FinTech segment

Business

NIUM optimistic about USD 60T B2B payment opportunity

Prior to the pandemic, only 33% of B2B payments were electronic, due to a lack of investment in foundational payments infrastructure as well as a lack of compatibility between electronic payment systems. Post COVID, however, real-time speed and global reach have become mandatory to business. Hence, businesses have accelerated their electronic payments investments. NIUM is optimistic about this. Business-to-Business (B2B) payments is an attractive…