in 100 of these markets. This infrastructure revolutionizes how financial institutions, fintech companies, and businesses of all kinds transact, convert, and distribute funds across borders instantaneously. The company's capacity to disburse funds to accounts, wallets, and cards, as well as its ability to facilitate local fund collection in 35 markets, underscores its adaptability and versatility. Furthermore, Nium's burgeoning card issuance business is already operational in 34 countries. With regulatory licenses and authorizations in more than 40 countries, Nium is committed to facilitating seamless onboarding, rapid integration, and compliance, regardless of geographic location. The company, with a co-headquarters arrangement in San Francisco and Singapore, recently secured a $50 million Series E investment on April 6, 2024, with key backing from New View Capital and Tribe Capital. Nium's ascent in the finance, financial services, fintech, and payments sectors reflects its remarkable potential as a global disruptor.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | $50.00M | 2 | 04 Jun 2024 | |
Series D | $5.00M | 1 | 21 Mar 2022 | |
Series D | $2.96M | 3 | Atinum Partners, Arjun Sethi | 01 Feb 2022 |
Corporate Round | Unknown | 1 | Emtek Group | 05 Oct 2021 |
Series D | $200.00M | 10 | Vicky Bindra, Rajaram Family Trust +1 | 26 Jul 2021 |