NomuPay projects $45M revenue by 2025: what’s driving its global fintech surge?

Irish fintech startup NomuPay is rapidly expanding its global footprint, projecting to surpass $45 million in gross annualized run-rate revenues and $20 million in net revenue by 2025. Founded four years ago, the company now serves over 2,000 merchants worldwide, spanning Europe, the Middle East, and Asia.

The recent $40 million Series C funding round, led by SB Payment Service (SBPS), a subsidiary of Japanese telecom giant SoftBank Corp, valued NomuPay at $290 million. This capital injection is fueling its expansion into new markets, with imminent launches in Singapore, Indonesia, and Vietnam, significantly boosting its presence in Oceania and Southeast Asia.

NomuPay's innovative approach allows merchants to manage global payouts independently from their acquiring services. This decoupling enables better control over currency exposure, foreign exchange costs, and the overall payment experience for suppliers and payees.

"We enable merchants to manage their global payouts decoupled from their acquiring service. This enables the merchant to manage their currency exposures, their FX costs, and the entire payment experience of their suppliers and payees," said Burridge.

As global trade evolves, the demand for diverse cross-border payment options is increasing, positioning NomuPay as a key player in the fintech sector's global surge.

Irish fintech startup NomuPay, valued at $290 million after a $40 million Series C funding led by SoftBank's SB Payment Service, projects $45 million in revenue by 2025. Expanding across Singapore, Indonesia, and Vietnam, it serves 2,000 merchants globally, enhancing cross-border payment solutions.