Fintech startup Nium in fresh round of equity funding that also ropes in new investors Visa, BRI Ventures

Singapore

FINTECH startup Nium on Wednesday announced that it has raised a new round of equity funding, joined by new investors Visa and BRI Ventures, the corporate venture arm of Bank BRI of Indonesia.

This round saw participation from existing investors Vertex Ventures, Vertex Growth and GSR Ventures.

The startup declined to reveal the amount raised but said that the additional capital will be used to broaden its reach in new and existing markets through product development, as well as acquisitions that compress time to market.

Prajit Nanu, chief executive and co-founder of Nium, said: "We are interested in tech infrastructure players with capabilities in areas such as issuance and local payment rails whic…

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