Sidetrade to acquire CreditPoint Software.

Sidetrade, a AI-powered Order-to-Cash solutions company, agreed to acquire CreditPoint Software, a provider of real time B2B credit risk management solutions. Financial terms were not disclosed. "By acquiring CreditPoint Software, Sidetrade has undoubtedly enhanced its solution for B2B credit risk management and we are in pole position to take advantage of the boom in B2B e-commerce. After placing artificial intelligence at the core of our Collection, Disputes and CashApps solutions, we are now shaping the future of B2B credit risk management together with CreditPoint Software’s teams as we build on the analysis from our Data Lake of over $4.6bn worth of B2B transactions. Our technological advantage in AI over our competitors will only continue to assert itself and become even more evident. Working in tandem, the talents and technologies of both groups will enable Sidetrade to cement its global leadership position in Order-to-Cash," Olivier Novasque, Sidetrade CEO.