trending Market Intelligence /marketintelligence/en/news-insights/trending/dbDfaN9VpcZTTIXgK56XtA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Clearent to acquire merchant services division of Payment Alliance International

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Fintech Intelligence Digital Newsletter: April 2021

Blog

Fintech Intelligence Newsletter: March 2021


Clearent to acquire merchant services division of Payment Alliance International

St. Louis, Mo.-based payment processor Clearent LLC has agreed to acquire the merchant services division of ATM provider Payment Alliance International.

Payment Alliance's merchant services division provides payment processing solutions for businesses, independent sales organizations, agents and associations. It serves more than 17,000 merchants in the U.S.

The acquisition will expand Clearent's portfolio with the addition of $4.2 billion in processing volume, a complementary telesales channel and strategic association partnerships, Clearent said.

Clearent will start serving Payment Alliance's merchants and other business relationships after closing of the transaction.

Golding & Co. served as financial adviser to Payment Alliance on the transaction.