AP, AR, and Payments Synergy Unleashes Unprecedented Working Capital Efficiency for U.S. and LATAM Businesses in an Inflationary Environment. The Combined Entity Forms 2022’s First and Fastest Growing DeFi Fintech Unicorn.
SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Paystand, the leader in blockchain-enabled accounts receivable and B2B payments, today announced the acquisition of Yaydoo, the leader in accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM. The deal represents one of the biggest technology unions in Mexico and LATAM and makes commercial blockchain-based solutions more accessible across the Americas.
“This is a watershed moment for both companies, the B2B payments ecosystem as a whole, and for the blossoming Latin America tech ecosystem in particular”
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In the midst of economic uncertainty, the fusion of the two firms opens a horizon of hope and opportunity, not only for other tech startups but also for Latin American businesses. Both...
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