Paymerang Acquires KwikTag and Sypht
April 11, 2023
Paymerang completed an acquisition on April 3, 2023, acquiring KwikTag (asset purchase) and Sypht (share purchase) from enChoice to expand its accounts-payable automation capabilities. The deals add Microsoft Dynamics-native document management and an AI-powered data extraction platform, broadening Paymerang’s product set, channel reach and international footprint.
- Buyers
- Paymerang, LLC
- Targets
- KwikTag, Sypht
- Sellers
- enChoice, Inc.
- Industry
- Cloud & SaaS
- Location
- Arizona, United States
- Transaction Type
- Buyout
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