Nium funding rounds & valuation history
Nium, the Singapore-founded real-time cross-border payments company, from its 2019 Series C as InstaReM to the 2024 Series E at $1.4B, sourced to Nium’s own releases, CNBC, TechCrunch, The Business Times and DealStreetAsia.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Series EA down round: CNBC: “a 30% discount to its previous valuation of $2 billion”. |
$50M |
An unnamed Southeast Asian sovereign wealth fundWith: BOND, NewView Capital, Tribe Capital (from the prior round) |
$1.4BPost-money, stated by Nium (“values the company at US$1.4 billion post-money”)0.70× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
2022 funding roundCNBC: 2022 was when Nium “last raised external venture capital” before 2024. No step-up shown because the 2021 figure is a lower bound. |
Not disclosed in sources we could read |
—Not disclosed |
$2BReported by DealStreetAsia (“doubles valuation to $2b”); CNBC (2024) confirms a $2B valuation from early 2022 |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series DNium: total raised nearly US$300M including this round. |
Over $200M |
Riverwood CapitalWith: Temasek, Visa, Vertex Ventures, Atinum, Beacon Venture Capital, Rocket Capital Investment |
Over $1BLower bound stated by Nium (“valuation is above US$1 billion”) |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series C (as InstaReM)TechCrunch: Instarem “has now raised $59.5 million from investors to date”. InstaReM is Nium’s former company name; it now lives on as Nium’s consumer brand (Nium, “Introducing Nium”). |
$41MTwo closes: $21M (Nov 2018) + $20M (Mar 2019) |
Final close: Vertex Growth Fund, Atinum InvestmentWith: First close: MDI Ventures, Beacon Venture Capital; Ripple also invested |
—Not disclosedNo valuation disclosed |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Closed rounds with a stated or reported valuation. Talks, tenders and rounds without a valuation are in the table, not the chart.
Sources: Nium; CNBC; DealStreetAsia; Nium via PR Newswire; TechCrunch; The Business Times. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 19 Mar 2019 · Closed
Series C (as InstaReM): $41M, led by Final close: Vertex Growth Fund, Atinum Investment.
- 27 Jul 2021 · Closed
Series D: Over $200M at Over $1B, led by Riverwood Capital.
- 9 Feb 2022 · Closed
2022 funding round: Not disclosed in sources we could read at $2B.
- 4 Jun 2024 · Closed
Series E: $50M at $1.4B, led by An unnamed Southeast Asian sovereign wealth fund.
Cite this dataset
Free to quote with a link back. Copy this citation:
Nium Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/nium/
Download the data
The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
nium-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/nium-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Rounds before the 2019 Series C and the undisclosed 2020 Series C extension (Visa, BRI Ventures; no authority source read), debt facilities, and secondary-market or aggregator valuation estimates.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 3, not yet published).
Sources
- Nium: Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure, Jun 2024
- CNBC: Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO, 4 Jun 2024
- DealStreetAsia: B2B payments startup Nium doubles valuation to $2b with latest fundraising, 9 Feb 2022
- Nium (PR Newswire): Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia, 27 Jul 2021
- TechCrunch: Nium crosses $1B valuation with $200M Riverwood Capital-led round, 26 Jul 2021
- TechCrunch: Singapore fintech startup Instarem closes $41M Series C for global growth, 19 Mar 2019
- The Business Times: InstaReM nabs US$41m in Series C funding, final close led by Vertex Growth Fund, Mar 2019
- The Business Times (Bloomberg): GIC-backed Nium pushes back IPO plans to refocus on growth, 9 Sep 2024
- Nium: Introducing Nium (InstaReM rebrand announcement)