Payrix, the acknowledged leader in embedded fintech, announced its official launch into Australia and New Zealand – as it completed the acquisition of Brisbane-based payment service provider, IntegraPay. The company’s expansion efforts will remove barriers, boost revenue and accelerate money movement for a network of growing software-as-a-service (SaaS) clients with operations overseas.
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A digital payments trailblazer in infrastructure-as-a-service technology, Payrix is deeply client-focused, determined to fuel stickiness and monetization for vertically-focused SaaS providers. On the heels of the company’s recent Series A extension, this acquisition positions Payrix as one of few truly independent payment technology providers supporting its clients as part of a global strategy, and will add an additional $1.75B in processing volume to the Payrix Platform.
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As more vertical SaaS providers turn to embedded commerce to innovate their product, increase lifetime client value and build enterprise value – Payrix continues to have a laser focus on client success and demonstrate what it takes to reimagine the digital payments ecosystem, again and again.
“We’ve listened to our clients and many have exciting plans to expand globally – it became clear we needed to eliminate obstacles that were holding them back,” said Payrix CEO, Eric Frazier. “We believe IntegraPay’s market-leading technology, customer-centricity and local presence will deliver the seamless user experience and growth results our clients need to scale smart.”
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