Sunday, September 26 2021

SAN FRANCISCO, September 8, 2021 / PRNewswire / – Apto Payments, a next-generation card and payments company, today announced the acquisition of Vertical Finance, a challenger credit card startup. This move expands both the product offerings and the Apto Payments team.

With this acquisition, Apto Payments will benefit from Vertical Finance’s innovative credit card platform and rewards technology. Prior to the acquisition, Vertical Finance’s credit platform connected consumers with high quality merchants and genuine rewards to enhance their lifestyle businesses.

“Card issuance represents a crucial new frontier for consumers and businesses, as innovations in payments strive to create a positive impact across a variety of uses. case,” noted Meg nakamura, co-founder and CEO of Apto Payments. “We are delighted to partner with Vertical Finance, a pioneer in modernizing the credit card industry, to realize our shared vision of lowering barriers to entry and enabling a superior customer experience.

In addition, Apto Payments will call on Vertical Finance’s experienced team of financial technology experts to help drive company growth, new product development, and global efforts to continue expanding access to financial services. . The team includes Matthew Goldman (Co-founder and CEO), Samantha nebrich (Co-founder and COO), Richard Francia (CTO), Dominique cheung (chief architect), and Evan li (Full Stack Engineer).

“Apto is at the forefront of bringing the power of cards to businesses and developers around the world. We are excited to combine our technology with the Apto platform to enable new experiences, ”said Matthew Goldman, co-founder and CEO of Vertical Finance.

For more information on Apto Payments, visit AptoPayments.com.

About Apto Payments

Apto Payments is a next-generation cards and payments platform committed to democratizing access to financial services by making card issuance accessible to every business, regardless of size or industry. ‘activity. Basically, Apto Payments is a trusted partner for businesses looking to get started with card issuance. The Apto Payments team is very experienced in the rapidly evolving financial technology arena with a history of working on the most innovative card programs in the industry, including the first bitcoin-backed debit card in the United States launched. in 2015. Today, Apto Payments continues to be a champion of the most developer and cardholder-focused programs.

Show original content:https://www.prnewswire.com/news-releases/apto-payments-acquires-fintech-startup-vertical-finance-301369001.html

SOURCE Apto Payments


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