Ixaris - About the company
Ixaris is an acquired company based in London (United Kingdom), founded in 2002 by Alex Mifsud. It operates as an Open payment solutions provider.. Ixaris has raised $6M in funding. The company has 12 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Swiipr, Dlocal and Allstar.
Company Details
Ixaris Technologies provides B2B payment platform to banks and other financial institutions. It helps businesses generate their own cards and monitor their expenses. It also provides platforms for financial institutions to launch their payment solutions. It has an Open Payments Ecosystem (OPE), which is aimed at developers to build apps for banks, and for banks to safely access new payment technologies by providing resources like curated app marketplaces. On April 2016, it has separated its card businesses from its B2B payments platform.
- Website
- ixaris.com
- Registered Address
- FLOOR 3,18 ST. SWITHIN'S LANE,LONDON,ENGLAND,EC4N 8AD
Key Metrics
Founded Year
2002
Location
London, United Kingdom
Stage
Acquired
Total Funding
$6M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 12 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2017
Employee Count
26 as on May 31, 2026
Exit Details
Acquired by NIUM (Jun 07, 2021)
Legal entities associated with Ixaris
Ixaris is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IXARIS SOLUTIONS LIMITED CIN: 9024600 , United Kingdom, Active | May 05, 2014 | £10M - £50M (As on Dec 31, 2024) | 4 (As on Dec 31, 2024) | |
IXARIS GROUP HOLDINGS LIMITED CIN: 10519681 , United Kingdom, Active | Dec 08, 2016 | £10M - £50M (As on Dec 31, 2017) | 132 (As on Dec 31, 2018) |
Ixaris's acquisition details
Ixaris got acquired by NIUM on Jun 07, 2021.
Click here to take a look at Ixaris's acquisition in detail
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Ixaris's funding and investors
Ixaris has raised a total funding of $6M over 2 rounds. Its first funding round was on Jul 2014. Ixaris has 2 institutional investors.
Here is the list of recent funding rounds of Ixaris:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2016 | 9814170 | PE | 4484491 | 8562840 | 7224416 | 7086840 |
Jul 2014 | 1068174 | PE | 8209054 | 9790190 | 6778267 |
View details of Ixaris's funding rounds and investors
Ixaris' founders and board of directors
Founder? Claim ProfileThe founders of Ixaris is Alex Mifsud.
Here are the details of Ixaris' key team members:
- Alex Mifsud: Cofounder & CEO of Ixaris.
View details of Ixaris's Founder profiles and Board Members
Ixaris' employee count trend
Ixaris has 26 employees as of May 26. Here is Ixaris's employee count trend over the years:
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Ixaris's Competitors and alternates
Top competitors of Ixaris include Swiipr, Dlocal and Allstar. Here is the list of Top 10 competitors of Ixaris, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Swiipr 2019, London (United Kingdom), Series A | Provider of payment solutions for airline passenger compensation and operational payouts | $7.65M | 64/100 | |
2nd | Provider of a platform for processing payments in emerging markets | $350M | 61/100 | ||
3rd | Allstar 2011, Swindon (United Kingdom), Unfunded | Provider of fuel cards, business credit cards, and electric vehicle solutions | - | - | 47/100 |
4th | Ixaris 2002, London (United Kingdom), Acquired | Open payment solutions provider. | $6M | 44/100 | |
5th | Tab 2015, London (United Kingdom), Seed | Online tours and activities booking marketplace | $120K | 38/100 | |
6th | Cabvision Network 2015, London (United Kingdom), Unfunded | Hardware-based POS device for cab payments | - | - | 26/100 |
7th | FairFX 2018, London (United Kingdom), Unfunded | Online accounting and expense management software for the sports industry | - | - | 24/100 |
8th | Felloh 2020, Grantham (United Kingdom), Seed | Payment processing solution for travel industry | $1.05M | 24/100 | |
9th | Red Skies Technology 2010, Guildford (United Kingdom), Funding Raised | Provider of transportation control and payment system | - | 22/100 | |
10th | LynkPay 2019, Axbridge (United Kingdom), Unfunded | Cloud-based payment gateway solutions for taxi sectors | - | - | 22/100 |
Looking for more details on Ixaris's competitors? Click here to see the top ones
Ixaris's Investments and acquisitions
Ixaris has made no investments or acquisitions yet.
Reports related to Ixaris
Here is the latest report on Ixaris's sector:
News related to Ixaris
•
Paycorp Appoints Payments Industry Leader John Chaplin To BoardBizcommunity.com•Feb 27, 2025•Paycorp Holdings, Visa, First Data, Ixaris and 1 other
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Nium Completes Acquisition Of Payments Optimisation Leader, IxarisFinancial IT•Sep 01, 2021•NIUM, Ixaris
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Riverwood leads $200m Series D for SE Asia payments player NiumAsian Venture Capital Journal•Jul 28, 2021•Riverwood Capital, NIUM, Vertex Ventures, Atinum Investment and 9 others
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Foresight agrees conditional sale of IxarisPrivate Equity Wire•Jun 07, 2021•NIUM, Ixaris, Foresight Group
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Ixaris eyes international expansion with Sabre payments partnershipTravolution•Dec 12, 2019•Ixaris, Sabre
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Ixaris: Partners with Banking Circle on cross-border paymentsFintechinshorts•May 01, 2019•Ixaris, Saxo Payments Banking Circle
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