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TreviPay acquires Baton to expand SME arm

Thursday 24 February 2022 11:21 CET | News

US-based TreviPay, a global financial technology company, has announced its acquisition of BATON Financial Services, a technology company offering B2B invoice payments network solutions.

To meet the trade credit needs of small businesses, Baton’s payments network has helped the delivery of structured financial services in partnership with financial institutions. This acquisition is part of TreviPay’s global expansion plan to make B2B payments faster and more flexible for its clients.

TreviPay will now be able to expand its support for small businesses suppliers to offer trade credit to their customers without the risk, delay in payments and complexities associated with managing accounts receivable. 

Baton brings industry knowledge and experience in guiding small businesses through sustainable lending and the associated risk management. 

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Keywords: acquisition, fintech, B2B payments, e-invoicing
Categories: Banking & Fintech
Companies: BATON Financial Services, TreviPay
Countries: United States
This article is part of category

Banking & Fintech

BATON Financial Services

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TreviPay

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