Toronto, Aug. 15, 2023 - Remit5 is thrilled to announce a game-changing partnership with Nium, a global financial technology platform. The strategic collaboration solidified with a contract signed on August 15th, 2023, marks a significant milestone for Remit5 as it continues to innovate and expand its services worldwide.

Nium is a pioneering force in the financial technology sector, renowned for its cutting-edge solutions in the global payments and remittances space. With a commitment to simplifying the complexities of cross-border money transfers, Nium has built an extensive network and a robust payment infrastructure that spans across more than 100 countries, offering a seamless and secure way to move money globally.

The partnership with Nium represents Remit5's dedication to providing its customers with the most efficient and cost-effective cross-border money transfer services available. By leveraging Nium's global payment infrastructure, Remit5 aims to enhance the speed, reliability, and convenience of its services while simultaneously reducing costs for its users.

Key highlights of the partnership between Remit5 and Nium include:

Enhanced Global Reach: Nium's expansive network will allow Remit5 to reach even more countries and territories, providing customers with access to a broader range of remittance destinations.

Enhanced Global Reach: The partnership will significantly reduce transaction times, ensuring that funds are transferred to recipients in a matter of minutes, rather than hours or days.

Competitive Pricing: Remit5 customers can look forward to competitive pricing structures, with reduced fees and better exchange rates, making cross-border money transfers more affordable.

Improved Security: Nium's advanced security measures and compliance with global regulatory standards will provide Remit5 customers with peace of mind, knowing that their money is in safe hands.

Seamless User Experience: The integration of Nium's technology into Remit5's platform will create a seamless user experience, with a user-friendly interface and efficient transaction processes.

Remit5 and Nium are excited about the transformative impact this partnership will have on the global remittance industry. This collaboration aligns with both companies' core values of making cross-border money transfers more accessible, reliable, and cost-effective for people worldwide.

"This partnership represents a significant step forward in our mission to provide our customers with the best possible remittance experience. Together with Nium, we will continue to innovate and deliver exceptional value to our users" said Syed Ali Hasnain, CEO of Remit5.

For media inquiries, please contact:

For media inquiries, please contact:

Remit5 Media Relations

Email: info@remit5