Nium, a
global leader in real-time payments , has recently named Manuel Sandhofer as its
Senior Vice President and General Manager for Europe. This announcement came in the wake of dynamic growth for the company in the region.
Sandhofer,
an experienced figure in the fintech sector, comes from Payoneer and brings a
wealth of 15 years of experience in the industry. His track record
includes leading teams, managing mergers and acquisitions, and scaling global
organizations from their inception to IPO.
The
introduction of Sandhofer is a calculated move by Nium, seeking to solidify its
already impressive growth in Europe, a crucial market for the firm’s global
ambitions. The company has experienced a doubling of its European revenue in
the past year, contributing to more than 40% of its global earnings. The
company has experienced an upsurge in its transaction volume, managing over USD
12 billion annually. It anticipates another doubling of its European revenue in
2023.
“Nium’s
persistence in a challenging macroeconomic climate in Europe is commendable.
With continuous hiring, customer acquisition, product suite expansion, and
market penetration, Manuel is the perfect fit to lead this progression,”
Prajit Nanu, the CEO and Founder at Nium, expressed. “In Manuel, we have
found a leader whose experience and proven track record align perfectly with
our vision.”
📢 We’re pleased to welcome Manuel Sandhofer as our new SVP & GM, Europe! Enabling Nium to accelerate our growth, he brings over a decade of #fintech-focused expertise in building teams, leading M&A integrations, & scaling global organizations.
Read more:https://t.co/82SGg8xyoYpic.twitter.com/CYOxZ6Drv4
— Nium (@NiumGlobal) June 5, 2023
Amsterdam Expansion Plans
The company
wants to broaden its presence in Amsterdam later this year. This expansion
includes the intent to open an office and hire over 50 new employees. Recent
advancements in its payroll solution have positioned Nium to offer seamless
global payment and management services to businesses worldwide.
Manuel Sandhofer
“Watching
Nium transform from a disruptive newcomer to the go-to platform for real-time
global payments in Europe has been exciting. The potential for businesses in
Europe is immense, especially in areas like payroll, spend management,
marketplace, and travel. I look forward to unlocking this potential for our
customers,” Sandhofer shared his enthusiasm about his new role.
Nium Hires and Bets on
Crypto
In January, the payment infrastructure company strengthened its leadership by appointing Sharon Gal Franko as the General Manager of Israel and Vice President of Global Partnerships.
“I am super excited to announce that I have joined Nium, the global leader in the on-demand money movement, as General Manager of Israel and Vice President of Global Partnerships!” Franko wrote in a Linkedin post.
Last year,
Nium solidified its global presence by expanding its real-time payment
services in Malaysia, allowing the company to process over 75% of its global
transactions in real-time.
At last
year’s Bitcoin Conference, Nium unveiled Crypto Accept, an innovative product
that empowers businesses globally to accept cryptocurrency payments. In the
meantime, the company launched a groundbreaking Crypto-as-a-Service (CaaS)
solution, allowing financial institutions to add in-demand crypto
investment features through APIs.
The company’s
platform supports 100 currencies and operates in 190+ markets, with real-time
functionality in 100 of them. Nium, licensed in over 40 countries, offers swift
onboarding and compliance, irrespective of location. With dual headquarters in
San Francisco and Singapore and several regional offices, Nium is a globally
trusted payment solution.
Nium, a
global leader in real-time payments , has recently named Manuel Sandhofer as its
Senior Vice President and General Manager for Europe. This announcement came in the wake of dynamic growth for the company in the region.
Sandhofer,
an experienced figure in the fintech sector, comes from Payoneer and brings a
wealth of 15 years of experience in the industry. His track record
includes leading teams, managing mergers and acquisitions, and scaling global
organizations from their inception to IPO.
The
introduction of Sandhofer is a calculated move by Nium, seeking to solidify its
already impressive growth in Europe, a crucial market for the firm’s global
ambitions. The company has experienced a doubling of its European revenue in
the past year, contributing to more than 40% of its global earnings. The
company has experienced an upsurge in its transaction volume, managing over USD
12 billion annually. It anticipates another doubling of its European revenue in
2023.
“Nium’s
persistence in a challenging macroeconomic climate in Europe is commendable.
With continuous hiring, customer acquisition, product suite expansion, and
market penetration, Manuel is the perfect fit to lead this progression,”
Prajit Nanu, the CEO and Founder at Nium, expressed. “In Manuel, we have
found a leader whose experience and proven track record align perfectly with
our vision.”
📢 We’re pleased to welcome Manuel Sandhofer as our new SVP & GM, Europe! Enabling Nium to accelerate our growth, he brings over a decade of #fintech-focused expertise in building teams, leading M&A integrations, & scaling global organizations.
Read more:https://t.co/82SGg8xyoYpic.twitter.com/CYOxZ6Drv4
— Nium (@NiumGlobal) June 5, 2023
Amsterdam Expansion Plans
The company
wants to broaden its presence in Amsterdam later this year. This expansion
includes the intent to open an office and hire over 50 new employees. Recent
advancements in its payroll solution have positioned Nium to offer seamless
global payment and management services to businesses worldwide.
Manuel Sandhofer
“Watching
Nium transform from a disruptive newcomer to the go-to platform for real-time
global payments in Europe has been exciting. The potential for businesses in
Europe is immense, especially in areas like payroll, spend management,
marketplace, and travel. I look forward to unlocking this potential for our
customers,” Sandhofer shared his enthusiasm about his new role.
Nium Hires and Bets on
Crypto
In January, the payment infrastructure company strengthened its leadership by appointing Sharon Gal Franko as the General Manager of Israel and Vice President of Global Partnerships.
“I am super excited to announce that I have joined Nium, the global leader in the on-demand money movement, as General Manager of Israel and Vice President of Global Partnerships!” Franko wrote in a Linkedin post.
Last year,
Nium solidified its global presence by expanding its real-time payment
services in Malaysia, allowing the company to process over 75% of its global
transactions in real-time.
At last
year’s Bitcoin Conference, Nium unveiled Crypto Accept, an innovative product
that empowers businesses globally to accept cryptocurrency payments. In the
meantime, the company launched a groundbreaking Crypto-as-a-Service (CaaS)
solution, allowing financial institutions to add in-demand crypto
investment features through APIs.
The company’s
platform supports 100 currencies and operates in 190+ markets, with real-time
functionality in 100 of them. Nium, licensed in over 40 countries, offers swift
onboarding and compliance, irrespective of location. With dual headquarters in
San Francisco and Singapore and several regional offices, Nium is a globally
trusted payment solution.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Minting the Future w Adryenn Ashley. Access Here.
- Buy and Sell Shares in PRE-IPO Companies with PREIPO®. Access Here.
- Source: https://www.financemagnates.com//fintech/nium-doubles-revenue-in-2022-intends-to-open-amsterdam-office/
