Odaily Planet Daily News: Fintech startup Nium said it has completed $50 million in new financing and plans to IPO within the next 18 months. This round of financing was led by an undisclosed Southeast Asian sovereign wealth fund and supported by venture capital institutions BOND, NewView Capital and Tribe Capital. Nium's valuation in this round of financing was set at $1.4 billion, 30% lower than its $2 billion valuation when it raised funds in 2022. (CNBC)