Nium
Nium Pte. Ltd.
Nium is a Singapore-based global B2B payments infrastructure that lets fintechs, banks and enterprises send, receive and manage real-time cross-border payments, and issue cards and open multi-currency accounts via API. It holds licenses and authorizations in over 40 countries and processes more than $8 billion in payments annually. It raised a $50M Series E in 2024 at a roughly $1.4 billion valuation.
Data & conditions
| Service type | Card issuing / BaaS |
|---|---|
| Pricing model | Custom quote |
| Card networks | Visa, Mastercard |
| Card types | virtual, physical, prepaid |
| Fiat rails | ACH, SEPA, SWIFT, FasterPayments |
| Custody model | qualified-custody |
| Customer type | Fintech, Enterprise, Platforms |
| Fund custody | Custodial (platform holds funds) |
| Supported countries | US, EEA, UK, APAC, LATAM, MENA · 100+ countries |
| Regulator | MAS (Singapore) |
| Segment | B2B |
| Funding / solidity | Founded 2014 in Singapore (originally Instarem) · rebranded to Nium in 2019 · $50M Series E in June 2024 (~$1.4B valuation) · licenses/authorizations in 40+ countries |
| MiCA / License status | MAS (Singapore)FSA Type 1 FTSP (Giappone)FSPR (Nuova Zelanda) |
Strengths
- Broad regulatory coverage (licenses in 40+ countries)
- Real-time cross-border payments with card issuing and multi-currency accounts
- Established player with meaningful scale and funding
- No notable sovereignty advantage documented.
Weaknesses
- B2B product, not accessible to end consumers
- Quote-based pricing, not public
- Enterprise-grade onboarding complexity
- Custodial: the platform holds your funds and can freeze or lose them.
Verdict
Score 4.1/5, very strong profile. In its favour: broad regulatory coverage (licenses in 40+ countries). The trade-off to weigh: b2B product, not accessible to end consumers.
On the Sovereignty lens the score is 0.5/5 (weak): the strength is fund control (0.5/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can an individual use Nium?
No, Nium is a B2B payments infrastructure for fintechs, banks and enterprises, not for end consumers.
Is Nium regulated?
Yes, it holds licenses and authorizations in over 40 countries, including a MAS license in Singapore.
Sources
- Official service page Paesi Data verified on Jul 17, 2026
- en.wikipedia.org Fondazione · Rebranding Data verified on Jul 17, 2026