If this isn't a perfect marriage, we don't know what is. Singapore-based B2B fintech unicorn Nium is set to acquire fellow Singaporean fintech Socash. Why does this make sense?

• Growing family. Nium acquired travel payments startup Ixaris and Wirecard Forex last year.

🤷🏻‍♀️  Who's Nium?

They build APIs and tech to simplify how businesses pay, get paid and issue cards. Last year, they joined the unicorn club after their $200M Series D. 🦄

• Investors include Temasek, Visa and Vertex Ventures.
  

Pay. Make payments (even crypto payments) to 190+ countries in real-time.

Bank. Set up virtual bank accounts in 35 countries.

Issue cards. Issue physical and virtual cards to employees in 33 markets.

Become a fintech. Build your own services and payment flows faster with Nium's tech.

💸  So what, Socash?

Socash makes money magic. They turn any shop, cafe or grocery into ATMs and payment stations.

• Deposit, withdraw and make payments at their growing network of 30,000 partners.
  

Why it matters. ATMs suck. They're hard to find, have long lines and need you to type your PIN every time. Plus, if you use an e-wallet, there's no dedicated ATM to withdraw from.

Just enter how much cash you need on their app, the location you want to pick it up from and scan a QR code to collect the cash! Easy peasy.

💍  Better together

Nium and Socash unite separate sides of fintech. B2C and B2B, as well as the online and physical.

• Together, they hope to be an end-to-end platform of choice for global businesses.
  

What Nium gets out of this. With Socash's team and tech, they get to offer more local payment methods and payment points — especially in emerging markets. Plus, they can allow their clients to accept cash for online transactions through Socash.

• Cash is still big in markets like Asia-Pacific and Latin America, so this is a win.