Remitter Completes Acquisition Of Us Receivables Leader Mercantile Adjustment Bureau
Acquiring Company
REMITTER
Acquired Company
MERCANTILE
Description
Digital Bill payment platform Remitter has finalized its purchase of Mercantile Adjustment Bureau following a successful pre-IPO USD $12m cap raise led by Canaccord Genuity. The raise was also backed by Allium Capital and Casey Capital.
Quick answer
REMITTER is acquiring MERCANTILE, announced October 28, 2021.
- How much did REMITTER pay for MERCANTILE?
- The deal value was not disclosed.
- What does REMITTER do?
- Remitter is a white-label communications platform which uses artificial intelligence to optimize customer engagement and enhance the recovery of accounts receivables.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Data And Analytics
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Everwash Acquires Omnix Labs To Improve Membership Experience (November 25, 2021)
- Questionpro Acquires Bryght Ai (November 1, 2021)
- Voicesage Acquires 2Sms To Strengthen Its Presence In The U.S. Market (October 29, 2021)
- Eagle Eye Networks Acquires Surveillance Ai Leader Uncanny Vision (September 30, 2021)
- Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding Its Full Suite Of Offerings (November 2, 2021)
- Fluence Acquires Xlcubed For Excel-Centric, Enterprise-Ready Reporting And Analytics (November 2, 2021)
Who to call at REMITTER, and when
When REMITTER changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day REMITTER raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at REMITTER, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at REMITTER. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment REMITTER makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired MERCANTILE?
MERCANTILE was acquired by REMITTER. The deal was reported on October 28, 2021. Remitter is a white-label communications platform which uses artificial intelligence to optimize customer engagement and enhance the recovery of accounts receivables. REMITTER is privately held and operates in Information Technology.
When did REMITTER acquire MERCANTILE?
REMITTER's acquisition of MERCANTILE was reported on October 28, 2021. Digital Bill payment platform Remitter has finalized its purchase of Mercantile Adjustment Bureau following a successful pre-IPO USD $12m cap raise led by Canaccord Genuity. The raise was also backed by Allium Capital and Casey Capital. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MERCANTILE do?
Founded in 1934, Mercantile Adjustment Bureau is recognized as a leader in receivables management services. It is privately held, operating in Financial Services.
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.
5 screens from a live account. No signup.