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Prajit Nanu, co-founder and CEO, Nium
July 27, 2021
Singapore-based cross-border payments firm Nium has raised over $200 million in a Series D funding valuing the firm at over $1 billion, making it Southeast Asia’s first B2B payments unicorn, said the firm in a statement.
This marks the second close of its Series D, which DealStreetAsia first reported earlier this month in which Nium raised about $78 million from US-based growth investor Riverwood Capital Partners, Vertex Growth, and other investors.
According to Nium, the latest Series D round was led by Riverwood Capital Partners, and joined by Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and other notable angel investors. Names investors include DoorDash executive, Gokul Rajaram; chief product officer at FIS, Vicky Bindra; and co-founder of Tribe Capital, Arjun Sethi.
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