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Paymerang

May 30, 2024

Top Five June 2024

1   |   Google investing $1 billion in Virginia data center campuses Google is expanding its Virginia data center campuses this year and is launching a $75 million Google.org AI opportunity fund. (April 26) 2   |   Richmond-based attorneys win U.S. Supreme Court case After nine years and through three U.S. presidents, attorneys […]

May 9, 2024

Chesterfield fintech Paymerang to be acquired for $475M

Chesterfield County-based payment and invoice automation company Paymerang has signed a definitive agreement to be acquired by Atlanta-based corporate payments processor Corpay for $475 million, according to an SEC filing by Corpay and a news release. The transaction is expected to close in the second quarter of the year, subject to regulatory approval and standard […]

Apr 12, 2023

Paymerang acquires Aussie AI data platform

Chesterfield County-based payment and invoice automation company Paymerang LLC has acquired Australian-based artificial intelligence data extraction and analysis platform Sypht and the assets of KwikTag, an invoice automation company, Paymerang announced Tuesday. Paymerang acquired both from Tempe, Arizona-based tech firm enChoice Inc. Terms of the deals were not disclosed and the acquisitions wer[...]

Aug 25, 2022

Chesterfield-based Paymerang expands to Wise County

Chesterfield County-based payment and invoice automation company Paymerang LLC will expand its operations to Southwest Virginia, creating 50 jobs in Wise, the company announced Thursday. The move follows a previous expansion of its Chesterfield County headquarters. In Wise, employees will work in software development, cloud engineering and payment operations. Paymerang is the second company to jo[...]

Todd Youngren leads MainStreet Bank’s banking-as-a-service subsidiary. Photo by Will Schermerhorn
Mar 30, 2022

Embedded finance

Several years ago, Blue Ridge Bank President and CEO Brian Plum began to notice a movement across the broader economy. “We live in a world where data has value,” Plum says. “It only made sense that over time, [as] you would see more sellers or other service providers that have built out platforms to try […]

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