Great Hill Partners-backed Versapay completed the merger with Solupay.

Great Hill Partners-backed Versapay, a cloud-based invoice presentment and payment provider helping B2B companies, completed the merger with Solupay, a company specializing in AR automation and integrated B2B payments offerings. Financial terms were not disclosed. The combined company will operate under the Versapay name and under the leadership of Craig O'Neill, current CEO of Versapay. "This merger accelerates the growth of the Versapay network, further empowering mid-market organizations to digitally transform payables and receivables functions. We look forward to continuing our support for Craig and the combined company as they relentlessly execute on their category-defining vision," Matt Vettel, Great Hill Partners. Managing Partner.