Paya and FinTech III Announce Merger Agreement

ATLANTA -- Paya, a leading integrated payments and commerce solution provider, and FinTech Acquisition Corp. III (NASDAQ: FTAC) (“FinTech III”), a special purpose acquisition company, announced today that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined company (the "Company") will operate as Paya and will be listed on NASDAQ under the new symbol PAYA. The transaction reflects an implied enterprise value for the Company of approximately $1.3 billion.

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Paya is all about growing your business.

Your portfolio of solutions is about to get stronger. Tap into Paya’s integrated technology, tools, resources, and reliable support and deliver modern payment solutions that’ll have your customers and your bottom-line smiling.

Connect from anywhere.

Paya’s open environment simplifies connectivity to provide secure and reliable payment solutions for an increasingly mobile, connected and “always on” world – online, in store or on-the-go.

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Our partnerships are deeply rooted in trust and proven experience. We focus on driving value and creating differentiated support by building stronger partnerships and enabling you with the tools and resources you rely on to grow.

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Technology for an evolving marketplace.

Paya’s agile platform provides smart business solutions that integrate seamlessly with today’s technology and are ready to adapt to whatever the market brings tomorrow.

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Lean on us.

Paya is the future of smart business solutions, we leverage innovation to streamline your experience with us so you can focus your time and resources on what matters most – your customers and your business.

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A trusted business advisor.

With more than 20 years as a trusted provider of best-in-class technology and easy-to-implement business solutions, our partners know we’re committed to their success. We’ve got smart solutions for every type of experience tailored to the needs of each particular business.

  • $30B

    processed annually
  • 100k

    customers served
  • 1k+

    partnerships
  • 300+

    software integrations
  • 6

    overall ranking in US e-commerce volume
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    Paya
Brian Bowerfind
Duke Williams

“As a longtime partner with Paya, we are excited to leverage their capabilities and platform to grow our business. From sales to implementation to service, Paya has all the right assets to help us succeed.”

Brian Bowerfind, President of Net 1

“Service is the pillar of our business. With Paya’s multi-tiered support, we know that we are trusting our client relationships with a team of experts who are professional, responsive, and put our customer experience first. Treat others as you want to be treated. Paya has always worked with us as a partner, and with our customers, in this way.”

Duke Williams, President

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