- Nium delays IPO to 2026
- Focus shifts to revenue growth
- Acquisitions planned and new executives onboard
IPO on hold
Singapore-based payments company Nium is pushing its US IPO plans back to late 2026, delaying from the initial Q2 2025 target. CEO Prajit Nanu cites a prolonged CFO search as a key factor in the decision.
Building for the future
Despite the IPO delay, Nium is making strategic moves:
- Revenue grew 50% to $120 million last year
- Expanding in the UK and Latin America
- Appointed Andre Mancl as CFO and Philip Doyle as CCO
- Raised $50 million in Series E funding, valuing the company at $1.4 billion
- Targets $200 million in net revenue next year
Acquisition appetite
Nium plans to acquire one or two payments startups worth $40-50 million each by year-end, with $100 million cash reserves for purchases.
The company operates a vast payout network supporting 100 currencies across 220+ markets.
This strategic pause reflects Nium’s commitment to sustainable growth in the evolving fintech landscape, balancing expansion with careful preparation for its eventual public debut.
