MOIN, a leading fintech company specializing in cross-border payment solutions, has announced a significant expansion of its strategic partnership with Nium, the global infrastructure for real-time payments. This partnership, unveiled at Korea Fintech Week, aims to revolutionize global remittance and settlement services for Korean consumers and businesses. By leveraging Nium's technology, MOIN is set to deliver faster, more affordable, and transparent international money transfer services, while also enabling seamless settlement into Korea for global customers.
The collaboration will see MOIN expand its outbound payouts to key global markets, including Japan (JPY), the United States (USD), Europe (EUR), Australia (AUD), and Canada (CAD). Additionally, it will unlock access to emerging market currencies across Africa, the Middle East, and Latin America, allowing Korean individuals and businesses to send money to a wider range of destinations with greater speed and efficiency.
Since establishing their strategic partnership in 2018, MOIN has relied on Nium as a key global remittance partner. Now, they plan to strengthen inbound payment flows into Korea through additional use cases, new service types, and higher transaction volumes in Korean won (KRW) payout services. This will enable faster and more reliable KRW settlements for corporate clients and global partners, such as marketplaces and platforms.
In parallel, MOIN and Nium are jointly exploring stablecoin-based cross-border payment and settlement models. By combining MOIN's blockchain expertise with Nium's global network, they aim to develop next-generation technologies that improve speed, reduce costs, and enhance liquidity efficiency.
This deepened partnership brings numerous benefits to Korean users and businesses. Korean users will gain access to faster, more affordable global remittance services, while businesses of all sizes can strengthen their competitiveness through lower cross-border payment costs, improved settlement speed, and broader service coverage.
Ilseok Suh, CEO of MOIN, expressed his enthusiasm, stating, 'By further expanding our long-term partnership with Nium, we have established a foundation that enables Korean users and businesses to enjoy world-class remittance and payment experiences. We will continue to integrate global networks and next-generation payment technologies to grow into a leading cross-border financial infrastructure connecting Korea and the world.'
Anupam Pahuja, Chief Revenue Officer at Nium, emphasized the importance of evolving payment infrastructure to meet global ambitions. He said, 'Strengthening our partnership with MOIN allows us to extend the speed, transparency, and cost advantages their customers rely on, while scaling to support even greater growth.'
By deepening its integration with Nium's global network, MOIN is further strengthening its foundation for next-generation cross-border payments. This collaboration supports MOIN's vision to deliver more seamless, efficient, and future-ready financial solutions for individuals and businesses in Korea as global payment models continue to evolve.
MOIN, a cross-border payment company based in South Korea, has been addressing the inefficiencies of cross-border payments since its establishment in 2016. It has launched individual cross-border remittance services targeting students studying abroad and has been expanding its outreach to encompass businesses and e-commerce platforms. MOIN's technology and business solutions have been recognized with awards such as 2019 The World's Top Fintech Companies by KPMG Top 100 and 2023 The only Korean remittance company to be included in the World Bank price index. In 2023, MOIN was also chosen as the top 10 representing fintechs in Korea by the Financial Services Commission (FSC).
Nium, the leading global infrastructure for real-time cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Nium's payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 40 markets. Nium's growing card issuance business is already available in 34 countries. The company holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. Nium is co-headquartered in San Francisco and Singapore.
