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

Nium Joins the Unicorn Club With Its Latest US$200 Million Series D Fundraise
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Nium crosses $1B valuation with $200M Riverwood Capital-led round – TechCrunch

Nium crosses $1B valuation with $200M Riverwood Capital-led round
Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion.
The company, now Singapore-based but shifting to the Bay Area, touted the investment as making it “the first B2B payments unicorn from Southeast Asia.”
Riverwood Capital led the round, in which Temasek, Visa, Vertex Ventures, Atinum Capital, Beacon Venture Capital and Rocket Capital Investment participated, along with a group of angel investors like DoorDash’s Gokul Rajaram, FIS’ Vicky Bindra and Tribe Capital’s Arjun Sethi. Including the new funding, Nium has raised $300 million to date, Prajit Nanu, co-founder and CEO, told TechCrunch. ....

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SG's Nium announces over $200 million in Series D funding led by Riverwood Capital

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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Nium raises $200 mn to become first global B2B payments unicorn from Southeast Asia

Nium raises $200 mn to become first global B2B payments unicorn from Southeast Asia
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francisco alvarez-demalde - All news and posts by Crowdfund Insider

francisco alvarez-demalde - All news and posts by Crowdfund Insider
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