NIUM

GIC-backed Nium pushes back IPO plans to refocus on growth

The payments company is valued at US$1.4 billion and aims to go public by end-2026

The company says that its 2023 revenue rose more than 50 per cent from its year-earlier figure.

Nium raises US$50 million in Series E round 

The funds will be used to enhance its growth plans in the business-to-business payments market

Nium sees getting the licence as a pivotal moment as it expands in the Asia-Pacific.

Nium snags payments licence in Japan

GIC and Temasek-backed payments startup Nium has secured a payments licence by Japan’s financial regulator to handle large-amount transactions in the country.

Nium's increase in expenses was driven mainly by employee costs as it ramped up hiring to expand into new markets.

Nium’s 2022 revenue and losses rise with increased expenses

FINTECH startup Nium’s 2022 revenue surged over 266 per cent to S$117 million from S$43.9 million in 2021, according to filings with the Accounting and Corporate Regulatory Authority of Singapore.

Nium CEO Prajit Nanu says that the company expects to break even within 12 months and be profitable before it goes public.

GIC-backed US$2 billion fintech Nium targets US IPO in two years

SINGAPORE payments company Nium aims to break even in time for a US initial public offering (IPO) within two years, a positive signal for South-east Asia’s struggling startup ecosystem.

The US is a "difficult and expensive market", but "the biggest fund pool is here, people understand fintechs a lot better here", says Pratik Gandhi, COO of Nium.

Singapore fintech startups gain scale, speed up innovation in US expansion

Hair-raising bank runs and heated inflation coming on top of a funding freeze make a fast-moving market like the US a tough proposition for many. But for Singapore fintech startups, such as Greenarc C...

Pratik Gandhi, co-founder and COO of Nium.

Fintech unicorn Nium to acquire alternative payments platform SoCash

HOME-GROWN payments unicorn Nium on Tuesday (Apr 26) announced it will be acquiring SoCash, a Singapore-based alternative payments network platform, for an undisclosed sum.

Fintech Nium eyes more M&A deals on path to IPO
GARAGE

Fintech Nium eyes more M&A deals on path to IPO

While its focus has been on going global, homegrown company could also be looking at deals on its home turf

Payments unicorn Nium launches crypto product for financial institutions

Payments unicorn Nium launches crypto product for financial institutions

NIUM has launched a product for businesses to embed cryptocurrency services into any application, allowing their clients to buy, sell and hold digital currencies such as Bitcoin, Ethereum and Litecoin...

Singapore fintech startup Nium tops US$1b valuation

Singapore fintech startup Nium tops US$1b valuation

[SINGAPORE] Singapore's Nium, a payments startup serving businesses, became a rare fintech unicorn in the city-state after raising more than US$200 million in fresh funding.