Nium, the global leader in real-time cross-border payments, has recently achieved a significant milestone by becoming a Registered Financial Service Provider in New Zealand. This development marks Nium’s official entry into the New Zealand financial market, expanding its global footprint to over 40 countries.
Highlights
- Expansion into New Zealand: Nium’s registration as a Financial Services Provider in New Zealand opens doors for the company to offer its full suite of payment services to customers and businesses in the country. This includes cross-border money transfers and various other financial solutions.
- Global Presence: Nium has been rapidly expanding its international reach and has already secured regulatory licenses and authorizations in more than 40 countries worldwide. The company’s entry into New Zealand is part of its strategic plan to continue growing its global presence.
- Enhancing Financial Services: With its registration in New Zealand, Nium can now provide businesses and consumers in the local market with faster, more convenient, and cost-effective cross-border payment solutions. This move further solidifies Nium’s position as a leading global payments platform.
Expanding Opportunities
Nium’s expansion into New Zealand not only benefits the company but also creates new opportunities for businesses and consumers in the region. By leveraging Nium’s innovative cross-border payment services, businesses can enhance their global commerce capabilities, facilitating smoother transactions with partners and customers worldwide.
Partnership Success
Nium’s partnership with Australian spend management platform, Weel, highlights the collaborative efforts driving innovation in the fintech industry. Russell Martin, Co-Founder and CTO at Weel, expressed excitement about the partnership, emphasizing its role in meeting the global spend management needs of customers.
Future Outlook
Runn Sachasiri, Senior Vice President of Global Expansion and CEO’s Office at Nium, expressed enthusiasm about bringing Nium’s innovative services to New Zealand. By providing speed, efficiency, and transparency in payments, Nium aims to enable businesses to engage in more commerce with New Zealand, contributing to the country’s economic growth.
In conclusion, Nium’s registration as a Financial Services Provider in New Zealand marks a significant step in its global expansion journey. With a focus on innovation and partnership, Nium is poised to revolutionize cross-border payments, benefiting businesses and consumers around the world.
