Temasek-backed fintech firm to acquire UK-based B2B payments platform

Acquisition will further enable Nium to access global payment infrastructure

20210608 Nium and Ixaris

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.

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