NMI, a full commerce enablement technology company specializing in payment infrastructure, including a single, easy-to-use payment gateway and CRM to deliver exceptional payment processing and onboarding solutions to merchant acquirers and ISVs, announced it has acquired Sphere’s Commercial Division to bolster its underwriting and risk management capabilities, providing independent software vendors, independent sales organizations, and fintech innovators the option to create merchant accounts within the existing NMI platform. The deal follows NMI’s acquisition of Agreement Express’s payments solutions in December 2022, further strengthening its feature suite that supports over 3,900 ISV, ISO, and fintech partners.
NMI Acquires Sphere’s Commercial Division, Simplifying Payments for Partners