Singapore payments firm Nium raises $50m in new funding, valuation drops to $1.4b – shareandstocks.com
Singapore-based B2B payments unicorn Nium has announced raising $50 million in a Series E funding round led by an undisclosed sovereign wealth fund in Southeast Asia.
The company is valued at $1.4 billion after the latest round, per a statement.
Nium’s regulatory filings in Singapore showed that the unnamed Series E investor is