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Basware acquires Redmap to enhance AP solutions

PRIVATEDec 17, 2025

Acquiring Company

Basware

Acquired Company

Redmap

EspooAustraliaInformation TechnologyFinancial ServicesSoftwareSaasEnterprise SoftwareFintechSoftware

Description

Basware has announced its acquisition of Redmap, aiming to deliver advanced AI-powered accounts payable solutions. This merger positions Basware to capitalize on the rapidly growing AP automation market in the APAC region. Together, the companies will provide tailored solutions for middle market and enterprise customers, enhancing financial processes across diverse industries.

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 Redmap?

Redmap was acquired by Basware, based in Espoo. The deal was reported on December 17, 2025. 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 Redmap?

Basware's acquisition of Redmap was reported on December 17, 2025. Basware has announced its acquisition of Redmap, aiming to deliver advanced AI-powered accounts payable solutions. This merger positions Basware to capitalize on the rapidly growing AP automation market in the APAC region. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Redmap do?

Redmap is a leading provider of accounts payable automation software in Australia. The company specializes in innovative solutions that improve invoice processing for organizations across various industries. It is privately held, operating in Software, and is based in Australia.

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