Instarem CEO Prajit Nanu shares the story of how an ‘inconvenience’ gave birth to a more cost-effective and faster way to transfer money overseas.
In today’s always-connected, 24/7 world, cumbersome payment processes do not wash with us. We believe in technology and its ability to eliminate overseas complexities and make things simple for our customers.
Global travel has made nomads of millions of us. Enriching our lives with new experiences and cultures. Wherever and whenever you go, we feel passionately that you should be able to rely on one constant – total control of how you send and receive money globally.
We started out in 2014 with one simple aim – to make it more cost-effective and easier for everyone to make currency transfers around the world. Thankfully, we’re still doing that today – and more. Our technology is empowering people to do more with their money, taking better control of their funds wherever they may be.
But that’s not all we do. We’ve continued to innovate through the years, and under a new name – NIUM – we’ve scaled what we do to serve SMEs, financial institutions, and corporate enterprises too. Today, our technology makes sending and receiving money across borders faster, more transparent, and better integrated with our customers’ lives and business needs.
Instarem is now powered by NIUM. But there’s one thing that hasn’t changed. Fast, simple, and cost-effective global payments for all.
Everybody has their thing
We bridge currency borders by streamlining the process of sending and settling overseas payments, powered by continuous innovation in transparency, security, and cost-efficiency. The result? Liberated customers that can access their money and use it – anytime, anywhere.
We believe victories are won by both sides. For us, working together with colleagues and clients is a way of life. Together, we are smarter, sharper, and better.
We don’t call it a win until our customer derives value from it. Our unwavering customer-focus provides us with an edge to outperform. Our customers are our most valuable brand ambassadors.
Dreaming it, is our first step to doing it. Curiosity runs through our DNA, coupled with the aim to disrupt, and transform the global financial landscape, making it better, faster, simpler.
We deliver on our promise, every time. We take ownership of our decisions, our successes, and our failures. We showcase agility in the face of changing scenarios and evolve during challenging times.
We’re not in this for the awards ceremonies. In fact, our purpose is to empower our customers and put you in complete control of your money. We’re delighted to have received recognition from our peers along the way.
winner
Singapore Fintech Festival, 2017, Singapore
winner
India FinTech Awards, 2017, Mumbai
winner
ET Net FinTech Awards, 2017, Hong Kong
winner
Swell by Ripple, 2018, San Francisco
Finalist
Fintech Australia 2018
winner
Mozo Experts Choice, Australia 2020
To learn more about our founders or career opportunities, visit us at Nium.com
Canada
(formerly known as Instarem Canada Corporation)
552A, Clarke Road,
Suite 299, Coquitlam, BC
Canada V3J 0A
India
(formerly known as Instarem India Pvt. Ltd.)
1201-05, B - Wing, Kanakia Wall Street
Chakala, Andheri (E), Mumbai – 400 093
India
Indonesia
(formerly known as Instarem USA Corporation)
Pondok Indah Office Tower 3 - 17th Floor,
Jl. Sultan Iskandar Muda Kav V-TA, Jakarta 12310
Indonesia
Australia
(formerly known as Instarem PTY Ltd)
Level 4, Suite 152, Elizabeth Street
Melbourne, VIC
Australia 3000
Hong Kong
(formerly known as Instarem LIMITED)
Flat / Rm 606, Hollywood Centre
77-91 Queens Road, West Sheung Wan
Hong Kong
Japan
(formerly known as Instarem Japan Kabushiki Kaisha)
FinGATE TERRACE,
8-1 Nihonbashi-kabuto-cho, Chuo-ku, Tokyo,
Japan
Lithuania
(formerly know as UAB Instarem EU)
Konstitucijos pr. 21B,
LT-08130, Vilnius
Lithuania
Malaysia
(formerly known as Instarem Malaysia Sdn. Bhd.)
Registered Address
Komune 2.0, Level 7-54, Vertical Corporate Tower,
Lobby B, Avenue 10, Bangsar South, No. 8, Jalan
Kerinchi, 59200 Kuala Lumpur
Singapore
(formerly known as Instarem Pte. Limited)
#20-05, Hong Leong Building,
16, Raffles Quay
Singapore – 048581
United Kingdom
(formerly known as Instarem Pte. Limited)
33, Queen Street
London EC4R 1BR
United Kingdom
United States of America
(formerly known as Instarem USA Corporation)
90, Washington Valley Road
Bedminster, NJ 07921
United States of America
Nium makes money on foreign currency conversion.
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).
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