Tag "NIUM"

Nium Names Ramana Satyavarapu as Its Chief Technology Officer

Global payments platform Nium announced the recent appointment of Ramana Satyavarapu as Chief Technology Officer (CTO) and he will be responsible to drive the firm’s global engineering, strategy and technology vision. Satyavarapu will manage the company’s core technology strategy and

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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave

In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s

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Nium to Acquire Alternative Payments Network Platform Socash

Global payments platform Nium announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a network that allows consumers to deposit, withdraw, and make payments with cash

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Krungthai Bank Leverages Nium’s Payment Rails for Cross Border Payments

Global payments platform Nium and state-owned Krungthai Bank, has announced a strategic partnership to enhance global transfer offerings for both corporate and individual customers across Thailand. Through this partnership, Krungthai will leverage Nium’s vast payment rails to enhance the cross-border

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Nium Recognises Its COO Pratik Gandhi as a Co-Founder

Singapore’s payment unicorn Nium announced that it has elevated its Chief Operating Officer, Pratik Gandhi to Co-Founder. Pratik joined Nium as Chief Business Officer in May 2016 as the company began building its global business operations. In his role as

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Krungsri Partners With Nium to Expand International Transfer Offerings

Krungsri (Bank of Ayudhya PCL), one of Thailand’s largest banks, partners with Nium to enhance their international transfer offerings for both corporate and individual Krungsri customers. Through this partnership, Krungsri and Nium will enhance the international transfer experience for millions

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Nium Launches Crypto As a Service Platform in the U.S

Singapore’s payment unicorn Nium,  today launched its Crypto-as-a-Service (CaaS) solution. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment services will support five cryptocurrencies in the U.S.

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Nium Joins the Unicorn Club With Its Latest US$200 Million Series D Fundraise

Singaporean B2B payments platform Nium is now a unicorn after having raised more than US$200 million in a Series D round led by Riverwood Capital. The firm has now raised nearly US$300 million to date. Temasek, Visa, Vertex Ventures, Atinum

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Aspire Teams up with Visa and NIUM to Launch Payments Card for Businesses

Y Combinator-backed Aspire, announced today a partnership with NIUM, a global financial technology platform, and Visa, to offer corporate cards to its business customers. Aspire Corporate Card will be linked to Aspire flagship Business Account, offering their clients a simpler

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