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Synopsis
Riverwood Capital, a private equity firm focused on high growth technology and related companies in need of capital, led a $200m Series D round in Nium, a next-generation financial services platform that enables companies around the world to unlock new revenue opportunities and improve cash flow economics. Additional investors include Temasek Holdings, Visa, Vertex Ventures, Beacon Venture Capital, Rocket Capital and GIC. "Nium plans to use the funds to expand in the US and Latin America before pursuing an initial public offering in the US in 18 to 24 months," Prajit Nanu, Nium CEO.
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