Nium taps Huey Lin and David Yates to Board of Directors

Rick Steves

Nium has appointed two new board members, Huey Lin and David Yates. who bring deep experience in the global payments industry to the firm. 

The addition of Huey Lin and David Yates follows the recent announcements of Ramana Satyavarapu as Chief Technology Officer, Dylan Lowrey to General Counsel, and Robin Gandhi as Chief Product Officer.

Prajit Nanu, Co-Founder and CEO at Nium, said: “As we look towards the future at Nium, it’s imperative that we continue to surround ourselves with the best from the payments industry and beyond. Huey and David will be instrumental in helping drive business strategy, while contributing to our accelerated growth and product innovation. I couldn’t be more thrilled to welcome them aboard.”

Nium is a payments platform that supports more than 100 currencies in over 190 countries – 100 of which in real time. Funds can be received in 35 markets, including Southeast Asia, UK, Hong Kong, Singapore, Australia, India, and the US.

Nium also leads a card issuance business available in 34 countries, including Europe (SEPA), the UK, Australia and Singapore. Nium holds regulatory licenses and authorizations in over 40 countries, enabling seamless global payments and rapid integration, regardless of geography.

Huey Lin was Chief Operating Officer at Affirm

Huey Lin is a Venture Partner with GGV Capital where she supports and advises the fund’s portfolio companies. Previously, she was the founding Chief Operating Officer at Affirm and began her career at PayPal as one of the company’s first product managers.

She subsequently spent more than a decade at the firm where she led China and Asia-Pacific operations, in addition to serving in key leadership roles in product, international risk, and policy strategy. Most recently, she was the President of Asia at Flexport, a modern freight forwarder and one of the fastest-growing companies in global trade. She led all activities for Flexport across Asia, the company’s most strategic market.

“With a differentiated view on how global businesses can seamlessly move money all over the world, I believe there are significant opportunities to create even more value for our customers. I’m eager to work alongside my fellow directors and the Nium leadership team to enhance the company’s competitive position for long-term success”, said Huey Lin.

David Yates was President of New Payment Platforms at Mastercard

David Yates is an Executive Partner at Siris Capital Group and was previously the President of New Payment Platforms at Mastercard. He has a proven track record of successfully leading commercial transformation and growth in global financial services businesses. Yates led the transformation of Vocalink into an international payments platform, which led to its sale to Mastercard.

As the President of Western Union, Yates drove value creation by diversifying Western Union’s business into online money transfer and business payments. He aslo led the expansion and development of First Data (now Fiserv). On private equity boards, Yates has facilitated major evolutions within the payments sector across Europe and the United States.

“Nium’s global growth and approach to solving some of the biggest challenges businesses are facing today continues to impress me I’m excited to join the board and partner with Nium’s exceptional leadership team at a time when global payments are transforming the way businesses pay and get paid around the world”, said David Yates.

Read this next

Digital Assets

Valkyrie pulls back on Ether futures merge with Bitcoin ETF

Valkyrie Funds LLC will suspend the purchase of Ether (ETH) futures contracts for its Valkyrie Bitcoin and Ether Strategy ETF (BTF.O). Additionally, the firm will unwind any positions in Ethereum that it has already acquired.  

Digital Assets

Hong Kong police arrest 18 in $1.5B billion JPEX fraud

The investigation into the JPEX crypto exchange scandal continues to unfold as Hong Kong and Macau police arrest four more individuals. These arrests, which include individuals considered “relatively close to the core” of the scandal, bring the total number of detentions to 18.

Digital Assets

Gemini tells Dutch users to withdraw assets by November 17

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, announced that it will cease providing services to customers in the Netherlands, citing regulatory requirements imposed by the country’s central bank.

Digital Assets

SEC puts BlackRock, Valkyrie, and Bitwise Bitcoin ETFs on hold

The U.S. Securities and Exchange Commission has delayed its decisions on several bitcoin exchange-traded fund (ETF) proposals, leaving many in the crypto industry feeling pessimistic for any future blessing from the agency.

Digital Assets

Ripple backs out of Fortress Trust acquisition

Ripple has decided to cancel its planned acquisition of Fortress Trust, a custodian company, less than a month after initially announcing the agreement.

Uncategorized

France regulators blacklists 21 FX brokers, FuturBTC

France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), today shed light on several unregulated forex brokers representing their offering under several brands. Notably, the AMF has identified only one crypto-assets provider in its latest warning.  

Digital Assets

Flare and Arkham Collaborate for Enhanced Decentralized Data Access

Flare’s blockchain for decentralized data acquisition integrates with Arkham’s Intelligence Platform, offering users advanced analytics and actionable on-chain insights.

Industry News

iFX EXPO International 2023 Successfully Concludes

The most talked about financial event of the year took place in Limassol, Cyprus.

Retail FX

Plus500 Forex Garners Market Attention In The Latest Expert Ranking

Securing the 58th spot in Traders Union’s Best Forex Brokers of 2023 ranking, Plus500, despite its cautionary overall score of 6.3 out of 10, stands out for its stringent regulatory compliance, user-centric WebTrader platform, and a commendable focus on account security, though it lags in providing advanced trading tools and trust management features.

<