Acquisition finalized: Payroc takes over Agilisa Technologies
Payroc Strengthens Global Payment Processing Capabilities with Acquisition of Agilisa Technologies
Payroc, a leading global payment processing company, has announced the acquisition of Agilisa Technologies, an API-centric payment gateway headquartered in Santo Domingo, Dominican Republic. This strategic move significantly strengthens Payroc's global payment processing capabilities and expands its presence in Latin America and the Caribbean.
Javier Sánchez, CEO of Agilisa Technologies, expressed his eagerness to contribute to Payroc's vision. He emphasised the importance of preserving the agility and transparency that customers expect, while unlocking broader processing capabilities and global reach.
The acquisition unites Agilisa's innovative gateway with Payroc's robust processing network, providing global coverage for new and existing partners via a single connection. Agilisa's gateway powers retail, e-commerce, and service providers, making it a valuable addition to Payroc's offerings.
One of the key impacts of this acquisition is the creation of a unified global connection through the integration of Agilisa's API-centric payment gateway into Payroc's existing API framework. This eliminates the need for merchants and partners to manage multiple integrations, accelerating developer time to market and simplifying global payment acceptance.
The acquisition also extends Payroc's presence in Latin America and the Caribbean, granting the company direct access to hundreds of enterprise-level merchants, including regional marquee brands, across these regions. This enhancement of Payroc’s competitive footing within rapidly growing markets that are integral to borderless commerce is another significant benefit of the acquisition.
Technologically, Agilisa’s developer-first approach, transparent pricing, and robust API tooling complement Payroc’s processing network, improving the scalability and flexibility of payment solutions offered to retail, e-commerce, and service providers worldwide.
Collectively, this acquisition enables Payroc to deliver more seamless, secure, and scalable payment processing internationally, fostering global trade and cross-border transactions with less friction and greater efficiency.
It's worth noting that this is the third M&A transaction announced by Payroc in the past 30 days, demonstrating the company's commitment to growth and innovation in the payment processing industry.
With the integration of Agilisa, Jim Oberman, CEO of Payroc, states that the company enhances its gateway proposition with a single, powerful API that scales across borders. Agilisa employees will join Payroc's global organization, accelerating the development of settlement, reporting, tokenization services, and point-of-sale integrations.
This strategic alignment between Agilisa and Payroc enables seamless, multi-currency transactions across more than a dozen markets, further solidifying Payroc's position as a global leader in payment processing.
[1] Payroc Press Release, [date] [2] Agilisa Technologies Press Release, [date] [3] Latin American e-commerce market to reach $1 trillion by 2025, [source], [date] [4] The Caribbean e-commerce market poised for significant growth, [source], [date]
Finance is at the heart of Payroc's strategic move, as the acquisition of Agilisa Technologies aims to boost their global payment processing capabilities, leading to increased revenue streams and expansion in rapidly growing markets.
Post-acquisition, Payroc anticipates enhancing its gateway proposition with a unified, powerful API that scales across borders, thereby improving the financial efficiency of payment solutions offered worldwide.
