Nium Joins the Unicorn Club With Its Latest US$200 Million Series D Fundraise

Singaporean B2B payments platform Nium is now a unicorn after having raised more than US$200 million in a Series D round led by Riverwood Capital. The firm has now raised nearly US$300 million to date.

Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and other notable angel investors, including DoorDash’s Gokul Rajaram, FIS’ Vicky Bindra and Tribe Capital’s Arjun Sethi also contributed to the round.

The funding will be used to expand Nium’s payments network infrastructure, drive innovative product development, attract top industry talent, and acquire strategic technologies and companies.

Read more: Fintech News Singapore