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B2B Payments company Nium raised additional $5 million in current funding round

Nium, a Singapore-based B2B payments company, raised an additional $5 million in its Series D+ round. This additional funding by Moore Strategic Ventures brings Nium’s Series D+ to $8 million, with current valuation at $1.97 billion. Nium offers B2B payments services to its clients, allowing them to send funds to 100+ countries in 50+ currencies. It has licences for different financial activities that provides ease of business to its customers.

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This article has been summarised for quick read. The original article can be read on Deal Street Asia.