Payments & Fintech Acquisitions in New Jersey

A group of private investors operating as CXNEST Ltd has completed the acquisition of crypto exchange Currency.com from investment firm VP Capital Ltd. The new owners plan to integrate Currency.com's technology with their resources and expand the platform's presence in the U.S. and EU while maintaining uninterrupted service for existing users.

Resolute Holdings I, LP (and affiliated vehicles) completed the acquisition of a majority interest (approximately 60% of outstanding shares) in CompoSecure, Inc. on September 17, 2024, in a transaction valued at about $372 million. Resolute has appointed David Cote as executive chairman and added several directors to CompoSecure's board; the investment is intended to drive organic growth, operational improvements and diversification of the company’s customer base through M&A.

EQT Private Equity (via its EQT X fund) has signed a definitive agreement to acquire BTRS Holdings Inc. (Billtrust), a B2B accounts receivable automation and integrated payments leader. The transaction represents a PE buyout of the Nasdaq-listed company to accelerate growth and expand capabilities in AR automation and payments.

CompoSecure Holdings, Inc. completed its previously announced business combination with Roman DBDR Tech Acquisition Corp. on December 27, 2021, and the combined company began trading on the Nasdaq under the ticker CMPO on December 28, 2021. The transaction takes CompoSecure public via the SPAC, positioning the company to accelerate growth in premium payment cards and its Arculus cryptocurrency storage and security product line.

Volante Technologies raised $35 million in growth equity financing led by Wavecrest Growth Partners with strategic participation from BNY Mellon, Citi Ventures, PostePay and Visa. The capital — Volante’s first outside investment after nearly two decades of organic growth — will be used to accelerate the company’s cloud expansion globally and extend its reach into new geographies, market segments and industry verticals.