NIUM / Instarem for Platforms

About

Instarem is a cross-border money transfer brand operated by Nium Pte. Ltd. and its subsidiaries, serving individuals and businesses. It started in Asia-Pacific in 2014 and offers consumer transfers to more than 60 countries, while its business service supports payments to suppliers, employees and partners in over 160 countries. Business use cases highlighted on its site include payroll, supplier and freight payments, intra-company transfers and payouts for SaaS platforms and marketplaces. Instarem states that it is licensed and regulated in 11 jurisdictions, and in the UK, Nium Fintech Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (reference 901024). Business customer stories on its site include Aniday, MOBI Asia and Lovet.