Recent Payments & Fintech Acquisitions in South Carolina
Acquisition Volume in Payments & Fintech in South Carolina by Year
Last 5 years
Actual
Full-year estimate
-
June 22, 2021
- Buyer
- Repay Holdings Corporation
- Target
- Kontrol Payables
- Industry
- Payments & Fintech
- Location
- South Carolina, United States
- Type
- Buyout
Repay Holdings Corporation (REPAY) acquired Kontrol Payables for up to $11 million (approximately $8 million paid at closing) to expand its B2B accounts payable automation and payments capabilities. Kontrol, founded in 2011, provides integrated AP automation with 30+ ERP integrations and a supplier network of over 13,000, and is expected to process roughly $300 million of virtual card volume in 2021.
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