SG’s Nium raises $78m Series D from Riverwood Capital, Vertex Growth, others
Nium co-founder and CEO Prajit Nanu. Photo: Nium
Singapore-based cross-border payments firm Nium has raised about $78 million in Series D funding from Riverwood Capital Partners, Vertex Growth and other investors, as seen in a filing to Singapore’s Accounting and Corporate and Regulatory Authority (Acra).
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The deal also marks Nium’s entry into the Indian market.
The transaction makes Temasek Holdings the second-largest shareholder in Nium.
