FundedIQ
Financial Services

Nium: Funding, Investors & Team (Sep 2026)

Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication​.​ Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.

www.nium.com LinkedIn Singapore, Singapore 251-500 employees
Finance Financial Services FinTech Payments Transaction Processing
Total raised
$205M
Rounds
3
Latest
Undisclosed round
Mar 2022

Nium has raised $205M across 3 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Mar 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Nium Company Profile and Key Stats

Total funding raised
$205M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$5.0M in Mar 2022
Employees
251-500
reported band
Headquarters
Singapore, Singapore

Latest funding round on record: Mar 2022.

Nium Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M
Corporate Round
$100k
Series D
$200M

Nium raised $200M in a Series D announced in Jul 2021.

3 months later, a Corporate Round of $100k was announced in Oct 2021.

5 months later, an undisclosed round of $5.0M was announced in Mar 2022.

Nium Founders and Leadership Team

Name
Role
Contact
Prajit Nanu
CEO
Locked

Contact details for the Nium team: 1 of 1 has an email address on file.

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Nium Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Nium's latest round of $5.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Nium Funding FAQs

What does Nium do?

Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication​.​ Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.

How much funding has Nium raised?

Nium has raised $205M across 3 rounds on record. The most recent is an undisclosed round of $5.0M announced in Mar 2022.

When did Nium last raise funding?

Nium's most recent funding round on record is an undisclosed round of $5.0M, announced in Mar 2022.

Who is the CEO of Nium?

Prajit Nanu is listed as CEO at Nium.

Where is Nium headquartered?

Nium is based in Singapore, Central Region, Singapore.

How many employees does Nium have?

Nium is in the 251-500 employee band.

How does Nium's funding compare to other Financial Services startups?

Nium's latest round of $5.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Nium Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nium is left off this page rather than filled in.

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