Nium is a global financial technology company that specializes in real-time payments. It provides a platform that enables businesses to send and receive funds instantly, manage foreign exchange transactions, and prevent fraud. Nium's services are primarily targeted at banks, fintech companies, and money service businesses that need to move money across borders.

The company operates in the global payments market, offering competitive foreign exchange rates, real-time payments, and direct debit options. It also provides solutions for corporate purchasing and supplier payments, helping businesses to streamline their operations and increase profitability. In addition, Nium offers solutions for travel payments, providing flexible funding methods to optimize efficiency.

Nium's business model is based on providing a platform for real-time global money movement. It makes money by charging fees for its services, which include foreign exchange management, payment processing, and fraud mitigation.

The company's platform is powered by its proprietary API (Application Programming Interface), which is a set of rules that allows different software applications to communicate with each other. This API enables businesses to integrate Nium's services into their own systems, allowing them to move money quickly and easily.

In summary, Nium is a global fintech company that provides real-time payment solutions for businesses. It operates in the global payments market, serving banks, fintech companies, and money service businesses. Its business model is based on charging fees for its services, which include foreign exchange management, payment processing, and fraud mitigation.

Keywords: Real-Time Payments, Global Money Movement, Foreign Exchange Management, Fraud Mitigation, Fintech, Banks, Money Service Businesses, Payment Processing, API, Corporate Purchasing.