The company appointed Manuel Sandhofer as Senior VP and GM in Europe.
The new leader brings 15 years of industry experience to the expanding company.
Nium, a
global leader in real-time payments, has recently named Manuel Sandhofer as its
Senior Vice President and General Manager for Europe. This announcement came in the wake of dynamic growth for the company in the region.
Nium Wants to Double Revenues
in 2023
Sandhofer,
an experienced figure in the fintech sector, comes from Payoneer and brings a
wealth of 15 years of experience in the industry. His track record
includes leading teams, managing mergers and acquisitions, and scaling global
organizations from their inception to IPO.
The
introduction of Sandhofer is a calculated move by Nium, seeking to solidify its
already impressive growth in Europe, a crucial market for the firm's global
ambitions. The company has experienced a doubling of its European revenue in
the past year, contributing to more than 40% of its global earnings. The
company has experienced an upsurge in its transaction volume, managing over USD
12 billion annually. It anticipates another doubling of its European revenue in
2023.
"Nium's
persistence in a challenging macroeconomic climate in Europe is commendable.
With continuous hiring, customer acquisition, product suite expansion, and
market penetration, Manuel is the perfect fit to lead this progression,"
Prajit Nanu, the CEO and Founder at Nium, expressed. "In Manuel, we have
found a leader whose experience and proven track record align perfectly with
our vision."
Amsterdam Expansion Plans
The company
wants to broaden its presence in Amsterdam later this year. This expansion
includes the intent to open an office and hire over 50 new employees. Recent
advancements in its payroll solution have positioned Nium to offer seamless
global payment and management services to businesses worldwide.
Manuel Sandhofer
"Watching
Nium transform from a disruptive newcomer to the go-to platform for real-time
global payments in Europe has been exciting. The potential for businesses in
Europe is immense, especially in areas like payroll, spend management,
marketplace, and travel. I look forward to unlocking this potential for our
customers,” Sandhofer shared his enthusiasm about his new role.
Nium Hires and Bets on
Crypto
In January, the payment infrastructure company strengthened its leadership by appointing Sharon Gal Franko as the General Manager of Israel and Vice President of Global Partnerships.
"I am super excited to announce that I have joined Nium, the global leader in the on-demand money movement, as General Manager of Israel and Vice President of Global Partnerships!" Franko wrote in a Linkedin post.
Last year,
Nium solidified its global presence by expanding its real-time payment
services in Malaysia, allowing the company to process over 75% of its global
transactions in real-time.
At last
year’s Bitcoin Conference, Nium unveiled Crypto Accept, an innovative product
that empowers businesses globally to accept cryptocurrency payments. In the
meantime, the company launched a groundbreaking Crypto-as-a-Service (CaaS)
solution, allowing financial institutions to add in-demand crypto
investment features through APIs.
The company’s
platform supports 100 currencies and operates in 190+ markets, with real-time
functionality in 100 of them. Nium, licensed in over 40 countries, offers swift
onboarding and compliance, irrespective of location. With dual headquarters in
San Francisco and Singapore and several regional offices, Nium is a globally
trusted payment solution.
Nium, a
global leader in real-time payments, has recently named Manuel Sandhofer as its
Senior Vice President and General Manager for Europe. This announcement came in the wake of dynamic growth for the company in the region.
Nium Wants to Double Revenues
in 2023
Sandhofer,
an experienced figure in the fintech sector, comes from Payoneer and brings a
wealth of 15 years of experience in the industry. His track record
includes leading teams, managing mergers and acquisitions, and scaling global
organizations from their inception to IPO.
The
introduction of Sandhofer is a calculated move by Nium, seeking to solidify its
already impressive growth in Europe, a crucial market for the firm's global
ambitions. The company has experienced a doubling of its European revenue in
the past year, contributing to more than 40% of its global earnings. The
company has experienced an upsurge in its transaction volume, managing over USD
12 billion annually. It anticipates another doubling of its European revenue in
2023.
"Nium's
persistence in a challenging macroeconomic climate in Europe is commendable.
With continuous hiring, customer acquisition, product suite expansion, and
market penetration, Manuel is the perfect fit to lead this progression,"
Prajit Nanu, the CEO and Founder at Nium, expressed. "In Manuel, we have
found a leader whose experience and proven track record align perfectly with
our vision."
Amsterdam Expansion Plans
The company
wants to broaden its presence in Amsterdam later this year. This expansion
includes the intent to open an office and hire over 50 new employees. Recent
advancements in its payroll solution have positioned Nium to offer seamless
global payment and management services to businesses worldwide.
Manuel Sandhofer
"Watching
Nium transform from a disruptive newcomer to the go-to platform for real-time
global payments in Europe has been exciting. The potential for businesses in
Europe is immense, especially in areas like payroll, spend management,
marketplace, and travel. I look forward to unlocking this potential for our
customers,” Sandhofer shared his enthusiasm about his new role.
Nium Hires and Bets on
Crypto
In January, the payment infrastructure company strengthened its leadership by appointing Sharon Gal Franko as the General Manager of Israel and Vice President of Global Partnerships.
"I am super excited to announce that I have joined Nium, the global leader in the on-demand money movement, as General Manager of Israel and Vice President of Global Partnerships!" Franko wrote in a Linkedin post.
Last year,
Nium solidified its global presence by expanding its real-time payment
services in Malaysia, allowing the company to process over 75% of its global
transactions in real-time.
At last
year’s Bitcoin Conference, Nium unveiled Crypto Accept, an innovative product
that empowers businesses globally to accept cryptocurrency payments. In the
meantime, the company launched a groundbreaking Crypto-as-a-Service (CaaS)
solution, allowing financial institutions to add in-demand crypto
investment features through APIs.
The company’s
platform supports 100 currencies and operates in 190+ markets, with real-time
functionality in 100 of them. Nium, licensed in over 40 countries, offers swift
onboarding and compliance, irrespective of location. With dual headquarters in
San Francisco and Singapore and several regional offices, Nium is a globally
trusted payment solution.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
United Fintech Scores Sixth Backer Days After Barclays Deal
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
