Announced
Completed
Synopsis
Paystand, a company in blockchain-enabled accounts receivable and B2B payments, completed the acquisition of Yaydoo, a company in accounts payable, cash flow management, and liquidity solutions. Financial terms were not disclosed. “Yaydoo and Paystand have enabled B2B payment networks through their AR/AP software landscape. Now it’s time to join forces and deliver solutions that will simplify and digitalize trade among the U.S. and Mexico, unlocking a set of opportunities for automating supply chain finance through the imports and exports of one of the most active trade corridors globally,” Sergio Almaguer, Yaydoo CEO.
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