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Billtrust Acquires Belgium-Based iController for USD 58m
Wednesday 13 October 2021

New Jersey, US-based B2B Billtrust (NASDAQ: BTRS), an accounts receivable automation and integrated payments provider, has acquired Belgium-based B2B collections software provider iController, for USD 58m, financed with cash on hand.

The acquisition establishes strategic European presence for AR automation and B2B integrated payments.

iController's software-as-a-service offering enables a wide range of users, from credit and collections managers to CFOs, to see information and communication in real time, providing visibility into cash flow management.

Billtrust is a provider of cloud-based software and integrated payment processing solutions to simplify and automate B2B commerce.
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Date Published: 13/10/2021

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