Glantus acquires vendor credit recovery FinTech JPD Financial

Ireland-based Glantus, a global provider of financial automation and data intelligence solutions, has acquired JPD Financial, which fashions itself as the industry leader in vendor credit recovery services, a term it has trademarked.

The acquisition of JPD Financial creates a business with a turnover of approximately $12m, and brings global service delivery expertise to the Glantus family of companies

“This acquisition significantly deepens our ability to serve global organisations at scale,” said Maurice Healy, founder of Glantus. “It propels Glantus forward in our ambition to drive the future of financial processing with real-time data intelligence.”

The advanced data platform from Glantus, combined with the expertise in service delivery from JPD Financial, will deliver significant benefits to existing customers and accelerate the delivery of innovative new financial processing solutions.

“JPD customers are increasingly looking at automation and AI to drive further efficiencies in their financial processes,” said John Doyle, president and CEO of JPD Financial. “With Glantus, JPD now has the advanced technology platform and the team behind it to deliver these new services.”

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