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
- Industry
- Payments & Fintech
- Location
- Germany
- Transaction Type
- Buyout
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