Business
REPAY Expands into Canada
ATLANTA, April 25, 2019 /PRNewswire/ -- Repay Holdings, LLC, a leading provider of vertically-integrated payment solutions, together with its parent, Hawk
About this update from Repay Holdings Corporation
[{"type":"text","content":" ATLANTA, April 25, 2019 /PRNewswire/ -- Repay Holdings, LLC, a leading provider of vertically-integrated payment solutions, together with its parent, Hawk Parent Holdings LLC (together, \"REPAY\"), announced today expansion of its integrated payment processing services into Canada. REPAY will now offer its suite of payment processing solutions to the Canadian personal loans and automotive loans markets. REPAY's expansion into Canada allows Canadian lenders and finance companies to access REPAY's integrated payment technology platform, which reduces the complexity of electronic payments for merchants while enhancing their customers' overall experience. \nWith REPAY's payment products, merchants can accept payments anytime, anywhere via consumer-facing online payment portals, SMS/text pay, IVR/phone pay, and white-labeled mobile apps. The proprietary payment platform easily integrates with our clients' enterprise management systems and enables merchants to simplify and automate their payment and reconciliation processes. Merchants who use REPAY's payment services will have access to dedicated implementation teams, 24/7/365 customer service, and professional risk management resources.\nREPAY brings deep industry expertise and an innovative suite of payment solutions to Canada. \"We combine reliable and secure payment processing with an integrated technology platform to bring speed and convenience to the debt repayment process,\" said John Morris, CEO of REPAY. \"We believe we have an attractive opportunity to deliver new and exciting payment technology that brings innovation to the consumer and auto finance markets in Canada.\"\nThe expansion into Canada is a strategic next step for REPAY. \"We have several existing clients with a presence in the U.S. and Canada,\" said Shaler Alias, President of REPAY. \"We are thrilled to expand our footprint and extend our payment technology services to their Canadian operations. Our customers are excited about the capabilities the REPAY platform will bring to their operations and to the entire Canadian market.\"\nREPAY previously announced that it had entered into a merger agreement with Thunder Bridge Acquisition, Ltd. (NASDAQ: TBRG) (\"Thunder Bridge\") for a proposed business combination. Completion of the transactions is subject to approval by the stockholders of Thunder Bridge and certain...