Is Instarem a licensed service provider?

17 Feb 2023
3 mins read
Written by

This article covers:

    Instarem is the trading name of NIUM Pte Ltd, the parent company of NIUM subsidiaries globally. NIUM Pte Ltd is regulated by the Monetary Authority of Singapore as a Major Payment Institution under License No. PS20200276.​


    Australia: Instarem is the trading name of NIUM Pty Ltd, a subsidiary of NIUM Pte Ltd, the parent company of NIUM subsidiaries globally. NIUM Pty Ltd is a registered Remittance Provider with AUSTRAC and holds AFS License No. 464627 and is regulated by ASIC.


    Canada: Instarem is the trading name of NIUM Canada Corporation, a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM Canada Corporation with License No. M15569293 is regulated by the Financial Transactions & Reports Analysis Centre of Canada.


    Hong Kong: Instarem is the trading name of NIUM Limited, a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM Limited is regulated by the Hong Kong Customs and Excise Department with MSO License No. 16-010-01797.


    India: Instarem is the trading name of NIUM India Pvt. Ltd., a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM India Pvt. Ltd. operates in association with SBM Bank and is regulated by the Reserve Bank of India vide its approval dated 24th April 2020.​


    Indonesia: Instarem is the trading name of PT NIUM Mitra Indonesia, a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. PT NIUM Mitra Indonesia, with License No: 21/261/Jkt/1 as a Fund Transfer Operator, is regulated by the Bank Indonesia.


    Japan: Instarem is the trading name of NIUM Japan Kabushiki Kaisha, a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM Japan Kabushiki Kaisha holds Registration No: 00073 with Kanto Local Finance Bureau and is a Type 2 Funds Transfer Services Provider under the Payment Services Act (Act No. 59).


    Lithuania: Instarem is the trading name of UAB NIUM EU, a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. UAB NIUM EU with License No. 14 is regulated by Lietuvos Banks (Bank of Lithuania).​


    Malaysia: Instarem is the trading name of NIUM SDN. BHD., a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM SDN. BHD. with Registration No. 201701000367 (1214517-X) is regulated in Malaysia by the Central Bank of Malaysia under License Number: 00222.


    Singapore: Instarem is the trading name of NIUM Pte Ltd, the parent company of NIUM subsidiaries globally. NIUM Pte Ltd is regulated by the Monetary Authority of Singapore as a Major Payment Institution under License No. PS20200276. ​


    United States of America: Instarem is the trading name of NIUM Inc., a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM Inc. operates in the United States under a program sponsored by Community Federal Savings Bank to which NIUM is a service provider (NMLS ID No. 1528562).​


    UK: Instarem is the trading name of Nium Fintech Limited, a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. Nium Fintech Limited with Reference number 901024 is regulated by the Financial Conduct Authority as an Authorised Electronic Money Institution (EMI) provider and is licensed to issue electronic money (e-money) and provide payment services.

    Send money with ease
    Scan to get the app.
    Download the app.
    QR code image
    About Instarem

    Instarem stands at the forefront of international money transfer services, facilitating fast and secure transactions for both individuals and businesses. Our platform offers competitive exchange rates for popular currency pairs like USD to INR, SGD to INR, and AUD to INR. If you're looking to send money to India or transfer funds to any of 60+ global destinations, Instarem makes it easy for you. We are dedicated to simplifying cross-border payments, providing cutting-edge technology that support individuals and businesses alike in overcoming traditional fiscal barriers normally associated with banks. As a trusted and regulated brand under the umbrella of the Fintech Unicorn Nium Pte. Ltd., and its international subsidiaries, Instarem is your go-to for reliable global financial exchanges. Learn more about Instarem.

    Explore more articles

    Redefining business expense management with the Instarem Business Card
    Business

    Redefining business expense management with the Instarem Business Card

    In today’s fast-moving business landscape, managing expenses with precision and efficiency is no…

    Instarem Business Card Security: How to prevent fraud & stay protected
    Business

    Instarem Business Card Security: How to prevent fraud & stay protected

    We’re not talking about business name cards here—we’re talking about business bank…

    How to transfer a large amount of money with Bendigo Bank in 2025
    Money know-how Remittance

    How to transfer a large amount of money with Bendigo Bank in 2025

    Sending large amounts of money across borders can be complex, but Bendigo Bank makes it…

    How to transfer a large amount of money with Rabobank in 2025
    Money know-how Remittance

    How to transfer a large amount of money with Rabobank in 2025

    Rabobank Australia makes transferring large sums—both domestically and internationally—simple, secure, and reliable. With…

    How to transfer a large amount of money with Bank of Queensland in 2025
    Money know-how Remittance

    How to transfer a large amount of money with Bank of Queensland in 2025

    Sending large amounts of money across borders can be complex, but Bank of Queensland (BOQ…

    How to transfer a large amount of money with Bank First in 2025
    Money know-how Remittance

    How to transfer a large amount of money with Bank First in 2025

    Sending large amounts of money across borders can be complex, but Bank First makes it…

    From high fees to high touch: How TRUVI transformed global payments with Instarem 
    Customer stories

    From high fees to high touch: How TRUVI transformed global payments with Instarem 

    The company TRUVI is a premier luxury travel and lifestyle concierge company specializing in personalized…

    Average salary in Canada 2025: Industrywise per-hour salary
    Expat life

    Average salary in Canada 2025: Industrywise per-hour salary

    When you start looking for a new job or role, the average salary offered by…

    Average salary in Singapore in 2025 – The ultimate guide
    Expat life

    Average salary in Singapore in 2025 – The ultimate guide

    Singapore is one of the most thriving economies in the world. With a booming job…

    How to transfer a large amount of money with DBS in 2025
    Money know-how Remittance

    How to transfer a large amount of money with DBS in 2025

    ​Sending large amounts of money across borders can be complex, but DBS Singapore makes it…

    close icon
    Select location
    Australia flag
    Australia
    Austria flag
    Austria
    Canada flag
    Canada
    France flag
    France
    Germany flag
    Germany
    Hong Kong flag
    Hong Kong
    India flag
    India
    Ireland flag
    Ireland
    Japan flag
    Japan
    Malaysia flag
    Malaysia
    Netherlands flag
    Netherlands
    Singapore flag
    Singapore
    United Kingdom flag
    United Kingdom
    United States of America flag
    United States of America
    close icon
    Select a language
    English (EN)
    close icon

    Change location and language

    You are on our Global website. Select below to change to another location.

    Save changes