Founded in 2014, Singapore-based Nium has doubled its value to $2 billion, after raising $2.96 million of Series D+ funding. The round saw participation from founder of Tribe Capital and previous Nium investor Arjun Sethi ($2 million), San Francisco-based VC Operator Stack ($800,000), and from Lachlan Groom ($151,000). At the same price of $1680 per share, Nium could raise an additional $4 million in the same round in primary investment.
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