Nium Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
1,000
- Latest Deal Type
-
2ndary - Private
- Investors
-
33
Nium General Information
Description
Developer of a cross-border payments application designed to gain instant access to a global network of payout, pay-in, and card-issuing capabilities. The company's platform helps to grow revenue, reduce costs, and enhance profitability by scaling smarter, expanding corridors, and augmenting existing offerings, enabling clients to transfer money with a fast, safe, and cost-effective way to initiate instance remittances.
Contact Information
Website
www.nium.com
Formerly Known As
InstaReM
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Other Financial Services
Primary Office
- 168 Robinsons Road Capital Tower
- Number 18-03
- Singapore, 068912
- Singapore
+65 3158 0000
Nium Timeline
Nium Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Secondary Transaction - Private | 26-May-2023 | 00000 | Completed | Generating Revenue | ||
| 10. Later Stage VC (Series D) | 16-Jun-2022 | 00000 | 00000 | Completed | Generating Revenue | |
| 9. Secondary Transaction - Private | 05-Oct-2021 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
| 8. Secondary Transaction - Private | 01-Sep-2021 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
| 7. Later Stage VC (Series D) | 26-Jul-2021 | 00000 | 00000 | 00.000 | Completed | Generating Revenue |
| 6. Later Stage VC (Series C1) | 31-Mar-2021 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 5. Later Stage VC (Series C3) | 01-Apr-2020 | 000.00 | Completed | Generating Revenue | ||
| 4. Later Stage VC (Series C) | 19-Mar-2019 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series B) | 04-Jul-2017 | $13M | $18.5M | 000.00 | Completed | Generating Revenue |
| 2. Early Stage VC (Series A) | 16-Mar-2016 | $5M | $5.53M | Completed | Startup |
Nium Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | 000,000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | ||
| Series C1 | 000,000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | ||
| Series C | 000,000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | ||
| Series B | 000,000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | ||
| Series A2 | 40,764 | $43.18 | $43.18 | 1x | $43.18 | 3.42% | ||
| Series A1 | 32,171 | $16.61 | $16.61 | 1x | $16.61 | 2.7% |
Nium Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a cross-border payments application designed to gain instant access to a global network of payout, pay-in,
Financial Software
Singapore, Singapore
1,000
As of 2023
00000
00000000000
00000
000000
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000000000 00000000
Bangalore, India
000
As of 0000
000.00
0000000000 0
000000
enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip
000000000 00000000
Mumbai, India
000
As of 0000
00.000
000000 0
Add Comparison
Nium Competitors (34)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Innoviti | Venture Capital-Backed | Bangalore, India | 000 | 000.00 | 0000000000 0 | |
| 000000 | Venture Capital-Backed | Mumbai, India | 000 | 00.000 | 000000 0 | |
| 00000000 | Venture Capital-Backed | Scotts Valley, CA | 000 | 000.00 | 00000000000 | 000.00 |
| 00000 | Venture Capital-Backed | Singapore, Singapore | 00 | 000.00 | 000000 - 000 | 000.00 |
| 000000000 | Venture Capital-Backed | Melbourne, Australia | 0000 | 00000 | 00000000000 | 00000 |
Nium Executive Team (16)
Nium Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Chua Hock | Nium | Board Member | 000 0000 |
| David Yates | Self | Board Member | 000 0000 |
| Huey Lin | Self | Board Member | 000 0000 |
| Jefferson Chen | GSR Ventures | Board Member | 000 0000 |
| Tito Costa | Rocket Internet | Board Member | 000 0000 |
Nium Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Nium Investors (33)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| BOND Capital (San Francisco) | Venture Capital | Minority | 000 0000 | 000000 0 | |
| CapitalSG | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Flexcap Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Kasikornbank | Corporation | Minority | 000 0000 | 000000 0 | |
| Moore Strategic Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Nium Investments & Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Glencoco | 01-Sep-2022 | 0000 00000 | 00.00 | Business/Productivity Software | |
| Socash | 19-Apr-2022 | 0000000000 | Financial Software | ||
| Ixaris | 01-Sep-2021 | 0000000000 | Financial Software | 000000 00 | |
| Wirecard Forex | 07-Jul-2021 | Merger/Acquisition | Financial Software | 000000 00 |
Nium Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Socash | Financial Software | Singapore, Singapore | 0000 |