DealStreetAsiaTemasek-backed fintech firm to acquire UK-based B2B payments platform
Acquisition will further enable Nium to access global payment infrastructure
The acquisition of Ixaris will further enable Nium to provide one API integration letting customers in a variety of sectors quickly deploy new financial services from card issuance to cross-border payments.
SHEILA CHIANG, DealStreetAsia
SINGAPORE -- Singapore-based financial services platform Nium has announced the signing of a definitive agreement to acquire London-based business-to-business payment company Ixaris. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions, according to a press release.