February 24, 2020
VersaPay Takeover By Great Hill Finalized
The acquisition of Canadian FinTech firm VersaPay by Boston private equity firm Great Hill has now been finalized, according to reports on Sunday (Feb. 23). Founded in 2006, VersaPay provides...
February 20, 2020
One Inc. Completes Recapitalization Via Great Hill Partners
Digital insurance industry payments platform One Inc. has completed a recapitalization led by private equity firm Great Hill Partners to support continued growth, according to a press release. One Inc....
December 20, 2019
The Week In Payments: Acquisitions, Partnerships And A Team Of...
The year may be winding toward a close and slowing down, but this week the world of payments showed signs of neither as big players seemed to be racing down...
December 15, 2019
Great Hill To Acquire VersaPay
Great Hill Partners, a growth-oriented private equity firm, has announced that it’s going to acquire VersaPay, a company that provides cloud-based invoice-to-cash solutions, according to a release from the companies....
November 05, 2019
Installment Payment Platforms Can Solve Trade Credit Problems
B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR), according to PYMNTS’ The Trade Credit Dilemma...
November 01, 2019
Uber Money, Alexa Bill Payments And Super Apps Top This...
It’s the end of the workweek and the beginning of a new month. And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you...
November 01, 2019
Building A More Collaborative AR Platform
Paper-based accounts receivable (AR) processes aren't just slow and costly — they can also be confusing. Buyers struggle to decipher paper invoices, and discrepancies that appear between buyer and seller...
October 31, 2019
Top News In Payments: Lyft’s Revenue Rises In Q3; Apple...
In today’s top payment news, Lyft announced third-quarter earnings results that illustrated a rise in ridership and revenue. Also, Apple will be embracing paying for Apple products on installment. And Facebook’s third-quarter results came out ahead of...
October 31, 2019
When AR Meets Social Networking
Small- and mid-sized businesses (SMBs) lack the financial buffers of their larger corporate counterparts and so are especially vulnerable to cash flow interruptions. These smaller players find it especially important...