Payroc Acquires Atlantic Merchant; First American by Deluxe Adds SwipeSimple’s Software

Funding Rounds

▤ Summary

Atlantic Merchant’s services include touchscreen POS, mobile solutions, e-commerce, countertop terminals, and smart-phone applications. Merchant segments serviced include restaurant and hospitality, as well as business-to-business and business-to-government transactions. “Atlantic Merchant’s referral partners and merchants will benefit from Payroc’s differentiating payment technology, in-house processing capabilities, and experienced support team, solidifying their already strong relationships,” Oberman said in a prepared statement. Payroc processes more than $80 billion in annual transaction volume for more than 151,000 merchants in more than 45 markets. “The combination of the SwipeSimple customer-facing technology with our full-service acquiring solution fills a critical gap for SMB merchants and software partners delivering everything they need and nothing they don’t,” said Shawn Dillon, executive vice president of sales for First American, in a statement.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors Payscape Lead investors
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Company - Funded company

▥ Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Financial Technology Payment Processing SaaS

▦ Linked Companies

Payroc
$100M to $250M