Nium and FINCI announce partnership to strengthen payment services internationally

Share this post

LONDON, 1 February 2022 – Today, fintech company FINCI announced a partnership with global payments and cards issuance leader Nium, that will leverage Nium’s competitive FX rates and extensive pay-out network in strategic markets across the APAC and EMEA regions. The collaboration will enable real-time payments to new markets and improve services to existing regions for FINCI’s individual and business customers.  

Empowering young businesses with global reach and helping them build their footprint internationally is our main goal at Nium. Addressing and overcoming the constraints of local payments infrastructures is a real need for companies, such as FINCI. This partnership will give FINCI customers access to more markets, allowing them to make payments in real time at competitive FX rates, with no hidden fees or additional transactional costs, says Frederick Crosby, Chief Revenue Officer at Nium.  

FINCI has a unique vision for how to bring a range of useful services and technologies together into one environment to better the financial lives of its customers. Through partnerships with companies like Nium, FINCI hopes to expand services to Asia, Africa and Latin America. The company’s aim is to help businesses in industries like shipping, IT, aircraft management, logistics, trading and construction to achieve a faster, cheaper and more efficient payments ecosystem.    

“Our partnership with Nium is all about making it easier for FINCI customers to move money around the world,” said Mihails Kuznecovs, Chief Executive Officer at FINCI. “Whether that’s simply an individual sending money to family overseas; or, a business that needs to make or receive payments in local currencies – quickly, easily and cost effectively, Nium provides us with advanced technology, global reach and frictionless service. That’s good news for our business and even better news for our customers.” 

***** 

About Nium 

Nium is a leading embedded fintech company that provides banks, payment providers, and businesses of any size with access to global payment services. Its modular platform powers frictionless commerce, helping businesses pay and get paid across the globe with services for pay-outs, pay-ins, card issuance, and banking-as-a-service.  

Once connected to the Nium platform, businesses are able to pay out in more than 100 currencies to over 190 countries – 85 of which in real time. Funds can be received in 27 markets, including Southeast Asia, UK, Hong Kong, Singapore, Australia, India, and the US. Nium’s growing card issuance business is already available in 34 countries, including Europe (SEPA), the UK, Australia and Singapore. Nium’s license portfolio covers 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration, regardless of geography. 

Nium was named among “Financial Times APAC High-Growth Companies” and “Best B2B Payment Platform at Future Digital Awards” in 2021. 

For more information, visit: https://www.nium.com   

 

About Finci 

FINCI is a fintech company offering a range of financial services for private and business customers, across 29 countries. With a Mastercard-powered debit card, and intuitive app on iOS and Android, customers can easily send and receive payments from around the world, and in multiple currencies. And through the development of AI, machine learning and other technologies, FINCI plans to make people’s day-to-day financial life even faster and easier. 

 

For more information, visit https://www.finci.com  

 

 

Media Contacts: 

 

Nium 

Bianca Jutaru 

[email protected] 

 

Finci 

Witold Wilczynski 

[email protected]  

 

Article by Nium

More To Explore

Membership

Merchant Community Membership

Are you a member of The Payments Association?

Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.

Welcome

Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.

Having trouble signing?

We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.

First things first

Have you set up your Member account yet? If not, click here to do so.

Still not receiving your auto-login link?

Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.

Please click the button below which relates to the issue you’re having.

I didn't receive an e-mail

Tip: Check your spam

Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association

Tip: Check “other” tabs

Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.

Tip: Click the link within 60 minutes

For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.

Tip: Only click once

The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.

Tip: Delete old login e-mails

Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.

Tip: Check your security policies

Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.

Need to change your e-mail address?

For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.

Still got a question?