Fintech InsurTech News

Alliant Announces Acquisition of Seafax, Inc.

Alliant Announces Acquisition of Seafax, Inc.

Information and reports aggregator

Alliant Insurance Services, Inc. has announced the purchase of Seafax, Inc., a leading provider of credit information and accounts receivable management services. Seafax has been a dominant presence in the food industry for over 35 years and has expanded to multiple verticals, including energy, logistics, and textiles.

Read More: SafetyPay Partners With LATAM Airlines Group to Provide Digital Payment Solutions, Including Bank Transfers and Cash Payments

Alliant Chairman and CEO Tom Corbett stated: “Seafax has extensive experience and knowledge in managing sophisticated credit information reporting programs, making the company a valuable addition to Alliant and aligning with the Alliant growth and acquisition strategy.”

“The Seafax platform gives clients insights into a potential customer’s financial stability as well as payment history, thus helping to protect our clients’ downside,” said Peter Arkley, President, Alliant Specialty. “The synergies between Seafax and our recently formed Alliant Trade Credit Group underpins our commitment to the credit risk sector and, most importantly, our clients. The information available through Seafax will empower clients with the business intelligence and expertise needed for strategic planning and operational success.”

Seafax President James Bonnvie stated: “We are excited to be part of the Alliant team. The Alliant suite of services will be of great value to our existing customers. Our knowledge and expertise in both the credit information and accounts receivable management sectors will be beneficial to the existing Alliant customer base.”

Read More: Sage Wins Best Feature Set and Usability Awards From TrustRadius For Sage Intacct Cloud Financial Management System

Related posts

SmartCard Marketing Systems Inc. Announces Deal With Atlas Tech of Saint Lucia to Implement Merchant Virtual Shops With Consumer Retail Wallet and Digital-ID With Cross-border Solutions for Guyana and Caribbean Islands

FTS News Desk

Ignite Sales Partners With Digital Credence To Help Credit Unions Pivot To Digital Engagement For Member Growth And Increased Member Satisfaction

FTS News Desk

SpaceChain Advances ERC-20 SPC Token with Decentralized Finance Capabilities to Unlock New Possibilities in Financial Services

FTS News Desk