NIUM
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 invests in Singapore’s Nium
Formerly known as InstaReM, Nium specializes in cross-border payments.
