Nium for Platforms vs Rapyd
Nium for Platforms
nium.com
Rapyd
rapyd.netSide by side
| Figure | Nium for Platforms | Rapyd |
|---|---|---|
| Price from | — | $99/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 2 |
| Spec score · Cross-Border Payment Platforms | 7.7 (#10) | 7.5 (#12) |
| Card issuing | Nium supports branded physical and virtual cards funded by fiat or stablecoins, with limits, merchant controls, permissions, and live spend tracking. | Rapyd Issuing supports virtual and physical cards, with controls such as spending limits and merchant restrictions. |
| Founded | 2014 | 2016 |
| Payouts | Nium offers real-time payouts to 190+ countries in 100+ local currencies over fiat and stablecoin rails. | Rapyd Disburse supports local and cross-border payouts through bank transfers, eWallets, cards and cash, using an API or Client Portal. |
| Support | Nium says integration support includes a dedicated solutions engineer, a private Slack channel, and 24/7 on-call support during the launch window. | Rapyd’s product pages direct prospective customers to contact its global payments team for service information and pricing. |
| What it does | Nium lets business platforms embed payouts, multi-currency accounts, cards, and FX through one API. | Rapyd describes itself as a fintech platform for accepting global payments, sending payouts and embedding financial services. |
Plans
In their own words
Nium for Platforms
Nium for Platforms lets business platforms embed payouts, multi-currency accounts, cards, and foreign exchange through one API. It serves spend management, payroll, treasury, marketplaces, gig-economy services, SaaS, and B2B embedded-finance platforms. Nium says it processes $84B annually across 190+ countries. Real-time payouts can reach 190+ countries in 100+ local currencies through fiat and stablecoin rails. Platforms can provide locally branded accounts, hold balances in 100+ currencies, convert funds, and pay recipients. Branded physical and virtual cards support fiat or stablecoin funding, limits, merchant controls, permissions, and live spend tracking. Developer resources include APIs, SDKs, guides, an OpenAPI specification, Postman collection, and production-like sandbox. A web portal supports card workflows, reporting, and sandbox access. Nium also describes localized onboarding, identity checks, KYB/KYC, monitoring, fraud controls, reconciliation, reporting, and signed HMAC-SHA256 webhooks. Pricing is on request; fees are set out in a separate Fee Schedule.