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April 25, 2024
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Paystand Acquires Teampay

We are delighted to announce that Paystand, a leader in B2B payments, has just acquired Teampay, a top-tier spend management software for small- and medium-sized businesses. This acquisition isn't just big news for these companies; it's a game-changer for the future of B2B payments.

What does this mean for Teampay users? 

In the near term, business will continue as usual!  You can expect the same great support and continuation of service. 

Behind the scenes this acquisition accelerates our continued hard work on key enhancements to both the product infrastructure as well as highly requested features to improve the user experience! 

Why should you care? 

If you're a business owner, CFO, or involved in financial management, this acquisition offers tangible benefits. It means better tools to manage expenses, optimize cash flow, and drive profitability. With the challenges of managing finances in today's economy, having access to innovative solutions is crucial for staying competitive and profitable.

Why should everyone be excited? 

This acquisition isn't just about two companies coming together; it's about the potential to reshape the entire landscape of B2B payments. By expanding Paystand's network businesses of all sizes stand to benefit. The possibilities are endless, from faster transactions to reduced fees and greater transparency.

Paystand's acquisition of Teampay represents a significant milestone in the evolution of B2B payments. With a shared vision for innovation and a commitment to empowering businesses, the future looks brighter than ever!

Bottomline

We are here to partner with you to drive down costs and accelerate time to cash, delivering  value directly to your bottom-line.  

Learn more

If you want to read more about how this acquisition fits into Paystands wider vision, read my blog post here.

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