Paya Announces Acquisition of VelocIT
ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (“Paya”), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (“VelocIT”).
- ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (VelocIT).
- VelocIT brings to Paya industry-leading technologies, deep knowledge of the ERP market, and strong integration experience and expertise.
- Through the acquisition of VelocIT, Paya will accelerate its product roadmap, scaling the companys solution capabilities and extending its leadership in accounting and ERP integrations.
- With their technology platform, partnerships, and ERP domain expertise, the acquisition of VelocIT strengthens Payas ability to fulfill that commitment.