Payroc to Acquire PayiQ Becoming a Full-Service Acquirer with Secure, Cloud-Based Payments
Summary
Payroc signed a definitive agreement to acquire LedgerPay Inc., which does business as PayiQ. The deal will expand Payroc’s end-to-end processing platform and add cloud-enabled payment services, direct network connections, and stronger security features. Payroc says the acquisition will help it serve merchants, ISVs, agents, and referral partners with faster deployment and API-first modules. The transaction is expected to close in Q3 2025, after which PayiQ’s team will join Payroc’s global development hubs.
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Financial Technology
Payment Processing
SaaS
