Singapore · Payments & e-money
Nium PTE. LTD.
Nium Pte. Ltd. is a private limited company incorporated in Singapore under company number 201422465R. The Monetary Authority of Singapore (MAS) licenses it as a major payment institution under the Payment Services Act 2019, licence PS20200276. It heads the privately held, venture-backed Nium group, which operates through licensed subsidiaries in other countries. It provides cross-border payouts, multi-currency accounts, card issuing and FX conversion to businesses, mostly through platforms that integrate its services.
Licences and registrations
Held by Nium PTE. LTD.. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| MAS Financial Institutions Directory - Major Payment InstitutionMonetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | Singapore | Active | — | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Venture-backed
Firm type
Payment infrastructure
Trades as Nium
- Ownership
- The firm is privately held and heads the Nium group, and its named investors include Vertex, BOND, Visa, NewView Capital and Temasek.
- Head office
- 168 Robinson Road, #18-03/04 Capital Tower, 068912 Singapore, Singapore
- Company register
- ACRA UEN 201422465R
- Founders
- Prajit Nanu · Michael Bermingham
Online
- Websites & references
- nium.com ↗
docs.nium.com ↗ developer documentation
app.nium.com ↗ customer web portal
nium.trustcenter.sprinto.com ↗ security and compliance trust centre
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · YouTube ↗
Sources · 15 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/200939-NIUM-PTE-LTD
- nium.com/licenses
- nium.com/legal/end-customer-terms
- nium.com/legal
- nium.com/about-us
- nium.com/newsroom/nium-receives-new-payments-licence-privileges-from-the-monetary-authority-of-sin
- nium.com/newsroom/nium-raises-us50-million-in-series-e-round-to-expand-real-time-payments-global-i
- nium.com/newsroom/nium-launched-stablecoin-card-issuance-platform
- prnewswire.com/news-releases/nium-names-new-c-suite-hires-to-lead-next-era-of-global-payments-infrastruc
- prnewswire.com/apac/news-releases/visa-joins-mas-led-bloom-initiative-to-connect-traditional-payments-an
- mm.nh.gov/files/uploads/doj/remote-docs/nium-20251211.pdf
- thestar.com.my/aseanplus/aseanplus-news/2024/03/05/shell-companies-in-spore-linked-to-money-laundering-o
- aninews.in/news/national/general-news/ed-freezes-rs-123-cr-of-singapore-based-shell-firms-parked-in-
- pymnts.com/news/ipo/2024/nium-reportedly-putting-ipo-plans-on-hold/
- en.wikipedia.org/wiki/Nium
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
MAS licenses the firm as a major payment institution under the Payment Services Act 2019. The licence covers account issuance, domestic and cross-border money transfer, merchant acquisition and e-money issuance. Its terms state that it issues payment cards in Singapore as a member of the relevant card networks.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution | PS20200276 | In its own name | Active | eservices.mas.gov.sg ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsNium states that it safeguards customers' available balances in settlement accounts under the Payment Services Act 2019, segregated from its operating funds.
- Crypto-asset custody
- Not disclosedThe Nium group offers stablecoin payouts, stablecoin funding and stablecoin-backed cards. The MAS register lists no digital payment token service for this entity, and the firm does not say which entity holds stablecoins or how it holds them.
- Payment schemes and card networks
- Visa Direct nium.com ↗
Mastercard Direct nium.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
Nium says it sends payouts to more than 190 countries and issues physical and virtual cards. It also offers FX conversion and stablecoin payout and funding services to businesses in travel, payroll, marketplaces, spend management and financial services.
The firm provides services in Singapore under its MAS licence. Nium group subsidiaries serve other markets under their own licences in Australia, Brazil, Canada, the EEA, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the United Kingdom and the United States.
- Payment volume
- USD 60bnannual transaction volume (stated as USD 60+ billion)
- Sells to
- Platforms and marketplaces · Financial institutions · Enterprises
- Serves customers in
- Singapore
- Latest funding round
- Series E · USD 50m Jun 2024
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Prajit Nanu Founder and CEO
- Chief financial officer
- Andre Mancl Chief Financial Officer
- Compliance / MLRO
- Amaresh Mohan Chief Risk and Compliance Officer
- Executive
- Spencer Hanlon Chief Operating Officer
- Executive
- Sekhar Cidambi Chief Technology Officer
- Executive
- Anupam Pahuja Chief Business Officer
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Other
Visa named Nium as its first partner to pilot stablecoin settlement under BLOOM, an initiative led by MAS.
prnewswire.com ↗ -
Leadership
Nium appointed Sekhar Cidambi as CTO, Amaresh Mohan as Chief Risk and Compliance Officer and Danielle Gotkis as CMO.
prnewswire.com ↗ -
Security incident
Nium, Inc., the US group company, notified US state authorities that unauthorised access on 3 November 2025 led to customer data being downloaded.
mm.nh.gov ↗ -
Leadership
Nium appointed Andre Mancl as Chief Financial Officer and said it now planned its initial public offering for 2026.
pymnts.com ↗ -
Funding
Nium raised USD 50 million in a Series E round led by a Southeast Asian sovereign wealth fund at a USD 1.4 billion valuation.
nium.com ↗ -
Investigation
India's Enforcement Directorate froze INR 1.23 billion in Nium India accounts, alleging laundering routed to Nium Singapore. Nium said the Singapore entity was not under investigation.
thestar.com.my ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Elucidate firm ID
- dce586c65ea7
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Money remittance
- Payment services
- Card acquiring
- E-money / stored value
- Licensed in
- Singapore · East Asia & Pacific
- First registered
- Not published
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Addresses
- Address on the register
- 168 ROBINSON ROAD #18-03/04 CAPITAL TOWER 068912, Singapore, 068912
- Country
- Singapore
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<Nm>NIUM PTE. LTD.</Nm>
<PstlAdr>
<PstCd>068912</PstCd>
<TwnNm>Singapore</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>168 ROBINSON ROAD #18-03/04 CAPITAL</AdrLine>
<AdrLine>TOWER 068912</AdrLine>
</PstlAdr>
</FinInstnId>- The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- MAS Financial Institutions Directory - Major Payment Institution—Monetary Authority of Singapore (MAS) · source ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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