Nium was born out of a mission to simplify the payments experience for consumers and businesses around the world. It launched as Instarem in 2014, providing fast, safe and easy money transfers to friends and family abroad, and quickly grew to become a market leader, processing billions of transactions each year. Core to the success of the Instarem service is an advanced global payments platform. A platform built for simplicity, scale and speed.
That platform is Nium.
Today, the Nium platform connects business to the world’s payment infrastructure through one API. Our modular platform for Pay In, Pay Out and Card-Issuance allows banks, payment providers, travel companies and other businesses to collect and disburse funds in local currencies to over 100 countries, plus issue physical and virtual cards globally.
We enable companies around the world to unlock new revenue opportunities and improve cash flow economics by enabling new service launches in weeks, not months. We’ve become a leader in our geographical and payment service breadth, owning licenses in the world’s largest and fastest-growing economies. This allows us to get money to people and businesses with unmatched speed and minimal friction.
Nium is a proud part of CB Insights Fintech 250, which highlights the most promising Fintech companies globally.