Singaporean FinTech Nium aims to improve payments processes in the travel industry.
In Brief:
Nium offers global payment services through APIs.
It has just acquired Ixaris, a B2B travel payments platform.
Meanwhile, the CEO has moved to San Francisco.
What does this mean?
Nium has recognised new opportunities in the market as the Omicron variant of Covid-19 causes disruption to payments, especially with so many flights having to be refunded.