Expanding PayFacto’s Technology Portfolio
Through the acquisition of Posera and Resto Finances, PayFacto integrates a powerful suite of technologies into its offerings:
- Maitre’D POS: A widely adopted point-of-sale system for hospitality businesses.
- KDS (Kitchen Display System): A solution for efficient kitchen management.
- SecureTablePay: A pay-at-the-table technology enhancing customer convenience.
- Veloce POS: Resto Finances’ flagship POS system, trusted by thousands of establishments.
These technologies serve tens of thousands of restaurants, hotels and resorts worldwide, ranging from small local establishments to large global chains. The acquisitions underscore PayFacto’s commitment to becoming a leading global provider of hospitality-focused payment and technology solutions.
A New Era of Integrated Payment Solutions
Denis Robert, EVP of Sales and Marketing at PayFacto, emphasized the opportunity:
“We are proud to bring together two of the top technology providers in the hospitality industry. Our complementary expertise creates an amazing opportunity to build on Maitre’D, Veloce, and KDS’ global market footprints to bring a complete technology and payments solution to existing and new restaurateurs and hoteliers. We are also excited to further broaden PayFacto’s reach by using SecureTablePay’s extensive POS integrations to partner with many other ISVs, VARs and resellers to provide combined POS and payments solutions.”
Danny Roy, Founder and CEO of Resto Finances, shared his excitement:
“We heard the strong call for integrated payments in our industry, and we are delighted to partner with PayFacto, given its impressive track record of growth. This collaboration between PayFacto, Posera, and ourselves means that our merchants are the main beneficiaries of all resulting innovations, ultimately enabling them to reach their full potential.”
Akash Sahai, Executive Director of Posera, highlighted the alignment between the companies:
“PayFacto, Resto Finances and Posera all share a common culture, a common passion for technology, and a common mission to empower hospitality businesses. We are thrilled to partner with PayFacto and Resto Finances, who are so well aligned with our own and our channel partners’ vision of providing advanced payment and technology solutions to our customers worldwide.”
Driving Innovation and Growth
Martin Leroux, Founder and CEO of PayFacto, reinforced the company’s vision:
“PayFacto’s vision is to bring best-in-class, complete solutions to the hospitality industry, and the stars have aligned to bring together a perfect union of experience, innovation, and talent. PayFacto will continue to execute on further investments to drive hospitality business operations forward with powerful global hospitality management technologies. PayFacto is committed to being the best payment and technology partner with the hospitality industry and everywhere food and beverages are sold.”
Strategic Support for Acquisitions
PayFacto received financing for these acquisitions from BMO Financial Group and benefitted from the expertise of:
- BCF as corporate legal advisors.
- Hardy, Normand & Associés as financial advisors.
About PayFacto
PayFacto is a leader in payment solutions, serving clients in Canada, the United States, and beyond. Renowned for its expertise, agility, and quality execution, PayFacto empowers businesses of all sizes with innovative solutions to efficiently manage electronic transactions. Learn more at payfacto.com.
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Simon Boiteau
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