Payments & Fintech Acquisitions in 2022
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December 15, 2022
- Buyer
- Rational Expectations, BetterHome, Accel-KKR, Founders and management
- Target
- PayProp
- Industry
- Payments & Fintech
- Location
- Western Cape, South Africa
- Type
- Growth capital
PayProp, a cloud payments and reconciliation platform for the property management industry, raised a significant growth investment from a consortium including Accel-KKR, Rational Expectations, BetterHome, and participation from founders and management. The funding will support product innovation, infrastructure build-out and expansion into new and existing markets including the UK, South Africa, Canada and the United States.
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December 8, 2022
- Buyer
- TreviPay
- Target
- Apruve
- Industry
- Payments & Fintech
- Location
- Minnesota, United States
- Type
- Buyout
TreviPay, a global B2B payments and invoicing network based in Overland Park, Kansas, has signed a definitive agreement to acquire Apruve, a trade-credit automation and pay-by-invoice platform. The acquisition expands TreviPay's order-to-cash capabilities and deepens its presence in the manufacturing vertical and key international markets.
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December 6, 2022
- Buyer
- NMI
- Target
- Agreement Express
- Seller
- Agreement Express, Frontier Growth
- Industry
- Payments & Fintech
- Location
- British Columbia, Canada
- Type
- Divestiture
NMI has acquired the payments solutions business of Agreement Express, adding onboarding, underwriting, KYC/AML and risk monitoring capabilities to its commerce enablement platform. Frontier Growth will retain Agreement Express's wealth management arm; terms were not disclosed.
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December 5, 2022
- Buyer
- JG Wentworth
- Target
- Stilt Inc.
- Seller
- Stilt Inc.
- Industry
- Payments & Fintech
- Location
- California, United States
- Type
- Divestiture
JG Wentworth has acquired the digital consumer lending platform and related assets from San Francisco-based fintech Stilt Inc. The deal provides JG Wentworth with Stilt's lending and servicing technology, proprietary credit datasets and underwriting capabilities to accelerate its entry into consumer lending and begin originating loans in 1H 2023.
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December 1, 2022
- Buyer
- Komgo
- Target
- GlobalTrade Corporation (GTC)
- Industry
- Payments & Fintech
- Location
- Ontario, Canada
- Type
- Buyout
Swiss-headquartered Komgo has acquired GlobalTrade Corporation (GTC), combining their trade finance digitization platforms to create a larger, global offering for corporates and banks. The combined business will offer broader coverage and complementary capabilities across the full range of trade finance instruments and workflows.
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November 17, 2022
- Buyer
- FDJ (La Française des Jeux)
- Target
- Aleda
- Industry
- Payments & Fintech
- Location
- Île-de-France, France
- Type
- Buyout
La Française des Jeux (FDJ) has completed the acquisition of Aleda, a France-based provider of point-of-sale (PoS) systems and payment/processing solutions. The transaction closed following conditional approval from the French Competition Authority on November 14, 2022, and strengthens FDJ’s control of its retail distribution and payment processing capabilities.
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November 17, 2022
- Buyer
- Goal Acquisitions Corp.
- Target
- Digital Virgo Group
- Industry
- Payments & Fintech
- Location
- France
- Type
- Buyout
Goal Acquisitions Corp. (Nasdaq: PUCK) will acquire all shares of Digital Virgo Group through a SPAC business combination, with Goal renamed Digital Virgo Group, Inc. The transaction is expected to provide at least $100 million of growth capital and is targeted to expand Digital Virgo’s presence in the United States and other priority markets.
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November 16, 2022
- Buyer
- Park Cities Asset Management LLC
- Target
- Elevate Credit, Inc.
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Type
- Buyout
Elevate Credit (Elevate) entered into a definitive agreement to be acquired by an affiliate of Park Cities Asset Management LLC in an all-cash transaction valued at an implied $67 million ($1.87 per share). The transaction is expected to close in the first quarter of 2023, subject to customary conditions, including shareholder and regulatory approvals.
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November 15, 2022
- Buyer
- Fortis
- Target
- Payment Logistics
- Industry
- Payments & Fintech
- Location
- California, United States
- Type
- Buyout
Fortis, a leader in embedded payments for software providers, has acquired Payment Logistics, a payment technology company based in La Jolla, California. The deal expands Fortis' embedded payments partnerships and technology stack, bringing Payment Logistics' team and integrations into Fortis to accelerate capabilities for retail, hospitality and software partners.
