Temasek-backed Nium to acquire India's operations of Wirecard.

Temasek-backed Nium, a global payments platform, agreed to acquire scam-hit operations in India of Wirecard, an international supplier of electronic payment and risk management services. Financial terms were not disclosed. “We’re seeing an accelerated move to digital payments as companies modernize their infrastructure to capitalize on the post-COVID economic recovery. More companies are turning to our global payments stack to embed financial services quickly,” Prajit Nanu, Nium CEO.