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Nium to acquire Malta-based B2B travel payments leader Ixaris

Nium, a leading global B2B payments platform, announced it has signed a definitive agreement to acquire Ixaris, a Malta- and UK-based leader in travel payments optimisation. The transaction is expected to be concluded early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment methods that help airlines and online travel agents (OTAs) in the £230 billion (€267bn) travel sector reduce surcharges, earn rebates, flatten foreign exchange fees, and streamline reconciliation. As one of the industry’s leaders, Ixaris has issued more than 10 million virtual cards in 2019. Since its inception, it has processed 24 million transactions for over 200 customers in more than 40 countries for a total payment volume of £5 billion.

2021 Breaks Record in Fintech SPAC Deal Count and Volume | Fintech Schweiz Digital Finance News – FintechNewsCH

2021 Breaks Record in Fintech SPAC Deal Count and Volume | Fintech Schweiz Digital Finance News – FintechNewsCH
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Cloud Software Provider Bill com to Acquire Expense Management Fintech Divvy in $2 5B Deal

Cloud Software Provider Bill.com to Acquire Expense Management Fintech Divvy in $2.5B Deal May 7, 2021 @ 9:54 pm By Omar Faridi Bill.com, an established provider of Cloud-enabled software that aims to simplify, digitize, and automate routine back-office financial operations for SMEs, has reportedly entered into a definitive agreement to acquire expensive management Fintech Divvy. The acquisition deal will involve a stock and cash transaction of around $2.5 billion. Divvy’s services focus on spend management that aims to streamline finance for business by using innovative expense management software and smart corporate cards. All of these financial services have been integrated into one easy-to-use and intuitive platform.

PPRO Announces Strategic Investment From JPMorgan Chase & Co , Bringing Total Round to $270 Million

PPRO Announces Strategic Investment From JPMorgan Chase & Co , Bringing Total Round to $270 Million
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PPRO Announces Strategic Investment from JPMorgan Chase & Co , Bringing Total Round to $270 Million

PPRO Announces Strategic Investment from JPMorgan Chase & Co , Bringing Total Round to $270 Million
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