Fintech startup Nium completes $50 million financing, led by Southeast Asian sovereign wealth funds
Fintech startup Nium has raised $50 million in new funding from investors and plans to conduct its initial public offering within the next 18 months.
This round of funding was led by an undisclosed Southeast Asian sovereign wealth fund and supported by venture capital firms BOND, NewView Capital, and Tribe Capital.
The company has valued Nium at $1.4 billion, which is 30% lower than the $2 billion valuation it received during its last external venture capital fundraising in 2022.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana-based GPU tokenization protocol Compute Labs raises pre-seed round at $30 million token valuation
Quick Take Compute Labs has raised $3 million in a pre-seed funding round led by Protocol Labs. The round brought Compute Labs’ fully diluted token valuation to $30 million, founder Albert Z told The Block.
This Crypto Miner Backed By SBF’s Alameda Research is Exploring IPO in US
Alameda Research invested over $1 billion into Genesis Digital Assets over several funding rounds.
