Latest news with #Paynt
Irish Examiner
16-06-2025
- Business
- Irish Examiner
Irish fintech Paynt which specialises in 'tipping' technology makes Canadian acquisition
A payments firm founded in Cork which specialises in 'tipping' technology has continued a North American expansion with the purchase of a Canadian fintech which processes €2.2bn in transactions annually. Paynt, led by Cork native Sam Kohli, acquired Canadian firm E-xact Transactions and is committed to another US acquisition by the end of 2025. Paynt now has operations spanning Ireland, the UK, the Baltics, the US, and Canada. The company's Irish tipping technology has also delivered standout results for the hospitality sector, with venues like The Grafton Barber and Sober Lane reporting a 74% increase in tip revenue during December alone. 'With the opening of our new Vancouver office and this strategic acquisition, Paynt is entering an exciting new chapter, pushing the boundaries of innovation and cementing our position as a global leader in payment solutions,' said Sam Kohli, founder and board member of Paynt. Mr Kohli said the acquisition of E-xact Transactions will enable them to deliver high-performance solutions but also expand its operations by offering omnichannel payment processing services throughout Canada. 'Our vision is to build a seamless and secure global payments ecosystem, empowering businesses of all sizes to grow, innovate, and thrive. We are entering the next stage of strengthening our presence in the North American market, expanding the frontiers of our innovation, and reinforcing Paynt's position as a global leader in payment solutions,' said Sam Kohli, founder and board member of Paynt. The Canadian acquisition follows the recent opening of its new office in Connecticut and building on the momentum from its Irish headquarters in Dublin, established last year. Paynt recently the firm won the prestigious Merchant Payment Ecosystem (MPE) Award for payment innovation in Berlin.
Finextra
12-06-2025
- Business
- Finextra
Paynt acquires Canada's E-xact Transactions
Paynt, a leading European payment technology company, today announced its acquisition of Canadian firm E-xact Transactions, marking a major milestone in the company's strategic expansion across North America. 0 Paynt currently processes payments across the European Economic Area and the United Kingdom, with regional offices in the UK, Ireland, the Baltic States, and the United States. The acquisition of E-xact, which processes over CAD 3.5 billion annually across more than 50 million transactions, will add a new operational hub in Vancouver, Canada. To support this North American growth, Paynt has appointed payments industry veteran JohnPaul Golino to its board of directors. Golino will lead the integration of E-xact into Paynt's platform and oversee regional go-to-market efforts. 'With a new established presence in Connecticut and Vancouver, we're entering a new chapter in building Paynt's North American footprint and reinforcing our global leadership in payment solutions,' said Sam Kohli, founder and Group CEO of Paynt. Founded over 25 years ago, E-xact Transactions delivers lightning-fast, secure payment processing — with sub-one-second transaction times — and supports leading e-commerce platforms such as Shopify, Magento, and WooCommerce. 'This acquisition not only expands our reach but enhances the solutions we bring to merchants and partners across Canada,' said JohnPaul Golino. 'We thank MAPP Advisors for their guidance in connecting us with E-xact — this is the beginning of a powerful new phase.' Paynt is also actively evaluating additional acquisition targets in the United States, with plans to finalize another deal by the end of 2025.
Globe and Mail
11-06-2025
- Business
- Globe and Mail
European Fintech Paynt Acquires Canada-Based E-xact Transactions to Accelerate North American Expansion
VANCOUVER, BC , June 11, 2025 /CNW/ -- Paynt, a leading European payment technology company, today announced its acquisition of Canadian firm E-xact Transactions, marking a major milestone in the company's strategic expansion across North America . Paynt currently processes payments across the European Economic Area and the United Kingdom , with regional offices in the UK, Ireland , the Baltic States, and the United States . The acquisition of E-xact, which processes over CAD 3.5 billion annually across more than 50 million transactions, will add a new operational hub in Vancouver, Canada . To support this North American growth, Paynt has appointed payments industry veteran JohnPaul Golino to its board of directors. Golino will lead the integration of E-xact into Paynt's platform and oversee regional go-to-market efforts. "With a new established presence in Connecticut and Vancouver , we're entering a new chapter in building Paynt's North American footprint and reinforcing our global leadership in payment solutions," said Sam Kohli , founder and Group CEO of Paynt. Founded over 25 years ago, E-xact Transactions delivers lightning-fast, secure payment processing — with sub-one-second transaction times — and supports leading e-commerce platforms such as Shopify, Magento, and WooCommerce. "This acquisition not only expands our reach but enhances the solutions we bring to merchants and partners across Canada ," said JohnPaul Golino . "We thank MAPP Advisors for their guidance in connecting us with E-xact — this is the beginning of a powerful new phase." Paynt is also actively evaluating additional acquisition targets in the United States , with plans to finalize another deal by the end of 2025. About Paynt Founded in 2014, Paynt is a European payment technology company specializing in POS solutions, tipping systems, and integrated financial services. The company serves the hospitality and retail sectors with robust infrastructure and a suite of innovative payment products. About E-xact Transactions E-xact is a trusted platform serving bank partners, ISVs, and merchants. Known for its high-performance payment APIs and robust support for both e-commerce and unattended environments. E-xact is a proven, enterprise-grade gateway operating for over 25 years.
Cision Canada
11-06-2025
- Business
- Cision Canada
European Fintech Paynt Acquires Canada-Based E-xact Transactions to Accelerate North American Expansion
VANCOUVER, BC, June 11, 2025 /CNW/ -- Paynt, a leading European payment technology company, today announced its acquisition of Canadian firm E-xact Transactions, marking a major milestone in the company's strategic expansion across North America. Paynt currently processes payments across the European Economic Area and the United Kingdom, with regional offices in the UK, Ireland, the Baltic States, and the United States. The acquisition of E-xact, which processes over CAD 3.5 billion annually across more than 50 million transactions, will add a new operational hub in Vancouver, Canada. To support this North American growth, Paynt has appointed payments industry veteran JohnPaul Golino to its board of directors. Golino will lead the integration of E-xact into Paynt's platform and oversee regional go-to-market efforts. "With a new established presence in Connecticut and Vancouver, we're entering a new chapter in building Paynt's North American footprint and reinforcing our global leadership in payment solutions," said Sam Kohli, founder and Group CEO of Paynt. Founded over 25 years ago, E-xact Transactions delivers lightning-fast, secure payment processing — with sub-one-second transaction times — and supports leading e-commerce platforms such as Shopify, Magento, and WooCommerce. "This acquisition not only expands our reach but enhances the solutions we bring to merchants and partners across Canada," said JohnPaul Golino. "We thank MAPP Advisors for their guidance in connecting us with E-xact — this is the beginning of a powerful new phase." Paynt is also actively evaluating additional acquisition targets in the United States, with plans to finalize another deal by the end of 2025. About Paynt Founded in 2014, Paynt is a European payment technology company specializing in POS solutions, tipping systems, and integrated financial services. The company serves the hospitality and retail sectors with robust infrastructure and a suite of innovative payment products. About E-xact Transactions E-xact is a trusted platform serving bank partners, ISVs, and merchants. Known for its high-performance payment APIs and robust support for both e-commerce and unattended environments. E-xact is a proven, enterprise-grade gateway operating for over 25 years.
