Nium has opened a new European headquarters in London to accelerate the company’s expansion and affirm its commitment to the UK as a leading fintech hub.
The global payments company has opened its new European headquarters in London to reflect its market position and the country’s increasing demand for real-time payment services. The office will also provide a base for Nium to continue to serve its customers and co-ordinate its presence across Europe.
“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,” said Prajit Nanu, Founder and CEO at Nium.
“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.”
Over the last three years, Nium has been investing in its growth strategy in Europe via M&A, talent acquisition, and intended product innovation. In 2021, it acquired travel payments company Ixaris and recently hired ex-Payoneer SVP, Manuel Sandhofer, as General Manager to run and expand regional operations.
As of today, Nium has European offices in London, Amsterdam, and Malta with local operations in Germany, France, and Israel.
Sandhofer 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.”
Speaking to Payment Expert at Fintech Week London last June, Nium VP of Customer Success EMEA, Jill Docherty, shared further insight into how the payment company intends to build upon its growth.
She said: “We are super excited about our current growth trajectory in Europe. It is not a new market entry for Nium; we’ve been here for a number of years building on our global success in APAC and the US.”