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November 15, 2022
- Buyer
- Opn
- Target
- MerchantE
- Seller
- Integrum
- Industry
- Payments & Fintech
- Location
- Georgia, United States
- Type
- Buyout
Opn has acquired MerchantE, a leading end-to-end payments and commerce platform headquartered in Alpharetta, Georgia, from Integrum. The combined business processes over $19 billion in payments for more than 20,000 customers and will expand Opn's footprint into the U.S. while MerchantE retains its headquarters and brand.
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November 1, 2022
- Buyer
- Bluefin
- Target
- TECS Payment Systems
- Industry
- Payments & Fintech
- Location
- Vienna, Austria
- Type
- Buyout
Bluefin, a payments security and encryption provider based in Atlanta, has acquired TECS Payment Systems, an Austria-based omnichannel payments platform provider. The deal combines Bluefin’s PCI-validated encryption and tokenization capabilities with TECS’ smartPOS, gateway and international payments capabilities to expand product functionality and global reach.
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November 1, 2022
- Buyer
- International Money Express, Inc. (Intermex)
- Target
- Envios de Valores La Nacional Corp., LAN Holdings Corp. / I-Transfer Global Payments E.P., S.A.U.
- Industry
- Payments & Fintech
- Location
- Colorado, United States
- Type
- Buyout
International Money Express, Inc. (Intermex) completed the acquisition of Envios de Valores La Nacional Corp., paying $42.3 million in cash plus up to $2.4 million of contingent consideration, strengthening its remittance footprint to the Dominican Republic and other Latin American corridors. Intermex also announced a related transaction to acquire LAN Holdings Corp., which includes Spain-based I-Transfer Global Payments, expanding Intermex’s reach into Europe and increasing its global footprint to more than 70 countries.
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October 27, 2022
- Buyer
- Tyler Technologies, Inc.
- Target
- Rapid Financial Solutions
- Industry
- Payments & Fintech
- Location
- Utah, United States
- Type
- Buyout
Tyler Technologies has signed a definitive agreement to acquire Rapid Financial Solutions for approximately $68 million in cash and Tyler stock. Rapid, a Logan, Utah-based payments platform provider with more than 1,500 customers in courts, county offices and correctional facilities, will join Tyler's Payments business unit within the NIC Division to expand Tyler's payment disbursement and card issuance capabilities for government clients.
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October 25, 2022
- Buyer
- FTV Capital
- Target
- ConnexPay
- Industry
- Payments & Fintech
- Location
- Georgia, United States
- Type
- Growth capital
FTV Capital led a $110 million growth equity investment in ConnexPay to support the payments technology company's international expansion and product enhancements. The funding will help ConnexPay extend its unified acquiring-and-issuing payments platform into new geographies and verticals, with FTV taking a board seat and previous investors also participating.
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October 20, 2022
- Buyer
- J.P. Morgan Payments
- Target
- Sightline Payments
- Industry
- Payments & Fintech
- Location
- Nevada, United States
- Type
- Growth capital
J.P. Morgan Payments made a strategic growth investment in Sightline Payments to support development of an integrated omnichannel payments solution for resort and online gaming operators. The deal strengthens a partnership to expand Sightline's Play+ cashless and wallet offerings across the gaming, resort, and entertainment ecosystem.
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October 20, 2022
- Buyer
- FLEETCOR Technologies, Inc.
- Target
- Roomex
- Industry
- Payments & Fintech
- Location
- Ireland
- Type
- Buyout
FLEETCOR Technologies has signed a definitive agreement to acquire Roomex, a European workforce lodging provider serving the UK and German markets. The deal is expected to close in November and is intended to extend FLEETCOR’s workforce lodging business from the U.S. into international markets.
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September 29, 2022
- Buyer
- Circle
- Target
- Elements
- Industry
- Payments & Fintech
- Location
- California, United States
- Type
- Buyout
Circle has acquired Elements, a developer-first payments orchestration platform, to accelerate its crypto payments roadmap and make it easier for merchants to accept USDC and other crypto payments. The deal will let Circle scale payments offerings, integrate merchants' existing PSP relationships, and deliver payment APIs and SDKs to lower the barrier of entry for merchants and developers.
