Acquiring Company
JACK HENRY LLC
Acquired Company
Payrailz
MonettFinancial ServicesFintechLendingFinancial ServicesPaymentsFintechLendingDescription
Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it has entered into a definitive agreement to acquire Payrailz, adding the company's next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry's payments ecosystem.
Quick answer
JACK HENRY LLC is acquiring Payrailz, announced August 9, 2022. JACK HENRY LLC is based in Monett, Missouri, United States.
- How much did JACK HENRY LLC pay for Payrailz?
- The deal value was not disclosed.
- What does JACK HENRY LLC do?
- Jack Henry & Associates Inc. is a financial technology company that strengthens connections between financial institutions and the people and businesses they serve.
- Where are JACK HENRY LLC and Payrailz based?
- JACK HENRY LLC is based in Monett, Missouri, United States.
- Who are the decision-makers at JACK HENRY LLC?
- Fundz holds 1 contact at JACK HENRY LLC. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Fintech
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Jack Henry & Associates Closes Payrailz Acquisition (September 1, 2022)
- Axo Announces Acquisition Of Defero, A Leading Digital Credit-Scoring And Financial Management Platform (August 16, 2022)
- Fitch Group Announces Agreement To Acquire Dv01 (September 13, 2022)
- Bankfirst Capital Corporation To Acquire Mechanics Banc Holding Company And Mechanics Bank (September 1, 2022)
- Equitable Announces Acquisition Of Penn Investment Advisors (August 17, 2022)
- Marex To Acquire Ed&F Man Capital Markets (August 1, 2022)
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When JACK HENRY LLC changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
Frequently asked
Who acquired Payrailz?
Payrailz was acquired by JACK HENRY LLC, based in Monett. The deal was reported on August 9, 2022. Jack Henry & Associates Inc. is a financial technology company that strengthens connections between financial institutions and the people and businesses they serve. JACK HENRY LLC is privately held and operates in Financial Services.
When did JACK HENRY LLC acquire Payrailz?
JACK HENRY LLC's acquisition of Payrailz was reported on August 9, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Payrailz do?
Payrailz is a digital payments company offering advanced payment capabilities and experiences, including consumer and business bill pay, external and internal transfers, P2P, B2B, B2C, and other related solutions to banks and credit unions. It is privately held, operating in Financial Services.
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