The money transfer start-up InstaReM from Singapore is renamed Nium

Singapore-headquartered fintech company InstaReM, a digital cross-border money transfer platform, has been renamed Nium to become known worldwide as a free open money platform.

Nium CEO: “We strive to become an enabler.”

In an announcement at Money 20/20 in Las Vegas, the company said it had split since its $ 41 million financing round earlier this year, which it names as one of the largest fintech funds raised in Southeast Asia prepared the transformation.

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