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Financial Services Firm KeyBank Acquires Payments Platform XUP

KeyBank National Association has announced that it has acquired XUP Payments, a B2B focused digital platform. XUP’s tech supports simple, intuitive, client onboarding and “servicing experiences.” Its team of engineers has developed integrations with processors, 3rd party risk tools, customer relationship management systems, and other… Read More

KeyBank Takes a Stake in Fintech Firm Billtrust & Partners to Deliver Automated Accounts Receivable Solution

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KeyBank (NYSE: KEY) announced on Thursday it has formed a strategic partnership with and equity investment in Billtrust, a pioneer of payment cycle management solutions. The bank revealed that this collaboration, along with the launch of KeyTotal AR, marks the most recent in a series… Read More

KeyBank Forays Further into Fintech with AvidXchange Partnership and Investment

Brick and mortar KeyBank announced a strategic partnership and minority investment in AvidXchange, a leader in accounts payable automation solutions. Charlotte-based AvidXchange recently completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special… Read More

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