unicorn

Fintech

Nium posts net revenue of US$82 million in 2022

Over the past year, Nium raised additional capital at a US$2 billion valuation.
Nium eyeing secondary listing in Singapore alongside 2Q2025 NYSE IPO goal - THE EDGE SINGAPORE

IPO

Nium eyeing secondary listing in Singapore alongside 2Q2025 NYSE IPO goal

The GIC- and Temasek-backed fintech doubled its valuation to US$2 billion in early-2022.

Results

Used car marketplace Carro reports record ebitda for FY2023 at US$4 mil

Revenue for the full year exceeded US$800 million on the back of a US$1.5 billion GMV.

Fintech

Nium leverages pandemic-driven opportunities, pursues inorganic growth

While other companies conserved cash to stay afloat, Nium made several “important acquisitions” during the pandemic.
Singapore’s sovereign fund helps create Thailand’s latest unicorn - THE EDGE SINGAPORE

Company in the news

Singapore's sovereign fund helps create Thailand’s latest unicorn

The company’s value topped $1 billion after a Series B round of funding
Asean FinTech unicorns riding on structural and behavioural changes - THE EDGE SINGAPORE

Singapore FinTech Festival 2021

Asean FinTech unicorns riding on structural and behavioural changes

Asean tech start-ups can realise the potential of an integrated Asean market in ways other sectors have not.
B2B e-commerce platform Moglix joins unicorn club following US$120 mil fundraise - THE EDGE SINGAPORE

Funds

B2B e-commerce platform Moglix joins unicorn club following US$120 mil fundraise

Moglix – a B2B e-commerce platform for manufactured goods – has just been promoted to unicorn status.
Payments provider PPRO crosses US$1 bil valuation - THE EDGE SINGAPORE

Company in the news

Payments provider PPRO crosses US$1 bil valuation

The payments platform-as-a-service company is now valued at over US$1 billion.

Startups, Entrepreneurs, Digital economy

XA Network aims to find next tech unicorn; partners Vertex Ventures

Finding and backing tech start-ups that may one day grow into unicorns is no easy feat. But a group of angel investors is hoping to prove otherwise. These angel investors are senior executives who have worked or are working for well-known and established

Labour market

Singapore aims to create 10,000 tech jobs in three years

SINGAPORE (June 26): Singapore on Wednesday said it has plans to create up to 10,000 jobs in the technology sector over three years in an initiative to establish the city-state as a global hub for the industry.
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