BizPay converts existing card limits into working capital for businesses; creates differentiated value for banks looking to increase usage of credit cards   SINGAPORE, 7 July 2020 – Instarem, the consumer and SMB brand under global fintech platform Nium announced the launch of SMB fintech solution BizPay in Australia. BizPay utilises credit limits in corporate cards and converts them into working capital to help businesses make payments, including commercial rent, utilities or other supplier payments. The announcement comes ...

Qualified migrant workers who are remitting funds back to India through the InstaReM platforms shall be eligible to add SGD 20 (approximately INR 1,000) from the Fund to remittance   SINGAPORE, 2 July 2020 – Instarem, the consumer and SME brand under global financial technology platform Nium, and the Indian Institute of Technology Alumni Association Singapore (IITAAS) announced today the establishment of a new Fund of SGD 20,000 that will ...

BizPay, the new service by Instarem converts existing card limits into working capital for businesses; creates differentiated value for banks looking to increase usage of credit cards  SINGAPORE, 17 June 2020 – Instarem, the consumer and SME brand under global fintech platform Nium announced today the launch of a new service that helps Singaporean SMEs maximise their cash flow. The service, termed BizPay, utilises credit limits in corporate cards and converts ...

New investors include Visa and BRI Ventures SINGAPORE, 6 May 2020 – Global fintech platform Nium announced its latest fundraise today. Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. The ...

Partnership allows customers to credit money to the receiver’s UnionPay card account in real-time SINGAPORE, 21 April 2020 – Global fintech platform NIUM has partnered with Geoswift, an innovative payment technology company connecting China and the rest of the world, to enable overseas customers to remit money into China. The tie up allows NIUM’s customers ...

Leading digital cross-border payments provider, InstaReM, is rebranding to become part of Nium, a world first global enterprise payments platform. Nium is the world’s first platform to enable businesses to send, spend and receive money around the world, whilst also empowering them to build their own products. The team behind InstaReM has been gearing up ...

The partnership with InstaReM makes international payments for Airpay customers hassle-free Mumbai/Singapore, 1 October 2019: Mumbai-based Airpay Payment Services, India’s only omni-channel payments platform, has announced a partnership with InstaReM, one of the world’s fastest-growing digital cross-border payments companies, to launch “FX Payment”, an international payments solution for its merchants. Airpay’s “FX payment” is an ...

London/ Vancouver/ Singapore, September 18, 2019 – InstaReM, the global digital cross-border payments provider has launched its services in Canada, solidifying its presence in North America. InstaReM offers quick, convenient, and cost-effective digital cross-border money transfers to individuals and businesses globally. InstaReM is registered as a Money Service Business with the Financial Transactions and Reports ...

InstaReM to power SBI Remit’s and SBI Cosmoney’s cross-border payments to select markets Singapore, 10 September 2019: InstaReM, a leading global financial payments infrastructure company, has announced that it will now power real-time cross-border payments for the clients of the SBI Remit and SBI Cosmoney, part of one of Asia’s leading payments companies, across select ...