HRS Acquires Paypense to Expand Corporate Spend Management Payments Platform

August 4, 2022

HRS, a corporate travel and payments technology platform, announced it is acquiring Germany-based Paypense to broaden its digitized spend management and payment capabilities for corporations and employees. Paypense’s open platform will be integrated into HRS Pay, with Paypense employees joining HRS Pay and the acquisition slated to formally close in August.

Buyers
HRS
Targets
Paypense
Location
Germany
Transaction Type
Buyout

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