Paynt Acquires E-xact Transactions

Platform Partners and Rahul Gupta Invest in E-xact Payments

November 18, 2020

Payments & Fintech

Platform Partners LLC, a Houston-based private holding company, completed an investment in E-xact Payments, a payments gateway and processing services provider founded in 1999. Payments executive Rahul Gupta invested alongside Platform and will serve as Chairman while Platform and the company hire senior payments leaders and invest in technology and people to expand E-xact’s service offering.

Exectras Acquires TRNXN

May 13, 2025

Payments & Fintech

Exectras has acquired TRNXN, a payments company known for its Cash Discount technology, in a deal facilitated by M&A advisor 733Park. The acquisition will expand Exectras' payment services and merchant solutions for small and midsize businesses while bringing TRNXN's payment-processing capabilities into Exectras' membership and employee-benefit platform.

Marqeta Acquires TransactPay

August 7, 2025

Payments & Fintech

Marqeta has completed its acquisition of TransactPay, a licensed E-Money Institution and BIN sponsorship provider serving the UK and European Economic Area. The deal strengthens Marqeta's card program management and payments capabilities in Europe, enabling simpler market entry and expanded services for customers across the UK and EU.

Fiserv Acquires Finxact to Accelerate Digital Banking Capabilities

February 7, 2022

Cloud & SaaS

Fiserv, a global provider of payments and financial services technology, agreed to acquire Finxact, a cloud-native core banking platform, purchasing the remaining ownership interest for approximately $650 million. The acquisition brings Finxact's API-first, real-time banking capabilities into Fiserv's portfolio to accelerate digital banking innovation for banks, fintechs and embedded finance partners.

Paystone Acquires Canadian Payment Services

January 26, 2022

Payments & Fintech

Paystone, a London, Ontario-based payments and customer engagement company, acquired Canadian Payment Services (CPS), a Canadian merchant services provider. The deal expands Paystone's merchant base and capabilities—adding CPS's ~10,000 merchants and enabling Paystone to offer its proprietary SaaS products and payment services to a larger Canadian footprint.

AffiniPay Acquires ClientPay

February 9, 2021

Payments & Fintech

AffiniPay, a provider of professional services payment solutions, acquired ClientPay from Persolvent to accelerate adoption of online payments among large law firms and expand its enterprise payment capabilities. The acquisition integrates ClientPay into AffiniPay’s portfolio (including LawPay) and adds key large-firm technology partnerships to strengthen AffiniPay’s enterprise market position.