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Basware to acquire Trustpair for fraud prevention

PRIVATEAug 26, 2026

Acquiring Company

Basware

Acquired Company

Trustpair

EspooNew YorkInformation TechnologyFinancial ServicesSoftwareSaaSEnterprise SoftwareFintechFinancial ServicesLending

Description

Basware has signed an agreement to acquire Trustpair, enhancing its Invoice Lifecycle Management capabilities. This acquisition introduces a comprehensive solution for invoice verification and payment security. The collaboration promises to improve transaction legitimacy and protect against payment fraud.

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 August 26, 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 August 26, 2026. Basware has signed an agreement to acquire Trustpair, enhancing its Invoice Lifecycle Management capabilities. This acquisition introduces a comprehensive solution for invoice verification and payment security. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.