Paya Holdings considering potential sale – Bloomberg

Atlanta-based payments technology company Paya Holdings Inc. is considering a potential sale amid takeover interest, Bloomberg News reported June 17, citing unnamed sources.

Paya is courting potential deals by working with an adviser, according to the report. Prominent, publicly traded payments companies are reportedly involved in the bidding race.

An agreement has yet to be reached, and company could still decide to not be acquired, Bloomberg noted.

In October 2020, FinTech Acquisition Corp. III acquired the company, after which it was renamed to Paya Holdings Inc.

A Paya representative did not immediately respond to a request for comment, the news outlet added.