NIUM

Singapore’s Nium secures payment institution license from Central Bank of Brazil

Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced that the Central Bank of Brazil has formally authorized it to operate as a Payment Institution (PI), representing a major milestone in the firm’s continued expansion across Latin America.

Nium partners iPiD to advance VoP compliance and global fraud prevention

Nium, the Singapore-based global infrastructure firm for real-time cross-border payments, announced Tuesday the expansion of Verify, its account validation service, in Europe, through a strengthened strategic partnership with iPiD, the provider of the Know Your Payee (KYP) solution, iPiD Node.

Singapore-based Nium expands real-time payouts into Australia

Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced the expansion of its real-time payout capabilities into Australia.

GIC-backed payment firm Nium pushes back IPO plans – report

Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing revenue, Bloomberg reported.

Singapore’s Nium raises $50M in Series E round to expand real-time payments global infrastructure

Nium, the Singapore-based real-time cross-border payments, has on Wednesday announced it has raised $50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the company at $1.4 billion post-money

Remote, Nium Join forces to power global workforces with real-time cross-border payments

Remote, the global human resource (HR) platform for distributed companies, has selected Nium, the Singapore-based real-time cross-border payments platform, to enhance its international payroll capabilities.

Singapore’s Nium secures payment license in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).

Singapore’s Nium secures approval to offer financial products in India

Nium, the Singapore-based real-time global payments firm, has received in principle approval from the Reserve Bank of India for two prestigious payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License.

Singapore’s Nium partners South Korea’s Jeonbuk Bank to launch global remittance service

Nium, the Singapore-based real-time global payments, and Jeonbuk Bank (JB Bank), a South Korean financial institution, have announced a partnership on global remittance service. Under the partnership, the duo will offer the global remittance service targeted at the 2.5 million non-Korean residents that live in South Korea.

Global payment firm Nium opens new headquarters in Singapore

Real-time global payments firm Nium has on Monday announced the opening of its new headquarters in Singapore. The new headquarters is Nium’s strategic hub for serving clients across Asia Pacific, the Middle East, and Africa.