
Cromwell-based Payveris to be Acquired by Washington Fintech
Cromwell-based Payveris has agreed to be acquired by a financial technology company based in Washington state in a deal valued at $152 million.
Cromwell-based Payveris has agreed to be acquired by a financial technology company based in Washington state in a deal valued at $152 million.
Cromwell-based financial technology company Payveris has launched a peer-to-peer payment feature that the company said is a rival to Zelle, Venmo, PayPal and Cash App.
Cromwell-based PayverisCU, a wholly owned registered credit union service organization (CUSO) of Payveris, has added 27 financial institutions to is digital platform in the past 12 months, the financial technology firm said in a statement last week.
The Cromwell-based fintech Payveris has raised a series D round of funding in order to accelerate client acquisition, platform innovation and the scale-up of the organization as the company continues its rapid growth.