AvidXchange Acquires BankTEL Systems

TPG and Corpay Acquire AvidXchange

October 15, 2025

Payments & Fintech

TPG acquired a majority interest in AvidXchange in a take-private transaction valued at approximately $2.2 billion, with Corpay purchasing a 34% minority stake for about $550 million. The deal will make AvidXchange a private company as TPG leads efforts to accelerate growth while Corpay partners strategically to expand payments and AP automation capabilities.

Bluefin Acquires TECS Payment Systems

November 1, 2022

Payments & Fintech

Bluefin, a payments security and encryption provider based in Atlanta, has acquired TECS Payment Systems, an Austria-based omnichannel payments platform provider. The deal combines Bluefin’s PCI-validated encryption and tokenization capabilities with TECS’ smartPOS, gateway and international payments capabilities to expand product functionality and global reach.

TTEC Acquires Avtex

March 1, 2021

IT Services

TTEC Holdings, Inc. (TTEC) has agreed to acquire Avtex, a full-service customer experience (CX) technology and solutions leader headquartered in Minneapolis. The acquisition expands TTEC's CX technology portfolio and mid-market footprint by adding Avtex's technology partnerships, IP in AI/analytics and automation, and a team of 500+ CX engineers and solution architects.

Bank of America Acquires Axia Technologies (AxiaMed)

April 2, 2021

Financial Services

Bank of America acquired Axia Technologies, Inc. (AxiaMed), a Santa Barbara–based healthcare payment and technology company, to deepen and expand its payment offerings for healthcare clients. The acquisition brings AxiaMed’s patient-payment gateway and terminal software onto Bank of America’s proprietary merchant services platform to strengthen the bank’s healthcare payments capabilities.

iQSTEL Acquires 51% Stake in QXTEL

January 23, 2024

Telecommunications

iQSTEL Inc. has entered into a binding agreement to acquire 51% of the capital stock of QXTEL, a wholesale telecommunications provider with offices across Miami, London, Buenos Aires, Istanbul, Belgrade and Dubai. Management said the deal nearly doubles iQSTEL's revenue, brings new wholesale carrier customers and executive talent, and will be integrated to drive operating efficiencies and margin expansion.

Alkami Acquires ACH Alert

October 6, 2020

Payments & Fintech

Alkami Technology, a Plano, Texas–based cloud digital banking platform, acquired ACH Alert, a provider of ACH and electronic payments fraud prevention solutions, to add fraud-prevention and secure money-movement capabilities to its platform. The acquisition integrates ACH Alert's PRO-TECH and PRO-CHEX solutions to strengthen Alkami's treasury and payments security offerings for banks and credit unions.