Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, June 28 2021 - 09:00
AsiaNet
Nium and Pelikin Partnership Enables Seamless Digital Financial Services to Millions of Global Travellers
MELBOURNE, Australia, June 28, 2021 /PRNewswire-AsiaNet/ --

With the travel industry poised for a big recovery post COVID-19, airlines, and 
online travel agencies (OTAs) are actively transforming their technologies and 
processes in anticipation. For new partners Pelikin(https://pelikin.co/) and 
Nium(https://www.nium.com/), FinTech plays a central role in this recovery, and 
it starts with the ability to issue travel cards that can be used around the 
world.

Integrating Pelikin's industry-first 'travel super app' with Nium's 
next-generation financial services platform, the partners are committed to 
enabling access to a network of financial services for millions, to achieve a 
common vision of seamless and digital travel experiences for the future.

Through the Nium platform, Pelikin can quickly deploy new financial services 
from card issuance to cross-border payments, and it is this level of 
scalability that has allowed Pelikin to go-to-market and expand global reach 
quickly and cost-effectively.

Frederick Crosby, Chief Revenue Officer at Nium, said, "The travel industry is 
swiftly moving away from slow-moving payment platforms to next-generation 
solutions that empower end consumers to take control over their finances, 
wherever they are in the world. Through this partnership with Pelikin, we are 
proud to bring this vision to life."

The partnership has already borne fruit for Pelikin who chose to work with 
Nium, in part, because their advanced platform facilitates Pelikin's plans to 
scale into new markets. By leveraging Nium's technology, Pelikin are now able 
to issue virtual and physical travel cards to Australian travelers. Cards are 
available for use immediately and can be used in over 100 global markets, 
wherever you see the Visa acceptance mark. The cards are managed through 
Pelikin's travel super app and facilitated by Nium's transformative financial 
technology.

Anthony Jones, Head of Innovation and Partnerships for Australia, New Zealand 
and South Pacific, Visa, said: "As travel corridors begin to open up, seamless 
digital payment experiences will be more important than ever. At Visa, we're 
excited to see these two local fintechs join forces to drive innovation in the 
travel sector and deliver new solutions to support its recovery."

Pelikin has proven to be a disruptor in the travel industry. Adding a partner 
like Nium, who can improve cash flow economics throughout the global economy, 
cements Pelikin's status as a go-to super app, ultimately making it easier and 
more convenient for travelers to manage travel money, multi-currency, and 
multi-spend wallets.

Describing what the partnership means to them, Pelikin CEO Sam Brown has said, 
"Working alongside Nium helps us here at Pelikin in our guiding mission to 
change the way Aussie travelers manage their money overseas. We're thrilled 
that together we can take the lead towards industry recovery." 

About Pelikin:

The Pelikin app includes a multi-currency mobile wallet and Prepaid Pelikin® 
Visa® Card that can be used by solo or group travellers to manage shared 
expenses, transfer money instantly and spend in 150+ currencies at more than 40 
million Visa® merchants worldwide.

Pelikin helps travellers plan, book and manage every aspect of their overseas 
adventures.

Based in Melbourne, Victoria, the company's goal is to become the 'Amazon' of 
travel to bring millions of travellers a full travel discovery platform that 
adds value to them beyond a single trip.

For more, visit: www.pelikin.co or email hello@pelikinmoney.com

About Nium:

Nium is a next-generation financial services platform that enables companies 
around the world to unlock new revenue opportunities and improve cash flow 
economics.

Nium is a leader in its geographical and payment service breadth, owning 
licenses in the world's largest and fastest-growing economies. Our modular 
platform allows banks, payment providers, travel companies, and other 
businesses to collect and disburse funds in local currencies to over 100 
countries, plus issue physical and virtual cards globally. Our proprietary set 
of APIs embeds financial services and can bring to life multiple B2B and B2C 
use cases in a matter of weeks.

Nium is part of CB Insights Fintech 250, which highlights the most promising 
Fintech companies globally. Today, Nium serves over 130 million customers and 
enables platforms to provide access to financial services to over 3 billion 
people across the world.

For more about Nium, visit nium.com(https://www.nium.com/about-us/)

SOURCE  Nium