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.