AccessPay, a bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a global private equity firm focused on enterprise technology and software.
The funding will allow AccessPay to scale its services for enterprise clients, develop new product offerings, and pursue strategic acquisitions.
The company helps organisations drive finance transformation and achieve AI readiness by connecting back-office finance systems to banks, delivering clean, structured payment and bank statement data to support seamless automation.
Accel-KKR managing director Phil Cunningham said, “As a scale-up business preparing for its next growth phase, AccessPay was looking for an investor with a track record in enterprise software investment. Accel-KKR was the standout choice for us thanks to its experience in technology investing and domain expertise.
“Its backing not only means we can innovate at scale, but, as a platform investment, opens the door to pursue accelerated growth through acquisition. We are confident in what both firms can develop together and the role we can play in shaping the future of finance and treasury operations.”
AccessPay CEO Anish Kapoor said, “AccessPay plays a crucial role in helping to optimise finance operations, increasing automation, improving cash visibility, and reducing the risk of fraud and error. It also has a reputation for delivering outstanding customer service.
“The company aligns closely with our portfolio of investments, delivering mission-critical solutions to the office of the CFO, and we look forward to supporting CEO Anish Kapoor and his team.”
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