![]() ![]() Results in “incredible” levels of local knowledge, with individual country managers who have high levels of expertise about the market and who can advise potential customers on local challenges and expectations. “So any market we go to, we get locally licensed. ![]() We also started connecting directly into payment networks,” he explains. “Because we were a remittance provider at day one, we actually went and took money services business/e-money licenses all across Asia and all of the UK, etc. Key to this offering is the amount of infrastructure Nium has in place, with it having pursued an approach of owning all infrastructure from its outset. ![]() “That is very exciting because if you think from a financial perspective, the amount of time, bandwidth efficiency you will have by consolidating is massive,” says Nanu. You can reduce that list to 20,” he says.įor merchants, this presents the opportunity for similar gains, replacing some 40 different bank accounts with a solution that can be handled on one screen and in one wallet, funded through a transaction fee and an FX margin. “If you use us, you don't need these 70 operators. ![]() And while that may seem like an extreme example, many international organizations add new vendors when they move to new regions, creating an opportunity for Nium to help streamline their operations. “What happens behind the scenes – regulatory, licensing, compliance, payment method, authorization rates etc – you don’t need to worry about that.”Īs part of this, Nanu sees particular opportunities in reducing the number of individual vendors that bigger, more complex organizations are working with, giving the example of a Fortune 100 company with 70 different vendors handling its payments. “We are trying to take the narrative away from payments, because I think that narrative is wrong,” he says, adding that customers care about achieving a transaction, not on how the money is collected and processed. This approach reflects a wider shift in narrative from Nium, away from a granular discussion about how specific infrastructure and regulatory challenges are solved and towards a blanket solution where customers do not have to think about individual payments challenges. You see the success, but then there’s also the reality of the rock and roll lifestyle and the toll that it takes.Nium's main funding rounds FXC Intelligence Shifting narratives and reducing vendors And so that has a consequence…that’s really where we get to in the story. He continued: “The idea that as opposed to sort of dealing with the emotions, kind of like all of them, they just kept charging forward like full steam ahead, pedal to the metal, go as fast as you can sort of attitude. Webber also spoke on capturing Neil’s complicated and troubled story in the film, saying, “There’s the outside thing that we all see, which is the charm and success and cool and attitude and bravado and all of that stuff that everybody sees in the performance, but you have to get beyond that, go dig below the surface, and there was one thing that stuck with me that kind of took me through the whole shoot, which was he said at one point his destination of choice was oblivion. “We really just wanted to capture the essence of who these guys were, the spirit of their story, and I think each one of us somehow just had a kernel of that, which just got slowly encouraged to come out as we went along,” he said. 'The Way Back' Star Janina Gavankar Shares Ben Affleck's Memorable Reaction to Her Short FilmĪlongside Webber as Neil, the film stars Machine Gun Kelly as Tommy Lee, Douglas Booth as Nikki Sixx and Iwan Rheon as Mick Mars, and as Webber tells THR, the actors “really became these four maniacs.” ![]()
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