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Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series E
Total Funding
$314M
Headquarters
San Francisco, California
Founded
2016
Nium specializes in real-time payments, providing a platform that allows businesses to send and receive funds instantly, manage foreign exchange transactions, and prevent fraud. Its services cater primarily to banks, fintech companies, and money service businesses that require efficient cross-border money movement. Nium stands out in the global payments market by offering competitive foreign exchange rates, direct debit options, and solutions for corporate purchasing and supplier payments, which help businesses streamline operations and enhance profitability. The platform is powered by a proprietary API, enabling easy integration of Nium's services into existing systems for quick and efficient money transfers. The company's goal is to facilitate seamless global money movement while charging fees for its various services, including payment processing and fraud mitigation.
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Total Funding
$314M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
Health Insurance
Hybrid Work Options
Paid Vacation
Performance Bonus
Stock Options
Professional Development Budget
Mental Health Support
If the past 12 months have taught us. anything, it’s that things move fast in the world of artificial intelligence. (AI). So, it was really only a matter of time before shopping made it onto the
A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a surge in instant payment capabilities across the globe, as announcements focus on bringing faster payments to new use cases for consumers and businesses. The moves to broaden the reach of the payments themselves across the global stage are being driven by a combination of FinTech innovation, partnerships and infrastructure upgrades
Nium, a cross-border payment unicorn, has secured $2 million in capital by allotting preference shares to Endeavor Catalyst IV, the global co-investment fund of US-based entrepreneurship organization Endeavor.
Nium has secured $2m in capital through the allotment of preference shares to Endeavor Catalyst IV.
Here's our roundup of the people, product and partner news from the global travel industry this week.SIHOT, smartphone walletsSihot, a hotel management system, has introduced digitized booking information, allowing guests to add hotel reservations to Apple or Google Wallets.The system is meant to simplify check-ins by offering seamless integration with Sihot’s platforms, including SIHOT.PMS and Sihoh.Kiosk, enabling guests to access booking details via QR codes.This development enhances operational efficiency while improving the guest experience by reducing check-in queues and eliminating the need to search for email confirmations.Sihot’s CEO Carsten Wernet said the innovation provides instant access to reservation details, streamlining the guest journey from arrival to check-in.Visit Group appoints new CEOVisit Group, a hospitality software-as-a-service provider in Northern Europe, has appointed Richard Wiegmann as CEO.Wiegmann, a veteran of travel technology with leadership experience at Amadeus, Sabre and Expedia, has been appointed to help drive the company’s next phase of growth and innovation.Former CEO James Dixon will transition to chief operating officer. Wiegmann’s leadership is expected to enhance Visit Group’s global expansion and product offerings, positioning the company for future success.HiJiffy, Expedia GroupHiJiffy, which provides artificial intelligence-powered communication for hotels, has partnered with Expedia Group to streamline the management of traveler messages.The integration allows hoteliers to manage all Expedia Group communications directly through HiJiffy’s console.With features like access to conversation history, real-time alerts and message attachments, hotel staff should be able to focus on delivering a personalized guest experience.Tiago Araújo, HiJiffy’s co-founder and CEO said hotels would boost efficiency by centralizing guest interactions.Tourism Tribe, MagpieTourism Tribe has partnered with Magpie to launch an AI-powered platform for Australian tourism operators, aimed at saving time and boosting visibility.The platform automates the distribution of product content across major resellers like Google, Viator, GetYourGuide and Expedia, eliminating manual updates.It also offers features like AI-driven content updates, seamless integration with Google Things to Do, review management and built-in Google Analytics tracking.Already established in the United States and Europe, Magpie helps operators save time, improve rankings and increase direct bookings.Civitatis names chief product officerCivitatis has appointed Andres Spitzer, a former Amazon executive, as chief product officer to help drive growth.Spitzer, who brings experience in product development to the role, is set to focus on enhancing scalability, expanding B2B and B2C growth and improving customer experiences.Alberto Gutiérrez, CEO of Civitatis said Spitzer’s expertise in scaling complex sectors will strengthen Civitatis’ partnerships and global footprint.Sercotel, OracleSercotel, is leveraging Oracle's OPERA Cloud PMS and Oracle Simphony Cloud POS to support its international growth.The Spain-based hotel chain, which has 77 properties, benefits from centralized management, standardized processes and better integration with existing systems.Oracle Cloud enables unified guest profiles, personalized experiences and operational efficiency. The scalable infrastructure simplifies hotel tasks, improves room service and accelerates system implementation for new openings.Oracle’s cloud technology will also help Sercotel to provide innovative, tech-driven guest experiences as it expands.Riskline appoints new CEOTravel risk intelligence company Riskline has appointed Suzanne Sangiovese as CEO.With more than a decade at the company, most recently as director of travel and technology, Suzanne succeeds founder Kennet Nordlien, who transitions to executive chairman.As CEO, Sangiovese will focus on driving Riskline’s strategic vision, enhancing financial performance and fostering innovation. She aims to strengthen strategic partnerships and expand the company’s presence in new markets.Her appointment also highlights Riskline’s commitment to promoting gender diversity in travel tech, with women still underrepresented in leadership roles in the sector.Seeru launches B2B travel marketplaceSeeru has launched its B2B travel marketplace, targeting corporate travel buyers, online travel agencies and businesses in emerging markets.The technology, which was unveiled at Web Summit Qatar aims to simplifies access to global travel inventory via a single dashboard and API, securing partnerships in seven countries and driving rapid growth.Seeru's CEO, Mansi said the platform will digitize offline markets, automate workflows and reduce costs. Seeru plans to expand its services, including hotel bookings, by the end of 2025.Wheel the World accessible tourismWheel the World and TravelAbility have partnered with Lynn Osmond, former CEO of Choose Chicago, to promote accessible tourism across United States destinations.The initiative aims to cater to the growing market of travelers with disabilities, enhancing visitor experiences while boosting local economies.Osmond, who brings a wealth of tourism leadership experience, became passionate about accessible travel after her husband’s diagnosis of an aggressive form of Parkinson’s. She will focus on an end-to-end accessibility solution.Curator Hotels, FreshAir SensorCurator Hotel & Resot Collection has partnered with indoor air quality (IAQ) monitoring specialist FreshAir Sensor.The partnership aims to enhance the guest experience and create new revenue opportunities through the introduction of FreshAir Certified rooms.The initiative allows Curator hotels to improve IAQ, differentiate themselves in a competitive market and unlock ancillary revenue streams.“We’re excited to offer our members cutting-edge air quality solutions,” said Brent Hayhurst, vice president of program development for Curator.Nium, G2 TravelNium has partnered with G2 Travel to streamline global hotel payments through virtual cards.The partnership allows G2 Travel to pay its hotel partners using Nium’s Visa and Mastercard-accepted virtual cards, available in more than 20 currencies.The collaboration aims to improve payment speed, reduce fraud and enhance cash flow for hotels
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Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series E
Total Funding
$314M
Headquarters
San Francisco, California
Founded
2016
Find jobs on Simplify and start your career today