Digital Payments News

Avenu Acquires Government Payment Solution Provider, Interware Development Company

Avenu Acquires Government Payment Solution Provider, Interware Development Company

Connecting Citizens with Their State & Local Governments Through More Efficient Technology

Avenu Insights & Analytics, the global leader in revenue enhancement and administration solutions for state and local governments, announced the acquisition of Interware Development Company Inc., a leading provider of cloud-based payment solutions for local governments.

“Governments are seeing an increasing need for an integrated payment solution software offering to streamline their administrative and budget activities and automate workflow processes”

Interware’s industry leading payment processing solutions will provide a new, centralized payment platform for Avenu’s existing clients. Together, Avenu and Interware will provide a premier software and services offering that improves the citizen experience and enhances government capabilities. The combined platform will allow state & local governments to more efficiently collect permitting & licensing, utilities and tax revenue.

Latest Fintech News: VTEX and Nuvei Partner Amid Global Expansion Drive

The integration of Interware’s dynamic payment solutions and Avenu’s mature sales & marketing framework enables the consolidation of current third-party payment processing providers. The result is a streamlined level of service that transforms the way in which the government can address the rapid growth in workflow processes that limits staff productivity and resources, which ultimately impact efficiency. Shared resources and an integrated strategy will enable the combined company to provide additional services and greater technical expertise to its client base.

Latest Fintech News: Bison Bank’s Crypto Subsidiary Partners With Sygnum to Enter Crypto Market

“Governments are seeing an increasing need for an integrated payment solution software offering to streamline their administrative and budget activities and automate workflow processes,” shared Avenu CEO, Paul Colangelo. “The combination of Avenu and Interware will provide governments with a centralized solution to maximize their efficiency while shaping a more robust citizen experience.”

“We are very excited to join the Avenu family,” stated Interware Vice President, Nichole Sperry. “Our combined GovTech platform will deliver positive outcomes and an elevated experience for all of our clients.”

Latest Fintech News: CloseFactor Raises $20 Million to Become the GTM Operating System for Revenue Teams

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Fulton Bank Names Dara Bachman President of Fulton Private Bank

Fintech News Desk

Crypto and Blockchain Leaders Amass $78 Million for Fairshake Super PAC and its Affiliates to Support Pro-Innovation and Pro-Crypto Leadership Going Into 2024 Congressional Elections

PR Newswire

Silicon Valley Bank Hires Sunita Patel as Head of Business Development, Technology and Healthcare

Fintech News Desk
1