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September 27, 2022
- Buyer
- Nexo
- Target
- Hulett Bancorp (DBA Mode Eleven), Summit National Bank
- Industry
- Payments & Fintech
- Location
- United States
- Type
- Growth capital
Nexo has acquired a minority stake in Hulett Bancorp (doing business as Mode Eleven) and its federally chartered subsidiary Summit National Bank, establishing Nexo as the bank's preferred digital-asset partner. The investment expands Nexo's U.S. footprint and enables it to offer bank accounts, lending, card products and custodial solutions through Summit National Bank while supporting the bank's transformation into a modern digital FinTech.
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September 15, 2022
- Buyer
- PostePay S.p.A. – Patrimonio Destinato IMEL
- Target
- IGT Italian proximity payment business (held by IGT Lottery S.p.A.)
- Seller
- International Game Technology PLC (IGT), IGT Lottery S.p.A.
- Industry
- Payments & Fintech
- Location
- Italy
- Type
- Divestiture
PostePay S.p.A. – Patrimonio Destinato IMEL completed the acquisition of International Game Technology PLC’s (IGT) Italian proximity payment business from IGT Lottery S.p.A. for €700 million (enterprise value €630 million plus ~€70 million net unrestricted cash). IGT said it will use the proceeds primarily to pay transaction expenses and reduce debt.
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September 15, 2022
- Buyer
- Banc of California, Inc.
- Target
- Deepstack Technologies (Global Payroll Gateway, Inc.)
- Industry
- Payments & Fintech
- Location
- Florida, United States
- Type
- Buyout
Banc of California acquired the payments platform and technology assets of Global Payroll Gateway, Inc. and its subsidiary Deepstack Technologies for $24 million in cash and stock. The acquisition, which brings Deepstack's team (11 employees) and IP into Banc of California, expands the bank's payments capabilities and aims to grow fee-based, non-interest income.
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September 13, 2022
- Buyer
- Bottomline Technologies
- Target
- Nexus Systems
- Seller
- Mainsail Partners
- Industry
- Payments & Fintech
- Location
- Virginia, United States
- Type
- Buyout
Bottomline has acquired Nexus Systems, a provider of accounts payable and payments automation software for the real estate and property management industries. The deal—from prior investor Mainsail Partners—will fold Nexus capabilities and suppliers into Bottomline's Paymode‑X network to extend procure‑to‑pay and B2B payments capabilities across the real estate vertical; terms were not disclosed.
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September 12, 2022
- Buyer
- J.P. Morgan
- Target
- Renovite Technologies, Inc.
- Industry
- Payments & Fintech
- Location
- California, United States
- Type
- Buyout
J.P. Morgan (J.P. Morgan Payments) has signed an agreement to acquire cloud-native payments technology firm Renovite Technologies, Inc. The deal is intended to modernize and strengthen J.P. Morgan’s next-generation merchant acquiring platform and support its payments modernization roadmap as it moves to the cloud.
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September 8, 2022
- Buyer
- Aurora Payments, LLC
- Target
- One Payment
- Industry
- Payments & Fintech
- Location
- Florida, United States
- Type
- Buyout
Aurora Payments, a Tempe/Las Vegas-based payment technology company, has acquired One Payment, a Florida-based fintech payments provider that serves over 6,000 merchants and processes more than $1 billion in annual volume. The deal expands Aurora's East Coast distribution, merchant portfolio and processing scale to accelerate its go-to-market capabilities for small and medium-sized businesses.
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September 6, 2022
- Buyer
- Bnk To The Future
- Target
- SALT
- Industry
- Payments & Fintech
- Location
- Colorado, United States
- Type
- Buyout
Bnk To The Future has signed a non-binding letter of intent to acquire SALT, the Denver-based crypto-backed lending platform. The combined business aims to create a regulatory-compliant crypto securities and lending offering to support distressed crypto lending platforms and expand Bnk To The Future's product capabilities.
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September 1, 2022
- Buyer
- PayLink Direct
- Target
- Budco Financial
- Seller
- ScaleCo (ScaleCo Capital)
- Industry
- Payments & Fintech
- Location
- Michigan, United States
- Type
- Buyout
PayLink Direct, a Chicago-based payment plan and receivables management provider, has acquired Budco Financial (Detroit, MI), a specialist in automotive payment-plan program management, from ScaleCo. The transaction expands PayLink Direct's payment-plan capabilities and client footprint across OEMs, dealerships and service contract administrators.
