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Full-Time

Sde I

Updated on 9/3/2024

Nium

Nium

501-1,000 employees

Global fintech for real-time payment solutions

Data & Analytics
Consulting
Fintech
Crypto & Web3
Financial Services

Compensation Overview

$112k - $154kAnnually

+ Performance Bonus + Sales Commissions

Entry, Junior

San Francisco, CA, USA

Category
Backend Engineering
Software Engineering
Required Skills
Python
Java
Go
Requirements
  • 1-2 years of backend engineering experience, recommended not required.
  • Experience building and operating highly available backend distributed systems
  • Proficiency in at least one of Java, Python, C++, C#, Golang
  • Strong communication (written and verbal) and interpersonal skills
  • Thrive in a collaborative and fast-paced environment
  • Passion for turning business and product ideas into engineering solutions
Responsibilities
  • Deliver and own large features end-to-end
  • Collaborate with our product team to deliver high impact for our customers
  • Proactively identify ways to monitor the quality, reliability, and security of our systems
  • Abide by engineering best practices

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 to banks, fintech companies, and money service businesses that require efficient cross-border money movement. Nium offers 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. Unlike many competitors, Nium focuses on real-time global money movement and charges fees for its services, including payment processing and fraud mitigation. The goal of Nium is to optimize financial transactions for businesses, making them faster and more secure.

Company Stage

Series D

Total Funding

$265M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-6%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Being named among the 'World's Top Fintech Companies 2024' by CNBC highlights Nium's industry leadership and growth potential.
  • The appointment of Spencer Hanlon as COO signals a strong commitment to global expansion and operational excellence.
  • Collaborations with major entities like Air France, KLM, and BS2 Bank demonstrate Nium's ability to secure high-profile partnerships, enhancing its market position.

What critics are saying

  • The fintech sector's volatility, as seen with fluctuating investor interest, could impact Nium's financial stability.
  • Complexities in foreign exchange management for global marketplaces may pose operational challenges.

What makes Nium unique

  • Nium's proprietary API allows seamless integration of real-time payment solutions into existing systems, setting it apart from competitors with less flexible platforms.
  • The company's focus on real-time cross-border payments and competitive foreign exchange rates provides a unique value proposition in the global payments market.
  • Nium's strategic partnerships with major airlines and banks enhance its credibility and expand its reach in specialized sectors like travel and LATAM banking.