Acquisitions
At PayFacto, strategic acquisitions are central to our growth strategy and mission to deliver industry-leading payment processing and hospitality solutions. By integrating exceptional companies into our ecosystem, we expand our capabilities, enrich our product offerings and enhance the value we bring to our customers and partners. Discover how our recent acquisitions have solidified our market position and strengthened our commitment to innovation and customer success.
Acquisitions
At PayFacto, strategic acquisitions are central to our growth strategy and mission to deliver industry-leading payment processing and hospitality solutions. By integrating exceptional companies into our ecosystem, we expand our capabilities, enrich our product offerings and enhance the value we bring to our customers and partners. Discover how our recent acquisitions have solidified our market position and strengthened our commitment to innovation and customer success.
Acquired: September 2023
PayFacto acquired NEOPOS Inc., Quebec’s largest distributor and systems integrator of restaurant POS solutions, including its division, STRpdv (STR Solutions Point de Vente), a specialist in POS system installations, field services, and after-sales support.
Strategic impact:
- Strengthens PayFacto’s leadership in Quebec’s POS market, incorporating NEOPOS and STRpdv’s deep sales expertise, comprehensive distribution network, and robust integration capabilities, alongside extensive after-sales support services.
- Adds over 350 employees and expands service reach to more than 10,000 Québec restaurateurs, supported by STRpdv’s localized knowledge, customer relationships, and expertise in field installations and training services.
- Delivers a unified, end-to-end POS and payments solution, driving greater operational efficiencies, seamless integration, and enhanced growth opportunities for hospitality clients across the region.
Acquired: January 2022
PayFacto acquired iShopFood Inc., a Quebec-based SaaS provider of online ordering systems for restaurants.
Strategic impact:
- Complements PayFacto’s POS (Maitre’D, Veloce) and payments offerings to deliver a fully integrated solution across online, in‑restaurant, mobile ordering, kiosks and QR‑pay.
- Helps restaurant clients respond to the surge in online orders and delivery, improving user experience and expanding market reach in Canada and the U.S.
- Adds innovative tech and entrepreneurial talent to fuel North American growth.
Acquired: February 2020
PayFacto acquired Posera Ltd., provider of Maitre’D POS, Kitchen Display Systems (KDS), and SecureTablePay, significantly enhancing its hospitality-focused technology offerings.
Strategic impact:
- Expanded beyond payments into fully integrated hospitality systems, including POS, kitchen management and pay-at-table solutions.
- Established PayFacto as a global leader in payment and hospitality technology, expanding its footprint across North America, Europe and the UK.
- Accelerated innovation, offering unified technology stacks tailored for restaurateurs and hoteliers.
Acquired: February 2020
PayFacto acquired Resto Finances Inc., maker of the Veloce POS system, further enhancing its suite of hospitality technology solutions.
Strategic impact:
- Strengthened PayFacto’s hospitality technology capabilities, enabling fully integrated POS solutions tailored specifically for restaurant and hospitality sectors.
- Enhanced PayFacto’s market presence, especially in specialized restaurant sectors, through robust and user-friendly POS software.
- Expanded innovation potential, creating comprehensive and unified solutions designed to optimize hospitality business operations.
Our story
Founded in 2018, PayFacto, resulting from the merger of B2Billing, CT-Payment, and Supreme Payments, quickly rose in the global payment solutions market.
In early 2020, PayFacto strategically acquired Posera Ltd. and Resto Finances Inc., adding the Maitre’D and Veloce point-of-sale software to its offerings, thereby strengthening its presence in restaurant technology.The acquisition of iShopFood Inc. in 2019 marked a further step for PayFacto, enriching its portfolio with advanced online ordering solutions. In 2023, the company bolstered its presence in Quebec by acquiring NEOPOS Inc., thus consolidating its service offering for restaurateurs.
These acquisitions have solidified PayFacto’s position as a leader in innovative payment solutions and restaurant technology, with Maitre’D and Veloce as its flagship products.
PayFacto highlights
Since its inception, PayFacto has demonstrated a consistent commitment to innovation and customer success, becoming a recognized leader in the payment solutions industry.
Founding of Central Tax.
Acquisition of CGI Payment Solutions Division.
Change of name for CT-Payment and acquisition of Telus POS Payment Division.
Acquisition of Canadian Point of Sales Network and creation of Supreme Payment.
Foundation of the American division CT-Payment USA and launch of the first integrated EMV mobile payments solution.
Creation of B2B Payment and Launch of the B2B Payment acquirer program.
Creation of the CT-Payment Asia-Pacific division.
Acquisition of CT-Payment by Payment B2B.
Merger of CT-Payment, Payment B2B, and Supreme Payment. Launch of the merger under the name PayFacto Payment.
Acquisition of Posera, "Maitre'D", Resto Finance, and "Veloce". First self-serve kiosk is launched.
Acquisition of iShopFood web ordering technologies.
Acquisition of NeoPOS and STR.