Tag: Nium

Nium appoints Manuel Sandhofer as SVP and GM, Europe

Nium, the leader in real-time global payments, announced the appointment of Manuel Sandhofer as Senior Vice President and General Manager, Europe. A seasoned fintech industry veteran from Payoneer, Manuel brings to Nium over 15 years’ experience in building teams, leading M&A integrations, and scaling global organisations from seed to IPO, a statement said. Prior to joining Payoneer in 2021,…

Nium appoints Ramana Satyavarapu as Chief Technology Officer

Nium, the global platform for Modern Money Movement, announced the appointment of Ramana Satyavarapu as Chief Technology Officer (CTO). He will be based in San Francisco, California, and report to Prajit Nanu, Co-Founder and CEO of Nium. Satyavarapu will be responsible for driving global engineering, strategy and Nium’s technology vision for Modern Money Movement. Satyavarapu will manage the company’s…

Fintech Unicorn Nium Joins HKSTP’s FinTech Community

Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTP’s Fintech ecosystem. According to a statement, “Nium is opening its new office at InnoCentre to leverage Hong Kong’s growing Fintech opportunities as well as the huge GBA market potential for seamless…

Nium Raises US$200+ Million Series D

Nium, a global B2B payments platform, has announced that it has raised a US$200+ million Series D round led by Riverwood Capital – a U.S.-based high-growth tech investor. Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and other angel investors, including DoorDash executive, Gokul Rajaram; Chief Product Officer at…

Nium to Acquire Wirecard Forex India Private Limited

Nium, a global payments platform, has announced that it has signed a definitive agreement to acquire Wirecard Forex India Pte. Ltd – a foreign currency exchange, pre-paid card, and remittance service provider in India. Wirecard Forex is licensed by the Reserve Bank of India as an Authorized Category II Money Exchange Dealer (AD II) and…

Nium to acquire B2B travel payments company Ixaris

Nium, a leading global B2B payments platform, announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment methods that help airlines and online travel agents…

Singapore-based Nium closes latest funding round

Nium, Singapore-based global fintech platform, announced that the company has completed its latest fundraise. Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. “I am thrilled to announce that we…