Nium Appoints Ramana Satyavarapu as Chief Technology Officer

Leveraging experience from leadership roles at Finix, Google, Microsoft, and Uber, Satyavarapu will serve as the Nium's technology leader, driving the company's global engineering, strategy, and technology vision for Global Money Movement

SAN FRANCISCO, Aug. 12, 2022 /PRNewswire/ -- Nium, the global platform for Modern Money Movement, today announced the recent appointment of Ramana Satyavarapu as Chief Technology Officer (CTO). Satyavarapu will be responsible for driving global engineering, strategy and Nium's technology vision for Modern Money Movement. Satyavarapu will manage the company's core technology strategy and capabilities that support Nium's business programs and facilitate revenue growth, as well as organize the concepting and implementation of major technical decisions for the company. He will be based in San Francisco, California, and report to Prajit Nanu, Co-Founder and CEO of Nium.

"Ramana is an industry visionary with the ideal mix of finance, technology, and engineering expertise to propel Nium to the next level," said Nanu. "His deep knowledge of platform design and implementation will fuel our growth aspirations as we look to offer even more solutions to more parts of the world."

Satyavarapu brings with him over 20 years of software engineering expertise from companies, including Microsoft, Google, Uber, Two Sigma, and Finix. Prior to joining Nium, Satyavarapu served as the CTO of Finix, where he led engineering, product, and technical support. He started his career with Microsoft in 2001, serving as a founding member of Office 365, which was released globally in 2011. Following his time at Microsoft, Satyavarapu joined Google to spearhead Google Cloud Search effort, which was successfully launched in 2016. At Two Sigma, he led the pioneering effort to create a knowledge graph derived from over 71 petabytes of global finance data and successfully adopted clustering ML techniques to derive quantitative strategies.

"I have watched Nium for a while, and as the fintech landscape continues to evolve, I'm excited about the company's mission to redefine money movement for the modern age," said Satyavarapu. "Nium has built one of the most respected platforms for global payments and I look forward to making my mark on its future as we continue on this growth journey."

Satyavarapu holds a masters degree in computer science from Arizona State University and a bachelors degree in computer science from Andhra University. He also completed executive education programs in leadership and strategy from Harvard Business School.

About Nium

Nium is the global platform for modern money movement. It provides banks, payment providers, and businesses of any size with access to global payment and card issuance solutions. Its modular platform powers frictionless commerce, helping businesses pay and get paid across the globe. Once connected to the Nium platform, businesses are able to pay out in more than 100 currencies to 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's growing card issuance business is already 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.

For more information, visit: https://www.nium.com or connect with a specialist here.

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SOURCE Nium