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IFX Payments in talks to acquire Argentex

PRIVATEApr 23, 2025

Acquiring Company

IFX Payments

Acquired Company

Argentex

LondonAssamFinancial ServicesFinancial ServicesFinance

Description

Argentex has confirmed it is in advanced discussions with IFX Payments regarding a potential takeover. The currency risk management firm has received proposals from multiple bidders but is currently focusing on IFX Payments. A firm offer has not yet been made, and discussions continue amid liquidity concerns for Argentex.

Quick answer

IFX Payments is acquiring Argentex, announced April 23, 2025. IFX Payments is based in London, England, United Kingdom.

How much did IFX Payments pay for Argentex?
The deal value was not disclosed.
What does IFX Payments do?
With offices in London, Warsaw, and Dubai, IFX Payments employs over 150 people worldwide.
Where are IFX Payments and Argentex based?
IFX Payments is based in London, England, United Kingdom. Argentex is based in Assam, India.
Who are the decision-makers at IFX Payments?
Fundz holds 2 contacts at IFX Payments. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

IFX Payments

Location

London, England, United Kingdom

About

With offices in London, Warsaw, and Dubai, IFX Payments employs over 150 people worldwide. IFX Payments is a global fintech innovator on a mission to build an accessible, frictionless and complete digital payments experience, removing the burden of managing complex treasury processes for scaling businesses.

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Frequently asked

Who acquired Argentex?

Argentex was acquired by IFX Payments, based in London. The deal was reported on April 23, 2025. With offices in London, Warsaw, and Dubai, IFX Payments employs over 150 people worldwide. IFX Payments is privately held and operates in Financial Services.

When did IFX Payments acquire Argentex?

IFX Payments's acquisition of Argentex was reported on April 23, 2025. Argentex has confirmed it is in advanced discussions with IFX Payments regarding a potential takeover. The currency risk management firm has received proposals from multiple bidders but is currently focusing on IFX Payments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Argentex do?

Argentex is a currency risk management firm that specializes in providing financial services aimed at helping businesses manage foreign exchange risks. It is privately held, operating in Financial Services, and is based in Assam.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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