Singapore-based fintech firm Nium has achieved unicorn status with a valuation surpassing US$1 billion. Alongside insurtech company bolttech, Coda Payments, and digital assets financial services platform Matrixport, Nium is among the few Singaporean fintech companies that have not only attained unicorn status but also transformed the fintech landscape in Southeast Asia. Nium’s mission was to establish an efficient and transparent cross-border payments platform, simplifying remittances for consumers by eliminating opaque fee structures and lengthy processing times.