FinTech infrastructure platform Nium has inked a partnership that will see it enhance the transaction experience of the San Francisco-based neobank Unifimoney.
The deals comes hot on the back of Unifimoney raising a $1m pre-seed round in May 2020.
Through the new deal, the challenger bank hopes to leverage the international money transfer capability provided by Nium to supplement its solution for automated money management across saving, spending and investing.
“In today’s competitive payments environment, new technology makes an incredible difference in delivering the best customer experience, and we are thrilled to be the trusted provider for international money transfer services for Unifimoney and its customers,” said Gabriel Grisham, US vice president and head of business development at Nium.
“Nium’s mission is to create a global fintech infrastructure that can enable banks, financial institutions and other fintech companies to launch and scale innovative digital financial services without the complexity, time and cost previously required to do so. This partnership with Unifimoney to enhance their payments capabilities beyond the US is a testament to that effort.”
Ben Soppitt, founder and CEO of Unifimoney, added, “The Unifimoney user is a high-earning, highly educated professional, often in tech or medicine. Many have already asked about sending money to friends and family back home, so we’re very excited to deliver the best-in-class solution for global payments by partnering with Nium.”
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