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PayModum Announces Acquisition of Floid Inc. to Strengthen US Bank Payment Capabilities

PayModum, an online payment gateway providing access to 150+ online payment methods, today announces the completion of its acquisition of Floid Inc., a Delaware-incorporated entity that holds direct relationships enabling local, instant bank payments for merchants.Jake Dovey, CEO of PayModum, commented:“The acquisition represents a significant step forward for PayModum, strengthening its position in the growing market for instant bank payments i…
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Finance Magnates | Financial and business news broke the news on Monday, May 11, 2026.
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