Fortis Acquires SmartPay to Strengthen Embedded Payments Capabilities
June 22, 2023
Fortis, a US-based embedded payments and commerce technology provider, has acquired SmartPay, an embedded payments solution provider with strong ERP and enterprise software relationships. The acquisition will add SmartPay’s team and customer relationships to Fortis and expand its capability to serve software platforms, marketplaces and scaling businesses, coinciding with Fortis’ launch into Canada and new settlement features.
- Buyers
- Fortis
- Targets
- SmartPay
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Transaction Type
- Buyout
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