NIUM Pte. Ltd. provides cross-border money transfer services to financial institutions, SMEs and individuals.
NIUM Pte. Ltd., formerly known as InstaReM Pte. Ltd., offers cross-border money transfer services through web and mobile applications to financial institutions, SMEs and individuals. Based in Singapore and founded in 2014 by Michael Bermingham and Prajit Nanu (CEO), its services are available in 11 jurisdictions. In March 2022, NewView Capital and Moore Strategic Ventures acquired stakes from GSR Ventures and Rocket Internet for USD 5 million, and the company was valued at USD 2 billion as of July 2023.
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