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New Deal


Announced

Bottomline completed the acquisition of TreasuryXpress.

Synopsis

Bottomline, a provider of financial technology, completed the acquisition of TreasuryXpress, a company that offers treasury management solutions. Financial terms were not disclosed. “Businesses need simpler and more integrated solutions that offer better control and management of cash. At the core of our innovation agenda, we are transforming payments and cash management processes to streamline and simplify the end-to-end cash lifecycle for businesses of all sizes, from SMBs to enterprises. An integrated payables, receivables and treasury management solution is an important innovation, for both corporates and the banks that serve them. Our combination with TreasuryXpress enables us to extend from our leading business payments capabilities to offer a uniquely comprehensive solution across the entire cash management lifecycle," Rob Eberle, Bottomline CEO.

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