Singaporean payments firm Nium raises more than US$200m to become 'unicorn'
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Office workers walking along Raffles Place MRT Station. (File photo: Calvin Oh)
27 Jul 2021 11:10AM
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Singapore-based business payments firm Nium raised more than US$200 million in fresh funds in a round led by tech investor Riverwood Capital, it said on Monday (Jul 26), as it joined the "unicorn" club of start-ups valued at more than US$1 billion.
Including the latest round, which also saw participation from Singapore state investor Temasek Holdings, payments processor Visa and venture capital firm Vertex Ventures, Nium said it had raised nearly US$300 million in capital so far.