Nium Doubles Income in 2022, Intends to Open Amsterdam Workplace

by Jeremy

Nium, a
world chief in real-time funds , has lately named Manuel Sandhofer as its
Senior Vice President and Basic Supervisor for Europe. This announcement comes
within the wake of dynamic development for the corporate within the area.

Sandhofer,
an skilled determine within the fintech sector, comes from Payoneer, bringing a
wealth of expertise of over 15 years within the trade. His monitor report
contains main groups, managing mergers and acquisitions, and scaling world
organizations from their inception to IPO.

The
introduction of Sandhofer is a calculated transfer by Nium, in search of to solidify its
already spectacular development in Europe, an important marketplace for the agency’s world
ambitions. The corporate has skilled a doubling of its European income in
the previous 12 months, contributing to greater than 40% of its whole world earnings. The
firm has skilled an upsurge in its transaction quantity, managing over USD
12 billion yearly. It anticipates one other doubling of its European income in
2023.

“Nium’s
persistence in a difficult macroeconomic local weather in Europe is commendable.
With steady hiring, buyer acquisition, product suite growth, and
market penetration, Manuel is the proper match to steer this development,”
Prajit Nanu, the CEO and Founder at Nium, expressed. “In Manuel, now we have
discovered a pacesetter whose expertise and confirmed monitor report align completely with
our imaginative and prescient.”

Amsterdam Enlargement Plans

The corporate
desires to broaden its presence in Amsterdam later this 12 months. This growth
contains the intent to open an workplace and rent over 50 new staff. Latest
developments in its payroll answer have positioned Nium to supply seamless
world fee and administration companies to companies worldwide.

Manuel Sandhofer

“Watching
Nium remodel from a disruptive newcomer to the go-to platform for real-time
world funds in Europe has been thrilling. The potential for companies in
Europe is immense, particularly in areas like payroll, spend administration,
market, and journey. I stay up for unlocking this potential for our
clients,” Sandhofer shared his enthusiasm about his new position.

Nium Hires and Bets on
Crypto

In January, the fee infrastructure firm strengthened its management by appointing Sharon Gal Franko because the Basic Supervisor of Israel and Vice President of World Partnerships.

“I’m tremendous excited to announce that I’ve joined Nium, the worldwide chief within the on-demand cash motion, as Basic Supervisor of Israel and Vice President of World Partnerships!” Franko wrote in a Linkedin put up.

Final 12 months,
Nium additional solidified its world presence by increasing its real-time fee
companies in Malaysia, permitting the corporate to course of over 75% of its world
transactions in actual time.

On the final
12 months’s Bitcoin Convention, Nium unveiled Crypto Settle for, an revolutionary product
that empowers companies globally to simply accept cryptocurrency funds. Within the
meantime, the corporate launched a groundbreaking Crypto-as-a-Service (CaaS)
answer
, permitting monetary establishments so as to add in-demand crypto
funding options by APIs.

The corporate’s
platform helps 100 currencies and operates in 190+ markets, with real-time
performance in 100 of them. Nium, licensed in over 40 nations, gives swift
onboarding and compliance, regardless of location. With twin headquarters in
San Francisco and Singapore and a number of other regional places of work, Nium is a globally
trusted fee answer.

Nium, a
world chief in real-time funds , has lately named Manuel Sandhofer as its
Senior Vice President and Basic Supervisor for Europe. This announcement comes
within the wake of dynamic development for the corporate within the area.

Sandhofer,
an skilled determine within the fintech sector, comes from Payoneer, bringing a
wealth of expertise of over 15 years within the trade. His monitor report
contains main groups, managing mergers and acquisitions, and scaling world
organizations from their inception to IPO.

The
introduction of Sandhofer is a calculated transfer by Nium, in search of to solidify its
already spectacular development in Europe, an important marketplace for the agency’s world
ambitions. The corporate has skilled a doubling of its European income in
the previous 12 months, contributing to greater than 40% of its whole world earnings. The
firm has skilled an upsurge in its transaction quantity, managing over USD
12 billion yearly. It anticipates one other doubling of its European income in
2023.

“Nium’s
persistence in a difficult macroeconomic local weather in Europe is commendable.
With steady hiring, buyer acquisition, product suite growth, and
market penetration, Manuel is the proper match to steer this development,”
Prajit Nanu, the CEO and Founder at Nium, expressed. “In Manuel, now we have
discovered a pacesetter whose expertise and confirmed monitor report align completely with
our imaginative and prescient.”

Amsterdam Enlargement Plans

The corporate
desires to broaden its presence in Amsterdam later this 12 months. This growth
contains the intent to open an workplace and rent over 50 new staff. Latest
developments in its payroll answer have positioned Nium to supply seamless
world fee and administration companies to companies worldwide.

Manuel Sandhofer

“Watching
Nium remodel from a disruptive newcomer to the go-to platform for real-time
world funds in Europe has been thrilling. The potential for companies in
Europe is immense, particularly in areas like payroll, spend administration,
market, and journey. I stay up for unlocking this potential for our
clients,” Sandhofer shared his enthusiasm about his new position.

Nium Hires and Bets on
Crypto

In January, the fee infrastructure firm strengthened its management by appointing Sharon Gal Franko because the Basic Supervisor of Israel and Vice President of World Partnerships.

“I’m tremendous excited to announce that I’ve joined Nium, the worldwide chief within the on-demand cash motion, as Basic Supervisor of Israel and Vice President of World Partnerships!” Franko wrote in a Linkedin put up.

Final 12 months,
Nium additional solidified its world presence by increasing its real-time fee
companies in Malaysia, permitting the corporate to course of over 75% of its world
transactions in actual time.

On the final
12 months’s Bitcoin Convention, Nium unveiled Crypto Settle for, an revolutionary product
that empowers companies globally to simply accept cryptocurrency funds. Within the
meantime, the corporate launched a groundbreaking Crypto-as-a-Service (CaaS)
answer
, permitting monetary establishments so as to add in-demand crypto
funding options by APIs.

The corporate’s
platform helps 100 currencies and operates in 190+ markets, with real-time
performance in 100 of them. Nium, licensed in over 40 nations, gives swift
onboarding and compliance, regardless of location. With twin headquarters in
San Francisco and Singapore and a number of other regional places of work, Nium is a globally
trusted fee answer.



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