Mexican B2B paytech Yaydoo acquires Oyster Financial
The acquisition, for an undisclosed sum, will also see Oyster CEO Vilash Poovala become Yaydoo’s new CTO.
The acquisition, for an undisclosed sum, will also see Oyster CEO Vilash Poovala become Yaydoo’s new CTO.
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
The blockchain-powered payments firm will use the new capital to grow the business.
The round includes new investment from DNX Ventures, Battery Ventures and more.
B2B payments platform buddies up with cloud accounting firm.
Its digital platform will support domestic B2B commercial payments.