Overview of Transaction

• On June 7, 2021, NIUM announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimization
• Ixaris provides flexible funding and payment methods that help airlines and online travel agents (OTAs) in the £230 billion travel sector reduce surcharges, earn rebates, flatten FX fees, and streamline reconciliation
• Ixaris is best known for transforming the travel payments industry with the introduction of Europe’s first virtual prepaid card in 2003
• NIUM is a global B2B payments platform that allows banks, payment providers, travel companies, and other businesses to collect and disburse funds in local currencies to over 100 countries, plus issue physical and virtual cards globally
• Today, NIUM serves over 130 million customers and enables platforms to provide access to financial services to over 3 billion people across the world

Significance of Transaction

• The acquisition will further enable NIUM to execute on its vision to provide one API integration to the global payments infrastructure
• All of Ixaris’ 86 employees based in London and Malta will join NIUM

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to NIUM
• This transaction underscores FT Partners' deep Payments domain expertise and continued success in providing buy-side advisory to top-tier FinTech companies