UK payments fintech Apexx Global hits US market

UK fintech Apexx Global is launching its payment offering in the US, as it looks to tap into the growing heat around the buy now, pay later market.

The fintech operates as a middleman between banks and merchants.

It offers a technology which connects acquirers, gateways, shopping carts, alternative payments methods and buy now, pay later products through a single API.

The fintech says that those clients who use its services can increase payment volumes by as much as 20 per cent.

It estimates that it will be processing around $20bn worth of payments with e-commerce brands by the end of 2022 across the world.

It has over 120 clients across Europe including ASOS.

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Source: UK payments fintech Apexx Global hits US market – AltFi