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Basware acquires Trustpair for payment integrity

PRIVATEOct 05, 2026

Acquiring Company

Basware

Acquired Company

Trustpair

EspooNew YorkInformation TechnologyFinancial ServicesSoftwareSaasEnterprise SoftwareFintechFinancial ServicesLending

Description

Basware has completed its acquisition of Trustpair, enhancing financial integrity from invoice to payment. Trustpair will continue to operate independently while integrating its payment fraud prevention capabilities with Basware's invoice lifecycle management. This partnership aims to provide a comprehensive view of financial decisions and bolster protection against payment fraud. The combined expertise will bring greater confidence to finance teams.

Company Information

Company

Basware

Location

Espoo, Uusimaa, Finland

About

Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Our AP automation and invoicing platform helps you achieve a new level of efficiency – in a matter of months – while reducing errors and risks. We bring a unique combination of true automation, complete coverage, and deeper expertise to make it all just happen for our customers. That's why the world's most efficient AP departments at thousands of companies rely on Basware to handle over 170 million invoices per year. Basware. Now it all just happens.TM

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Frequently asked

Who acquired Trustpair?

Trustpair was acquired by Basware, based in Espoo. The deal was reported on October 5, 2026. Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Basware is privately held and operates in Information Technology.

When did Basware acquire Trustpair?

Basware's acquisition of Trustpair was reported on October 5, 2026. Basware has completed its acquisition of Trustpair, enhancing financial integrity from invoice to payment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Trustpair do?

Trustpair is a fraud protection company that automates bank account ownership verification to protect global companies from payment fraud. Their enterprise-grade platform integrates with major procurement and finance systems. It is privately held, operating in Financial Services, and is based in New York.

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