Nium and Relay Process Over $500 Million in Cross-Border Payments Within First Year
Nium and Relay Financial have processed over $500 million in cross-border payments within the first year of their partnership. The collaboration enables small businesses using Relay's platform to send funds across borders with greater efficiency, reaching recipients in 153 countries. This milestone highlights increasing demand for reliable international payment solutions among small business owners who need timely and secure transactions. Nium provides infrastructure that supports collecting, converting, sending, and spending money globally through a compliance-first approach. Relay's customers benefit from real-time visibility into their finances, allowing them to make informed decisions without the delays traditionally associated with cross-border transfers. Both companies plan to expand their collaboration further as small businesses continue operating internationally. The announcement was made at Money20/20 USA in Las Vegas.
Topics: partnerships payments small_businesses