Paystand, a blockchain-enabled B2B payments firm based in the U.S., has acquired LatAm-focused accounts payable startup Yaydoo. The move illustrates the growing appetite for fintech startups to expand overseas. Combined, the two companies serve 500,000 customers and have processed more than $5b in payment volumes.
| less than a minute read
Paystand acquires Yaydoo in B2B payments mashup
The businesses are "two sides of the same coin," Paystand CEO Jeremy Almond tells Ryan.
