Singaporean payments fintech unicorn Nium has launched its European headquarters in London.
In brief:
-Nium is now generating 40 per cent of its revenues from Europe, nine years after launching in Singapore
-The new European HQ, located in London’s Square Mile financial district, will act as a ‘strategic base’ to oversee offices in Amsterdam, and Malta as well as local operations in Germany, France, and Israel.
-It follows the hire of its first regional SVP & general manager, Manuel Sandhofer who joined from Payoneer, and the acquisition of travel payments company Ixaris.
What does this mean?
“London is our home away from home,” said Prajit Nanu, Founder and CEO at Nium. “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."
