U.S. fintech Payrix declared it is set to grow its services in Australia and New Zealand, as well as completed its acquisition of Brisbane-based payment service provider, IntegraPay. The expansion efforts come just days after Payrix announced it secured $50 million through its Series A funding round, which was led by Blue Star Innovation Partners and Providence Strategic Growth.
“Payrix offers the ability to seamlessly grow with the user’s business. From those just getting started to those who are truly ready to become a payment facilitator, Payrix provides white-label solutions that afford the flexibility to customize precisely and strategically. It enables users to leverage solutions that maintain the brand integrity of their merchant customers.”
“We’ve listened to our clients and many have exciting plans to expand globally – it became clear we needed to eliminate obstacles that were holding them back. We believe IntegraPay’s market-leading technology, customer-centricity and local presence will deliver the seamless user experience and growth results our clients need to scale smart.”