“As we hire regional GMs across the globe, my goal is to find trusted talent that can act as an extension of myself. “Despite a challenging macroeconomic environment in Europe, Nium is continuing to hire, sign new customers, expand its product suite, and enter new markets - and I can think of nobody better to spearhead this growth than Manuel,” said Prajit Nanu, Nium CEO and Founder. His strategic vision, leadership, and execution culminated in its successful acquisition by Payoneer, after which Sandhofer joined the firm in an SVP Sales and Partners role and saw its transition from a private to public company. Prior to joining Payoneer in 2021, Sandhofer spent nearly a decade at UniCredit before co-founding Optile, a Munich-based tech company streamlining payment acceptance processes for merchants worldwide. It currently manages over USD 12bn in annualised transaction volume and is expecting to double European revenue again in 2023. Nium serves financial institutions, travel companies, and digital platforms in the region and is experiencing rapid growth. The fintech unicorn more than doubled European revenue last year with the region contributing to over 40% of the company’s global revenue. The appointment will enable Nium to further accelerate its growth in Europe, a region critical to its global success.

A seasoned fintech industry veteran from Payoneer, Manuel brings to Nium over 15 years’ experience in building teams, leading M&A integrations, and scaling global organisations from seed to IPO.

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