Search Results for "Plastiq"
3 results for "Plastiq"
Deals 3
Priority Technology Acquires Plastiq to Strengthen B2B Payment Platform
Priority Technology Holdings acquired Plastiq, a B2B payments firm, to expand its unified commerce platform for bill pay and working capital solutions. The deal enhances Priority's embedded B2B payment capabilities for SMEs and enterprises. Plastiq's bill pay technology complements Priority's existing merchant acquiring and payment facilitation business.
B2B Fintech Plastiq Files Bankruptcy, Enters Sale Deal With Priority Technology
B2B payments fintech Plastiq filed for bankruptcy on May 25, 2023, and simultaneously entered a sale agreement with Priority Technology Holdings. Plastiq had enabled businesses to make payments via credit card on invoices that typically required other payment methods. The deal marks a notable failure in the B2B embedded payments space.
Plastiq Acquires SMB Fintech Nearside for $130 Million
Plastiq acquired Nearside, a fintech offering SMB banking, lending, and credit products, for $130 million. The deal strengthens Plastiq's position in small business financial services. Nearside's embedded banking and credit capabilities complement Plastiq's payments platform.