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August 31, 2022
- Buyer
- Evolv, Inc. (Evolv St. Louis)
- Target
- 253 Payment Pros
- Industry
- Payments & Fintech
- Location
- Washington, United States
- Type
- Buyout
Evolv, Inc. (via its Evolv St. Louis office) completed a capital investment and acquisition of 253 Payment Pros, a merchant services/ISO business based in Kirkland, Washington. The deal brings 253 Payment Pros' merchant base and independent sales network into Evolv's platform and will integrate Evolv's digital marketing solutions to drive revenue growth across the western United States.
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August 31, 2022
- Buyer
- ConnectWise
- Target
- Wise-Sync
- Industry
- Payments & Fintech
- Location
- New South Wales, Australia
- Type
- Buyout
ConnectWise has acquired Wise-Sync, a payments automation and integrated payment processing platform (Wise‑Pay) that integrates with ConnectWise Manage and ConnectWise Sell. The deal brings payments and accounts‑receivable automation capabilities into ConnectWise's IT solution provider software suite, enabling partners to automate invoice lifecycle and payment collection.
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August 23, 2022
- Buyer
- ParkHub
- Target
- Fuzse
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Type
- Buyout
ParkHub, a Dallas-based parking software and payments provider, has acquired Fuzse, a Dallas payments integrator founded by Lane Conner. The deal brings payments integration capabilities and payment-driven customer insights into ParkHub's parking management and payments platform to expand its payments innovation and product capabilities.
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August 16, 2022
- Buyer
- Remitly Global, Inc.
- Target
- Rewire
- Industry
- Payments & Fintech
- Location
- Israel
- Type
- Buyout
Remitly Global, Inc. has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. The deal is valued at approximately $80 million in a mix of cash and stock and is expected to close in the second half of 2022, subject to customary regulatory approvals (including Israeli and Dutch authorities).
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August 15, 2022
- Buyer
- Givex Information Technology Group Ltd. (Givex)
- Target
- Counter Solutions Holdings Ltd. (Counter Solutions)
- Industry
- Payments & Fintech
- Location
- Nottinghamshire, United Kingdom
- Type
- Buyout
Givex Information Technology Group Ltd. has completed the acquisition of all outstanding shares of UK-based Counter Solutions Holdings Ltd. The deal adds Counter Solutions’ WAY2PAY self-service and smart-refrigeration capabilities to Givex’s POS, kiosk and payments platform, expands Givex’s footprint in the UK/Europe and will be paid through a mix of cash, debt and Givex shares.
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- Buyer
- Castle Creek Capital, Launchpad Capital
- Target
- Central Payments
- Industry
- Payments & Fintech
- Location
- South Dakota, United States
- Type
- Growth capital
Central Payments completed a $30 million growth equity raise led by Castle Creek Capital with additional investment from Launchpad Capital, enabling the fintech to spin out from Central Bank of Kansas City. Proceeds will fund technology, product, and staffing investments as the company scales its Open*CP API marketplace and prepaid card issuance business; the bank will remain an investor and strategic partner.
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August 9, 2022
- Buyer
- Jack Henry & Associates
- Target
- Payrailz
- Industry
- Payments & Fintech
- Location
- Connecticut, United States
- Type
- Buyout
Jack Henry & Associates has entered into a definitive agreement to acquire Payrailz, a Glastonbury, Connecticut–based cloud-native, AI-enabled digital payments platform, to expand its payments capabilities. The acquisition strengthens Jack Henry's payments-as-a-service strategy by adding real-time P2P, bill pay, A2A, and other next-generation payment capabilities; financial terms were not disclosed.
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- Buyer
- Colonnade Acquisition Corp. II
- Target
- Plastiq Inc.
- Industry
- Payments & Fintech
- Location
- California, United States
- Type
- Growth capital
Plastiq Inc., a B2B payments platform for small and midsize businesses, has entered into a definitive merger agreement with special purpose acquisition company Colonnade Acquisition Corp. II to take Plastiq public. The combined company will operate as Plastiq with an implied enterprise value of approximately $480 million at closing and is expected to add about $320 million of cash to the balance sheet to support organic and inorganic growth.
