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(Bloomberg) -- Vertex Ventures Southeast Asia and India closed its fifth and biggest fund at $541 million to back startups in the region, defying a slowdown in the global technology sector during a tumultuous year.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Market

The sum includes a $50 million vehicle that will pump in additional capital alongside its main fund into startups led by women founders, the Singapore-based firm said in a statement on Tuesday.

Nium, a $2 billion Ripple Partner, Plans to Go Public in the United States Nium's Intention to Start an IPO in the United States Nium, a $2 billion

Nium, valued at about $2 billion, is preparing to go public in the US by the second quarter of 2025, co-founder and Chief Executive Officer Prajit Nanu said in an interview in Singapore.

Singapore Fintech Startup Nium Tops $1 Billion Valuation Jul 27 2021, 11:58 AM July 27 2021, 8:00 AM July 27 2021, 11:58 AM (Bloomberg) -- Singapore’s Nium Pte, a payments startup serving businesses, became a rare fintech unicorn in the city-state after raising more than $200 million in fresh funding. (Bloomberg) -- Singapore’s Nium Pte, a payments startup serving businesses, became a rare fintech unicorn in the city-state after raising more than $200 million in fresh funding. The company said Tuesday its value topped $1 billion after a Series D round led by Menlo Park, California-b...