Mastercard Partners With Israeli Fintech Nima to Enable Real-Time Money Transfers to Israel
Mastercard has signed a commercial partnership with Israeli fintech company Nima to enable real-time money transfers to Israel for businesses and private customers abroad. The collaboration will utilize Nima's technological infrastructure through Mastercard's global transfer platform, Mastercard Move, allowing transfers to be completed within seconds rather than days. This service is expected to launch within a few months.
Mastercard Move serves as the international money transfer arm of Mastercard, offering an alternative to the traditional Swift banking system, which often involves multiple intermediary banks and higher fees. Nima's direct connection to Israel's Bank Clearing House (Masav) was a key factor in Mastercard's decision to partner with the company. While Mastercard typically connects directly to local clearing houses in larger markets, Israel's smaller market size and regulatory complexities made partnering with Nima more viable.
Founded in 2015, Nima initially provided non-bank accounts and payment solutions for foreign workers in Israel and has since grown to over 200,000 customers. PwC estimates Nima's valuation at 572 million shekels by the end of 2025. In June 2025, Nima launched its Dynamic Routing platform, offering API-based payment infrastructure for institutional clients and enabling instant, irreversible account-to-account transfers regardless of banking hours.
Nima CEO Moshe Kimchi explained that their technology avoids reliance on a single provider, dynamically selecting the fastest and most reliable transaction route in real time. This partnership exemplifies a broader trend of Israeli fintech firms supplying infrastructure to global players entering the Israeli market. Kimchi noted that most international companies operating in Israel use Nima's technology, except Revolut, which is pursuing a full banking license and does not currently use Nima's services.