NMI Acquires USAePay to Expand Omnichannel Payment Offering
February 23, 2021
NMI, a global payments enablement technology company headquartered in Schaumburg, Illinois, has acquired USAePay, a Glendale, California-based payment gateway and POS-focused payments provider. The acquisition combines both companies' e-commerce, retail, mobile and unattended payment capabilities to strengthen NMI's omnichannel offering and expand coverage in key verticals such as retail and restaurants; terms were not disclosed.
- Buyers
- NMI
- Targets
- USAePay
- Industry
- Payments & Fintech
- Location
- California, United States
- Transaction Type
- Buyout
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