Data Vantage: Nium bags GIC funding in Series D, buys shares from CEO Nanu + other updates

Data Vantage: Nium bags GIC funding in Series D, buys shares from CEO Nanu + other updates

Business-to-business (B2B) payments startup Nium on Monday announced raising over $200 million in a Series D funding round that it said catapulted it into the unicorn club of companies valued at over $1 billion.

According to regulatory filings accessed by DealStreetAsia – DATA VANTAGE, investors in the round included Archipelago Investment Pte Ltd, a vehicle of Singapore sovereign wealth fund GIC Pte, which alone injected $71 million.

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