Manuel Sandhofer joins Nium after two and a half years as an SVP at Payoneer.
Picture supply: Manuel Sandhofer/Nium.
Actual-time international funds fintech Nium has appointed former Payoneer chief Manuel Sandhofer as its new basic supervisor for Europe following speedy progress within the area.
Sandhofer joins Nium after two and a half years on the funds firm as senior vp of gross sales and companions.
The fintech unicorn — co-headquartered in San Francisco and Singapore however with workplaces in London, Lithuania and throughout Asia — serves monetary establishments, journey corporations and digital platforms with an annualised transaction quantity of greater than $12bn.
In keeping with Nium, Sandhofer’s appointment will allow the corporate to proceed to speed up its progress in Europe, which accounts for greater than 40 per cent of its income, which greater than doubled final 12 months.
“Regardless of a difficult macroeconomic setting in Europe, Nium is constant to rent, signal new prospects, develop its product suite, and enter new markets — and I can consider no one higher to spearhead this progress than Manuel,” Nium founder and CEO Prajit Nanu stated.
“As we rent regional GMs throughout the globe, my objective is to search out trusted expertise that may act as an extension of myself. Manuel is simply that; his expertise as a founder brings a confirmed monitor file of scaling corporations at pace, constructing and nurturing proficient groups, and assembly the funds wants of world enterprise prospects.”
Earlier than becoming a member of Payoneer in 2021, Sandhofer spend virtually a decade at UniCredit earlier than co-founding Optile, a Munich-based tech firm that was acquired by Payoneer.
“Over the previous few years, I’ve watched Nium evolve from a disruptive market entrant into the real-time international fee platform of alternative for companies throughout Europe. Funds are not simply the price of doing enterprise; they’re a approach to enhance efficiency, create new services, and generate income,” Sandhofer stated.
“However we’ve solely reached the tip of the iceberg when serious about the chance for companies in Europe, particularly when utilized to payroll, spend administration, market, and journey use instances.”
As a part of its European growth, Nium plans to department out into Amsterdam later this 12 months, with the intention of opening an workplace with greater than 50 new workers.
Join our newsletters
