Paysafe, a leading global provider of payment solutions, is expanding its product capabilities by acquiring Income Access Group for approximately US$30m.
Income Access is a market-leading brand providing innovative affiliate technology for businesses to manage their performance marketing programmes. In addition, more than 25,000 affiliates use the company’s multi-channel software for their marketing campaigns.
It was founded in 2002 and is based in Montreal, Canada, with employees in Vancouver, London and Brisbane. Paysafe president and CEO Joel Leonoff said: “By adding Income Access’ affiliate technology to our product suite alongside our Skrill and NETELLER brands and deepening our merchant relationships, this transaction delivers on Paysafe’s strategic objectives to provide relevant payment solutions that serve the evolving needs of our merchants.
“Income Access is an excellent fit for our business. This acquisition will help to extend our leadership position in niche-orientated payment solutions as we add value for our merchants and redefine the role of a payments provider,” Leonoff said.
Income Access founder and CEO Nicky Senyard said: “Our technology and global affiliate network, combined with Paysafe’s comprehensive payments offering, creates a winning combination for the benefit of our existing and new partners.” Senyard will remain with the business as managing director.
