Fintech startup Nium withdraws from Singapore's digital banking race

Fintech startup Nium withdraws from Singapore's digital banking race

Prajit Nanu, Co-founder & CEO, Nium. Photo: Nium

Singapore cross-border startup Instarem, which recently rebranded as Nium, has withdrawn from the contest for a digital wholesale banking license in the city state, doubling down on its global business-to-business payments instead.

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