KEYBANK ACQUIRES LEADING PAYMENTS INNOVATOR XUP
KeyBank National Association today announced that it has acquired XUP Payments, a B2B focused digital platform.
XUP’s technology enables simple, intuitive, client onboarding and servicing experiences. Its team of engineers has built integrations with processors, 3rd party risk tools, customer relationship management systems, and other fintech services, allowing banks to offer a more integrated and seamless payments experience. Key was an early investor in XUP, and this transaction follows a highly successful partnership between the two companies which transformed Key’s Merchant Payments capabilities, accelerating its top quartile volume growth.
