In a significant advancement for its operations in Latin America, Nium has officially received authorization from the Central Bank of Brazil to function as a Payment Institution (PI). This development was announced on October 27, 2025, from São Paulo and marks a pivotal moment in the company's growth trajectory across the region.
The newly secured license permits Nium to provide local regulated payment services in Brazil. This includes various payment methods such as PIX, TEDs, boletos, and the issuance of prepaid cards once operational. Notably, while Nium has previously catered to Brazilian clients through its global licenses, this local authorization enhances its ability to directly serve customers within the country.
"Securing regulatory approval from the Central Bank of Brazil validates our commitment to building deeply local solutions in the world’s fastest-growing markets," said Prajit Nanu, Founder and CEO of Nium. He emphasized that this license will enable Nium to facilitate seamless money movements both domestically and internationally. "Doing so with the speed and compliance they expect from a global partner," he added.
In the next phase of its expansion, Nium is set to integrate with PIX and finalize partnerships with local financial institutions to bring these services to market effectively. Furthermore, the company aims to secure a foreign exchange (FX) license to augment its local cross-border capabilities, providing a comprehensive global solution to its clients.
Brazil stands out as one of the most advanced real-time payment ecosystems globally, leading trends in local and international money movement. For Nium, establishing local capabilities is pivotal in engaging with a country that is at the forefront of payment innovation. Nanu pointed out that while USD handles a significant volume of B2B Swift transactions, over 95% of Nium’s payments are now settled through local frameworks. This reality translates to quicker, more efficient transactions for clients in Brazil, ultimately leading to lower costs and greater transparency.
This latest milestone is a reflection of Nium's sustained investments in Brazil and solidifies its long-term commitment to the region. As evidenced by its growth metrics, Brazilian clients in 2025 accounted for 18% of all transactions processed, underscoring the importance of Latin America within Nium's global network.
"Brazil is not just a market for us, it’s a critical node in our global infrastructure," Nanu asserted. He elaborated that the country’s innovative payment landscape, combined with Nium's capacity to link businesses to local payment rails, positions it as a strategic hub for future growth. "This license is a reflection of our belief in Brazil’s potential and our commitment to enabling seamless, real-time payments for our clients across Latin America and beyond," he concluded.
With this new authorization, Nium continues its strategic advancement in Brazil, aiming to meet the growing demand for local and cross-border payment solutions efficiently. As the company works on deploying its services, it sets the stage for more agile operations within one of the world's most dynamic payment markets.