AccessPay secures investment from Accel-KKR
6 Articles
6 Articles
AccessPay secures majority investment from Accel-KKR
AccessPay, a bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a global private equity firm focused on enterprise technology and software. The funding will allow AccessPay to scale its services for enterprise clients, develop new product offerings, and pursue strategic acquisitions. The company helps organisations drive finance transformation and achieve AI readiness by connecting back-office fin…
AccessPay Accelerates Growth With Majority Investment From Leading Software Investor, Accel-KKR
AccessPay, a leading bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a prominent global private equity firm specialising in enterprise technology and software companies. The investment is expected to enable AccessPay to fuel the next phase of growth and further its ambition to become a world-class SaaS business driving innovation in the office of the CFO. The investment also opens the door for …
Accel-KKR takes majority stake in AccessPay
World-leading private equity investor Accel-KKR has acquired a majority stake in AccessPay. The deal for the Manchester FinTech realises an exit for Maven Capital Partners. AccessPay, a bank integration and payment automation provider, said the deal – for an undisclosed sum – opens the door for it to pursue growth via strategic acquisitions. AccessPay was founded in Manchester by Ali Moiyed as the first cloud-based BACS software in the UK. In 20…
Maven exits AccessPay in private equity deal delivering 2.5x return
Maven Capital Partners has successfully exited Manchester-based fintech AccessPay following its acquisition by US investment firm Accel-KKR, delivering a 2.5x return for investors in the Northern Powerhouse Investment Fund I. The transaction marks a significant milestone for both AccessPay and the wider Northern fintech ecosystem, underscoring the growing strength of technology businesses outside London and the role of regional investment funds …
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