Digital Payments Finance Fintech News

Evolv expands with acquisition of Future payments

Evolv expands with acquisition of Future payments

Evolv, a leader in payment acceptance solutions serving over 16,000 businesses and processing $6 billion annually, has announced the strategic acquisition of Future Payments, a Nashville-based company. This partnership marks a pivotal milestone, with Future Payments rebranded as Evolv Nashville. The acquisition enhances Evolv’s distribution capabilities and leadership, paving the way for innovative payment solutions and significant growth.

Read More : Navigating the Future: Key IT Trends in Financial Services

Brad Hollar, COO of Future Payments, emphasized the partnership’s shared vision: “Evolv’s commitment to innovation and support mirrors our goals at Future Payments. Together, we’re set to make an even greater impact in the payments space.” Shay Horseman, CEO of Future Payments, echoed this sentiment, expressing optimism about the collaboration. “Evolv has welcomed us with open arms,” Horseman stated. “The added resources and expertise empower us to grow exponentially while continuing our mission at an incredible pace.”

John Johnson, Chief Development Officer at Evolv, highlighted the partnership’s strategic value, noting, “Our collaboration with Future Payments demonstrates the power of aligned interests. This merger enhances our ability to serve clients in an evolving payments landscape. Culturally, Shay, Brad, and their team are a perfect fit for Evolv, and we are tremendously excited about the opportunities ahead.”

Evolv’s CEO, Allan Noe, emphasized the partnership’s significance in fulfilling the company’s mission of delivering exceptional value to merchants. “Shay, Brad, and their team bring invaluable expertise and a commitment to excellence that aligns with Evolv’s goals,” Noe remarked. “This collaboration enables us to combine our strengths and deliver innovative solutions that help merchants thrive in a rapidly changing marketplace. At Evolv, fostering lasting partnerships is central to our success.”

Read More Global Fintech Series Interview with Tanya Thomas, EVP for EMEA, Q4

[To share your insights with us, please write to psen@itechseries.com ]

Related posts

Modulr Becomes First Non-Bank or Building Society to Launch Confirmation of Payee

Fintech News Desk

Advanced Technologies Allow for More Flexibility in Payment Solutions

Fintech News Desk

iLending, National Leader for Refinancing Car Loans, Named #1 for Customer Service by LendingTree

Fintech News Desk
1