MOIN and Nium Expand Partnership for Wider Cross-Border Payment Coverage

MOIN, a fintech company focused on cross-border payments, has expanded its strategic partnership with Nium, the global infrastructure provider for real-time payments.

The announcement was made at Korea Fintech Week.

The extended collaboration aims to improve payout and collection capabilities, offering faster and more transparent international money transfer services for Korean consumers and businesses, while supporting seamless settlement into Korea for global clients.

Under the expansion, MOIN will widen its outbound payout coverage to major markets including Japan (JPY), the United States (USD), Europe (EUR), Australia (AUD), and Canada (CAD).

The integration with Nium also provides access to additional currencies in Africa, the Middle East, and Latin America, enabling Korean users to send money to more regions with improved speed and efficiency.

MOIN has worked with Nium since 2018, using the company as a core global remittance partner.

Both firms now intend to strengthen inbound payment flows into Korea by broadening use cases, adding new service types, and increasing transaction volumes for Korean won (KRW) payouts.

These efforts aim to provide more reliable and faster KRW settlements for corporate clients and global partners, including marketplaces and digital platforms.

The two companies are also examining stablecoin-based models for cross-border payments and settlement.

This work combines MOIN’s blockchain capabilities with Nium’s global network to test technologies designed to increase speed, reduce costs, and enhance liquidity management.

Ilseok Suh, CEO of MOIN, said:

Anupam Pahuja, Chief Revenue Officer at Nium, said:

Anupam Pahuja

Featured image credit: Edited by Fintech News Hong Kong, based on image by partystock via Freepik

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