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Nium

Fintech · Singapore, SG · nium.com

Global B2B payments infrastructure platform

Founders

Prajit Nanu (India · ♂) — After struggling to send money abroad while on holiday in Thailand, the Mumbai commerce graduate and ex-sales leader founded cross-border remittance firm Instarem, which evolved into the Nium payments platform.
Michael Bermingham (♂) — Co-founded the cross-border payments venture with Prajit Nanu and Pratik Gandhi that grew into Nium.
Pratik Gandhi (India · ♂) — A co-founder of the remittance business that became Nium, building out the early payments operation.

Team & hubs

In the network

Shares the most investors with (number = shared investors):

Funding history

Date	Round	Amount
Jul 2021	Series D Plus Nium, a B2B payments platform, raised over $200M in a Series D led by Riverwood Capital, crossing a $1B valuation.	$200M

Investors

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Riverwood Capital Temasek Vertex Ventures Visa

Acquisitions

Nium has acquired Cypher.

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