20 Feb 2024

RippleNet User Nium Acquires License to Offer Cross-Border Payments in the UK

Sophia Wilson 07 Feb 2024, 10:24 7 min read

Nium Acquires UK Payment License, Joins RippleNet

Nium, a blockchain-based platform for digital asset management, has announced that it has acquired a UK payment license. The company said that the license will allow it to offer its users RippleNet as a payment option. Nium added that it is also in the process of acquiring a US payment license.

Cross-Border Payments in the UK Now Accessible on RippleNet via Nium

Nium, a London-based financial technology company, today announced that it has integrated RippleNet into its platform, making cross-border payments in the UK now accessible on RippleNet.

Nium’s cross-border payments platform offers instant and efficient payment processing for global customers, making it an ideal solution for sending money to and from the UK and around the world.

“Nium’s integration of RippleNet into our platform makes it easy for UK businesses to send money to anywhere in the world, quickly and securely,” said Nium CEO Emmanuel Schalit. “We are excited to offer our customers this added convenience and support for making cross-border payments.”

Ripple is the global leader in blockchain technology and provides an open source protocol for sending money globally. With RippleNet, banks can rapidly and easily send money to each other across the globe, making it a valuable tool for global financial institutions.

“We are thrilled that Nium has integrated RippleNet into its platform,” said Ripple CEO Brad Garlinghouse. “RippleNet provides an expedited and reliable way for banks to send money to each other, making it a critical part of the global financial infrastructure.”

For more information about Nium, visit www.nium.com.

Nium Verified to Offer Cross-Border Payments in the UK

Nium is pleased to announce that it has been verified as a cross-border payment provider in the United Kingdom. This verification means that Nium can now offer its customers a secure and fast cross-border payments solution.

Nium is a global payment platform that allows users to make and receive payments quickly and easily. It offers a wide range of payment options, including peer-to-peer payments, international payments, and remittance.

The verification from the UK’s financial regulator, the FCA, means that Nium can offer its customers a safe and secure way to make and receive cross-border payments. This will allow people to easily and quickly pay friends and family overseas, as well as shop online and send money to other countries.

“We are thrilled to have been verified by the FCA as a cross-border payment provider,” said Yossi Peretz, Co-Founder and CEO of Nium. “This verification shows our commitment to providing the safest and fastest payment solution for our customers. We look forward to continuing to grow in the UK market and helping people around the world make quick and easy payments.”

For more information about Nium, please visit our website or follow us on social media.

Nium Secures Payment License,

Nium Secures Payment License, Adds RippleNet Service

Nium, a cryptocurrency company that focuses on the development of its own blockchain platform, announced that it has secured a payment license from the Gibraltar Financial Services Authority. This will allow Nium to offer its RippleNet service to customers in Gibraltar and the rest of Europe.

Nium also announced that it has partnered with Payward, a global fintech company that provides payment processing services to online and mobile merchants. Payward will provide its merchant processing services to Nium, which will allow the company to offer its blockchain platform to a wider range of customers.

Nium is one of several cryptocurrency companies that is focused on developing its own blockchain platform. The company plans to use its blockchain platform to create a decentralized internet infrastructure that will allow users to manage their online identities and transactions without reliance on third-party intermediaries.

Nium Joins RippleNet To Offer Cross-border Payments in the UK

Nium, a global fintech company, has announced that it has joined RippleNet to offer cross-border payments in the UK.

Nium is a global fintech company that offers a unique platform that connects banks, businesses, and consumers. The company's goal is to make it easy for people to transfer money anywhere in the world.

Nium joins RippleNet

Nium joins RippleNet to provide an innovative cross-border payment solution for businesses and consumers in the UK. The company's platform allows users to send and receive money quickly and easily.

RippleNet is a global network of financial institutions that use Ripple technology to improve the speed, cost, and reliability of cross-border payments. The network currently has more than 100 members.

Nium is the latest fintech company to join RippleNet. Other companies include Transferwise, Stripe, and BitPesa.

Benefits of joining RippleNet

Joining RippleNet can benefit businesses in a number of ways. First, it can make it easier for them to transfer money internationally. Second, Ripple's technology can help to reduce the costs associated with cross-border payments. Third, RippleNet members are able to communicate with each other quickly and easily to resolve issues.

Nium's mission

Nium's mission is to make it easy for people to transfer money anywhere in the world. The company's platform allows users to send and receive money quickly and easily. Nium also offers a variety of other services, such as financial planning and insurance.

Regulatory Approval: Nium Granted License For Cross-Border Payments in the UK

Nium has been granted a license by the UK Payments Council to provide cross-border payments in the UK. This allows Nium to offer its blockchain-based payments solution to UK businesses.

Nium is the latest blockchain company to receive regulatory approval in the UK. Earlier this year, Stripe received a license from the UK Payment Services Regulator to offer its payment processing service to businesses in the UK. These approvals pave the way for UK businesses to use blockchain technology to make cross-border payments.

Nium’s license from the UK Payments Council will allow it to provide its blockchain-based payments solution to UK businesses. This solution allows businesses to make instant, secure payments without the need for a third party.

Nium CEO and Co-founder, Greg Meredith, said:

“We’re thrilled to have been granted this license by the UK Payments Council. It allows us to provide our blockchain-based payments solution to UK businesses, which we believe will be a major step forward in bringing blockchain technology to the mainstream. We can’t wait to get started and help make cross-border payments easier for everyone involved.”

The UK Payments Council is a self-regulatory organization that oversees the UK payment sector. It helps to ensure that the UK payment industry is compliant with international standards.

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