Movemint Symposium 2026: Nizal Khan (Payfinia)

Nizal from Payfinia discusses recent company activity, including Sync1 Systems' Lendtopia in Indianapolis, where Payfinia debuted its instant disbursements platform. He says the platform is designed to help credit unions make instant disbursements for funding and support growth through indirect and direct lending channels.

He explains that Payfinia is at the Movemint Symposium because of its relationship with the Movemint team and its connection to the broader Demopolis family, which includes Tyfone, Movemint, Nuuvia, and Payfinia.

Asked what differentiates Payfinia, he points to its open API platform, which can integrate with different core banking and digital banking providers. He says the company aims to offer a broader set of solutions, including a digital wallet platform and a technical integration model for Zelle. He says Payfinia operates as a CUSO with four credit union investors and notes that Star One was the first investor. He describes the relationship with Star One as important and says there are ongoing conversations about expanding that partnership.

On the issue of faster payments reducing interchange income, he says Payfinia’s approach is to help credit unions through its digital wallet and a payments concierge model called RPCM, which is set to launch in Q1 next year. He says this model will let credit unions send payments to vendors faster than via ACH or wire and may reduce funding and fee-related burdens.

Looking ahead, he says Payfinia will be at Money/2020 for QR payment code demos with the Intuit and Federal Reserve teams, and then at VentureTech in mid-November.

Roadmap priorities include launching RPCM, then the Zelle technical integrator model next year, with interest already expressed by several credit unions. He says next year’s Movemint Symposium may focus on how Payfinia can support Movemint clients and how the sister companies can work more closely together.

In closing, he jokes that he is glad LeBron James is leaving the Lakers and predicts the Sixers will not go far if Philadelphia acquires him.