# Nium

> Nium is a San Francisco- and Singapore-headquartered cross-border payments company that lets banks, fintechs, and businesses move money across more than 220 markets via a single API. It runs one of the largest real-time payout networks in the world, supporting payouts in 100+ currencies and instant settlement in 100+ markets.

- **Founded:** 2014
- **Headquarters:** San Francisco, USA / Singapore
- **Founders:** Prajit Nanu (Co-Founder & CEO), Michael Bermingham (Co-Founder)
- **Team size:** ~1,100 employees
- **Products:** Global Payouts, Global Card Issuance, Multi-Currency Accounts, FX & Treasury, Instarem
- **Notable:** Became a unicorn in July 2021 after $200M+ Series D, Operates payments licenses in 40+ countries, Real-time payouts live in 100+ markets

## Products & services

- **Global Payouts** — Real-time and same-day payouts across 100+ currencies and 220+ markets, with local rails in 100+ countries.
- **Global Card Issuance** — Virtual and physical card issuing across 35+ markets on Visa and Mastercard networks.
- **Multi-Currency Accounts** — Local virtual accounts in major currencies for businesses to collect funds like a local.
- **FX & Treasury** — Real-time FX rate locking, multi-currency wallets, and treasury tools for cross-border businesses.
- **Instarem** — Consumer remittance app powered by Nium's underlying infrastructure.

## Achievements

- Became a unicorn in July 2021 after $200M+ Series D
- Operates payments licenses in 40+ countries
- Real-time payouts live in 100+ markets
- Named to CNBC Disruptor 50 list
- 99.99%+ infrastructure uptime on AWS
- 50%+ YoY revenue growth in 2023

## Latest updates

- **2024-06** — Raised $50M Series E at $1.4B valuation to expand real-time payments network.
- **2024-04** — Received Type 1 Funds Transfer Service Provider license from Japan's FSA.
- **2024-03** — Registered on the Financial Service Provider Register in New Zealand.
- **2023-10** — Co-founder Pratik Gandhi departed; Prajit Nanu remains CEO.

## Links

- Website: https://www.nium.com
- LinkedIn: https://www.linkedin.com/company/nium-global
- Twitter/X: https://twitter.com/NiumGlobal
- YouTube: https://www.youtube.com/@NiumGlobal
- Instagram: https://www.instagram.com/niumglobal/
- Facebook: https://facebook.com/NiumOpenMoney

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Profile page: https://yespress.io/nium
Published by YesPress — https://yespress.io
Last updated: 2026-05-28