Paystand, a leader in blockchain-enabled B2B payments, has acquired Teampay, a spend management software company, creating a combined powerhouse that services over 1 million businesses. The acquisition marks a significant step in Paystand’s goal of revolutionizing payments by expanding its B2B network with the use of blockchain technology. By integrating Teampay’s expense and accounts payable management capabilities with Paystand’s innovative payments platform, the company aims to streamline financial operations and drive business bottom-line profitability.
Paystand Acquires Teampay for Giant Leap Toward B2B Payment Revolution