Nium receives licence to issue e-money and provide cross-border digital payments in the UK after Brexit
The Financial Conduct Authority has given Singaporean FinTech Nium an Electronic Money Institution (EMI) licence.
Visa Fintech Stories – Nium: Powering a global open money network
When Singapore-based Nium launched InstaReM to simplify cross-border remittances, they realized that in addition to a successful product, they had created something even be more valuable: a platform capable of moving money around the world.
They partnered with Visa to help power real-time money transfers to Visa debit cardholders across Southeast Asia.
Check out their story here: https://www.visa.com.sg/success-stories/nium.html
FF AWARDS: Wise Winners of the Biggest Wow Moment in Cross-Border Payments
By a landslide, Wise were the winners of the biggest ‘Wow Moment in Cross-Border Payments’ at this year’s FF Awards. The Head of UK & Europe, Partnerships at Wise, Roisin Levine, shares her thoughts on the win.
Tazapay: Creating Trust in Cross-Border Payments
How do you build trust between buyers and sellers when both parties are in different locations? Surge 04 company Tazapay’s co-founder Rahul Shinghal talks to Sequoia India’s Aakash Kapoor about why most cross-border transactions break down and how the platform is solving this problem in our region.
Nium CEO expects ‘massive consolidation’ in fintech
Prajit Nanu, CEO of payments company Nium, said some fintech companies are struggling to raise money and may eventually get shut down.