Singapore’s Nium raises $50M in Series E round to expand real-time payments global infrastructure

Nium, the Singapore-based real-time cross-border payments, has on Wednesday announced it has raised $50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the company at $1.4 billion post-money

Remote, Nium Join forces to power global workforces with real-time cross-border payments

Remote, the global human resource (HR) platform for distributed companies, has selected Nium, the Singapore-based real-time cross-border payments platform, to enhance its international payroll capabilities.

Singapore’s Nium secures payment license in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).

Singapore’s Nium secures approval to offer financial products in India

Nium, the Singapore-based real-time global payments firm, has received in principle approval from the Reserve Bank of India for two prestigious payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License.

Singapore’s Nium partners South Korea’s Jeonbuk Bank to launch global remittance service

Nium, the Singapore-based real-time global payments, and Jeonbuk Bank (JB Bank), a South Korean financial institution, have announced a partnership on global remittance service. Under the partnership, the duo will offer the global remittance service targeted at the 2.5 million non-Korean residents that live in South Korea.

Global payment firm Nium opens new headquarters in Singapore

Real-time global payments firm Nium has on Monday announced the opening of its new headquarters in Singapore. The new headquarters is Nium’s strategic hub for serving clients across Asia Pacific, the Middle East, and Africa.

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time payments capabilities across the globe. With the addition of Malaysia, it now processes over 75 percent of transactions globally in real-time, and increases its total real-time…

Singapore FinTech firm Nium to acquire alternative payments network platform Socash

Nium, a Singapore-based platform for modern money movement, announced Tuesday a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. The acquisition provides Nium with the team and technology to enable multiple forms of local payment acceptance for digital commerce, especially in emerging markets.

Temasek-backed payments firm Nium raises $200M in Series D funding, now a unicorn

The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.

visa, payments, credit cards, credit

Visa invests in Singapore’s Nium

Formerly known as InstaReM, Nium specializes in cross-border payments.