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KORT Payments to Acquire AptPay for Growth

PRIVATEOct 19, 2026

Acquiring Company

KORT Payments

Acquired Company

AptPay and ILIXIUM

TorontoTorontoFinancial ServicesPaymentsE CommerceFintechFinancial ServicesPaymentsE CommerceFintechLending

Description

KORT Payments has announced its acquisition of AptPay Inc., a payments technology company specializing in real-time payments and payment orchestration. This acquisition will expand KORT's services to enhance account-to-account payments and disbursements. AptPay will operate as a division of KORT, continuing to serve its customers under its brand. The transaction is expected to close in Q4 2026.

Company Information

Company

KORT Payments

Location

Toronto, Ontario, Canada

About

KORT Payments is a specialized omnichannel payments platform. Its core purpose is to enable businesses to connect and transact seamlessly through industry-leading capabilities in compliance, risk management, and payment processing. KORT is powered by our innovative full-stack, enterprise-grade platform and led by a seasoned management team. For more than 200 years collectively, this team has been leading the charge in global e-commerce and payment processing. We are a customer-focused business dedicated to enhancing partner and customer satisfaction and building strong relationships. We partner with our customers to pair our risk tolerance with their unique processing needs.

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Frequently asked

Who acquired AptPay and ILIXIUM?

AptPay and ILIXIUM was acquired by KORT Payments, based in Toronto. The deal was reported on October 19, 2026. KORT Payments is a specialized omnichannel payments platform. KORT Payments is privately held and operates in Financial Services.

When did KORT Payments acquire AptPay and ILIXIUM?

KORT Payments's acquisition of AptPay and ILIXIUM was reported on October 19, 2026. KORT Payments has announced its acquisition of AptPay Inc., a payments technology company specializing in real-time payments and payment orchestration. This acquisition will expand KORT's services to enhance account-to-account payments and disbursements. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AptPay and ILIXIUM do?

AptPay is a global leader in payments technology, while ILIXIUM is a world-class provider of online payment services. It is privately held, operating in Financial Services, and is based in Toronto.

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

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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.