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August 4, 2022
- Buyer
- Convenient Brands, The Beekman Group
- Target
- Dealer Pay, LLC
- Industry
- Payments & Fintech
- Location
- Missouri, United States
- Type
- Addon
Convenient Brands, a Draper, Utah-based platform and portfolio company of The Beekman Group, has acquired Dealer Pay, LLC, a St. Louis-area provider of web-based payments and point-of-sale software for automotive dealerships. The transaction includes a strategic growth investment to accelerate product development and expand Convenient Brands' automotive payments and software offering.
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- Buyer
- HRS
- Target
- Paypense
- Industry
- Payments & Fintech
- Location
- Germany
- Type
- Buyout
HRS, a corporate travel and payments technology platform, announced it is acquiring Germany-based Paypense to broaden its digitized spend management and payment capabilities for corporations and employees. Paypense’s open platform will be integrated into HRS Pay, with Paypense employees joining HRS Pay and the acquisition slated to formally close in August.
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- Buyer
- Paystand
- Target
- Yaydoo
- Industry
- Payments & Fintech
- Location
- Mexico
- Type
- Buyout
Paystand, a U.S.-based blockchain-enabled B2B payments provider, has acquired Mexico-based Yaydoo, a leader in accounts payable, spend management, and cash-flow solutions in LATAM. The combined company will integrate AR and AP capabilities to create a single commercial blockchain-based B2B payments network across the Americas, expand market reach in the U.S. and LATAM, and aims to scale toward an IPO.
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July 28, 2022
- Buyer
- Ageras Group
- Target
- Kontist
- Industry
- Payments & Fintech
- Location
- Berlin, Germany
- Type
- Buyout
Ageras Group has acquired Kontist, a Berlin-based neo-bank focused on freelancers and microbusinesses, to expand its fintech and accounting product suite into Germany. The deal adds Kontist's ~150 employees and banking/tax automation capabilities to Ageras' ecosystem, boosting Ageras' run-rate revenue and reinforcing its position as an integrated financial cockpit for small businesses.
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- Buyer
- DHC Acquisition Corp
- Target
- GloriFi
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Type
- Buyout
GloriFi, a mission-driven fintech platform offering financial products such as credit cards, digital banking, insurance, mortgages, and brokerage, entered into a definitive agreement to become publicly listed through a business combination with DHC Acquisition Corp. The transaction is expected to provide approximately $279 million in cash proceeds to GloriFi and is expected to close in the first quarter of 2023, subject to shareholder approvals and other customary conditions.
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July 19, 2022
- Buyer
- PSG, H.I.G. Growth Partners
- Target
- Fidelity Payment Services
- Seller
- H.I.G. Growth Partners
- Industry
- Payments & Fintech
- Location
- New York, United States
- Type
- Growth capital
PSG (Providence Strategic Growth) has made a strategic growth equity investment in Fidelity Payment Services, the operator of the Cardknox omni-channel payments platform. Existing investor H.I.G. Growth Partners sold its majority stake but coinvested in the deal and will remain a minority shareholder; proceeds will support Fidelity's go-to-market acceleration and M&A plans.
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- Buyer
- Buckaroo, Keensight Capital
- Target
- SEPAY
- Seller
- Tamás Fogl, Herman Roebersen
- Industry
- Payments & Fintech
- Location
- South Holland, Netherlands
- Type
- Addon
Buckaroo has signed an agreement to acquire a majority stake in SEPAY, a Benelux point-of-sale payment solutions provider headquartered in The Hague, with support from Keensight Capital. The transaction expands Buckaroo's omnichannel payments offering and strengthens its SME and retail footprint across the Benelux and Germany; completion is subject to customary closing conditions and regulatory approval.
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July 1, 2022
- Buyer
- EVERTEC, Inc.
- Target
- BBR SpA
- Industry
- Payments & Fintech
- Location
- Chile
- Type
- Buyout
EVERTEC, Inc. entered into a share purchase agreement to acquire 100% of BBR SpA, a Santiago, Chile–based payments and business technology company with operations in Chile and Peru, for an aggregate purchase price of CLP 48,600 million (about USD $60 million at current exchange rates). The company later announced it has closed the previously announced BBR acquisition for an aggregate purchase price of CLP 48,600 million (approximately USD $53 million).
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June 23, 2022
- Buyer
- An affiliate of Peak Rock Capital
- Target
- Passport Technology
- Industry
- Payments & Fintech
- Location
- Nevada, United States
- Type
- Growth capital
An affiliate of Peak Rock Capital made a strategic growth investment in Passport Technology to provide capital and strategic support for the payments- and gaming-focused technology provider. The investment will help Passport expand its customer base, develop new technology-enabled products and services, and pursue additional strategic partnerships as it scales across additional end markets.
