Nium, formerly InstaReM, was founded in 2015 with a vision to simplify the cross-border remittance experience. While continuing to be an expert in remittances, the team behind InstaReM expanded and scaled its offerings to meet the needs of the Financial Institutions, Enterprises and other payment service providers. These capabilities come together to form the Open Money Network, an innovative technology and compliance infrastructure that makes sending, spending and receiving money across borders faster, more transparent and better integrated with our clients’ needs. Today, customers can use this banking-as-a-service platform as a single connection that bridges the gaps in today’s global financial infrastructure. Nium’s network is powered by our portfolio of licenses, hard-earned by building trust with financial regulators in over 38 countries. In addition to our ability to send payments anywhere in the world, we offer enhanced real-time payment capabilities in 55 countries. This combination of regulatory and tech assets is unique to Nium and is at the core of our unique value proposition.