Case Study: Nium streamlines treasury operations with Ripple Payments

Instarem is leveraging Ripple Payments to streamline internal treasury operations for Instarem and their global SME customers

Nium’s payments arm, Instarem, needed to reduce frictions in treasury management so it could improve working capital and streamline operations across a globally distributed business. Using Ripple Payments, Instarem began addressing cross-border transaction inefficiencies for its remittance customers and internal treasury needs.

Ripple provided real-time settlement and 24/7/365 global payout capabilities, helping Instarem and its SME customers move capital between bank accounts around the clock. The results included more than $100 million in working capital accessed with Ripple Payments, a two-week onboarding process, and a 50% reduction in transaction time.

Nium

Yogesh Sangle

Head of Instarem