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- Buyer
- RF Investment Partners
- Target
- Allied Payment Network
- Industry
- Payments & Fintech
- Location
- Indiana, United States
- Type
- Growth capital
RF Investment Partners completed a growth capital investment in Allied Payment Network, a Fort Wayne, Indiana-based provider of online and mobile payment solutions for banks and credit unions. The financing will support Allied's product innovation and expansion to help financial institutions acquire and retain account holders.
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June 20, 2022
- Buyer
- Kofax
- Target
- Tungsten Corporation
- Industry
- Payments & Fintech
- Location
- England, United Kingdom
- Type
- Buyout
Kofax has acquired Tungsten Corporation, a global B2B e-invoicing and invoice-to-pay network, to expand its cloud invoicing and accounts-payable automation capabilities. The acquisition brings Tungsten's supplier onboarding, e-invoice exchange and payment processing capabilities and its workforce (reported >227 employees) into Kofax's Intelligent Automation platform to support customers' end-to-end order-to-cash and invoice-to-pay journeys.
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June 9, 2022
- Buyer
- Business Warrior Corp.
- Target
- Alchemy Technologies
- Industry
- Payments & Fintech
- Location
- United States
- Type
- Buyout
Business Warrior Corp. (OTC: BZWR) acquired Alchemy Technologies, a global FinTech SaaS company, in a deal valued at $8.75 million (cash, preferred stock and restricted common stock). The acquisition adds Alchemy’s cloud-native lending and embedded financing platform and its engineering team to Business Warrior’s marketing and lending product suite, expanding the company’s FinTech capabilities and international reach.
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May 30, 2022
- Buyer
- Trustly AB
- Target
- Ecospend Technologies Ltd
- Industry
- Payments & Fintech
- Location
- England, United Kingdom
- Type
- Buyout
Swedish payments platform Trustly AB has acquired UK open-banking payments provider Ecospend Technologies Ltd to strengthen and accelerate its UK expansion. Ecospend — an FCA-regulated PISP/AISP with strong UK bank connectivity and public-sector clients including HMRC — will complement Trustly’s account-to-account capabilities; financial terms were not disclosed and the deal is subject to regulatory approvals.
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May 26, 2022
- Buyer
- LSQ
- Target
- Qwil
- Industry
- Payments & Fintech
- Location
- California, United States
- Type
- Buyout
LSQ, a provider of working capital finance and payments solutions, has acquired Qwil, a San Francisco-based fintech offering embedded early-payment and AP automation solutions for the contingent staffing market. The acquisition brings Qwil’s embedded finance platform and integrations together with LSQ’s funding, underwriting and payments scale to expand capabilities for staffing and professional services clients.
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- Buyer
- Lateral Investment Management
- Target
- FirstClose, Inc.
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Type
- Growth capital
Lateral Investment Management has made a $35 million growth equity investment in FirstClose, a fintech provider of underwriting workflow automation, point-of-sale software, and data services for mortgage and home equity lenders. The funding will be used to accelerate product development, expand sales and customer success teams, and pursue organic growth and potential acquisitions to broaden FirstClose’s footprint across the U.S. lending market.
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May 13, 2022
- Buyer
- Thoma Bravo
- Target
- Bottomline Technologies
- Seller
- Bottomline stockholders
- Industry
- Payments & Fintech
- Location
- New Hampshire, United States
- Type
- Buyout
Thoma Bravo completed an all-cash acquisition of Bottomline Technologies for approximately $2.6 billion, taking the payments software company private. Thoma Bravo said it will leverage its capital and operating expertise to accelerate Bottomline’s product innovation and global growth while Bottomline appointed Craig Saks as CEO.
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May 9, 2022
- Buyer
- KeyBank (KeyCorp)
- Target
- GradFin
- Industry
- Payments & Fintech
- Location
- Pennsylvania, United States
- Type
- Buyout
KeyBank has acquired GradFin, a fintech specializing in Public Service Loan Forgiveness counseling and student loan advisory solutions. The acquisition expands KeyBank's digital and niche advisory capabilities, integrating GradFin's high-touch advisory offerings for individuals, financial advisors and employers into Key's product suite.
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