B2B fintech unicorn Nium's SOCASH acquisition valued at $12.5m

B2B fintech unicorn Nium's SOCASH acquisition valued at $12.5m

Photo: Nium's Facebook.

B2B fintech unicorn Nium’s deal to acquire Singapore-based fintech startup SOCASH, announced in April this year, was valued at $12.5 million, show regulatory filings accessed by DealStreetAsia. The deal provides an indirect exit to SOCASH investors, who will get to own Nium shares.

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