Nium, the leader in real-time global payments, has opened a new European headquarters in London to accelerate its business expansion across Europe.
The company, which was founded in Singapore back in 2014, also sees the move as a way to affirm its commitment to the UK as a leading FinTech hub.
The announcement will give Nium access to the European financial ecosystem, allowing them to scale their operations, having already experienced growth across the APAC and US markets.
Prajit Nanu, Founder and CEO at Nium, said: “London is our home away from home, establishing our European headquarters within the Square Mile gives Nium invaluable access to a thriving financial services ecosystem that we want to help support and scale.
“After experiencing growth across APAC and the US, Europe is now our fastest-growing market. This means we are well positioned to help businesses here unlock opportunities beyond borders, especially those with a focus on emerging markets.”
Today, Nium has European offices in London, Amsterdam, and Malta with local operations in Germany, France, and Israel.
Manuel Sandhofer, SVP & General Manager at Europe, added: “Nium has been present in the UK for several years now. With the support of local regulators, industry bodies, and our talented team members, we have built a strong foundation of products, customers, and licences. Our new regional headquarters represents our commitment to the UK as the cornerstone of Nium’s long-term growth plans in Europe.”
Charlotte Crosswell OBE, Chair of Centre for Finance, Innovation, and Technology, delivered a keynote speech and officiated the ribbon-cutting ceremony. She said: “Despite a challenging time for FinTech firms, the UK continues to be an attractive location for global businesses looking to drive growth, draw talent, and foster collaboration.
“Nium’s decision to establish its European headquarters in London will have a significant impact on the UK remaining a global leader for financial innovation, and we look forward to supporting the company in the next phase of its journey.”
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