With Temasek-backed Vertex Venture as a common investor, talks on B2B Unicorn Nium acquiring Singapore-Based FinTech startup SoCash have been reported, with the acquisition set to be completed in March. The move comes as SoCash continues to face challenges in raising funds. SoCash and Nium both operate under the FinTech space, with SoCash dealing with reward points on the use of ATM machines and Nium dealing with global commerce complexities to provide frictionless solutions.
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