Nium, a Singapore based cross-border payment technology platform, has secured $200 million in Series D funding round led by Riverwood Capital, valuing the startup at more than $1 billion and bringing the total amount of funds raised to $300 million since inception. The round also witnessed participation from existing investors Temasek, Visa, Vertex Growth, Atinum Capital, Beacon Venture Capital and Rocket Internet.
Founded in 2015 by Michael Bermingham and Prajit Nanu, Nium is a global payments platform redefining how consumers and businesses can send, spend, and receive funds around the world.
