Fintech Holding Firm APPS Acquires Cloud enabled Software Company Clique Payments

Atlantic-Pacific Processing Programs NV, Corp. (APPS), a Fintech holding firm providing know-how and monetary companies, has reportedly acquired Cloud-enabled software program agency Clique Funds, Inc.

The acquisition ought to permit APPS to additional develop its enterprise useful resource planning and accounting funds integrations options to incorporate QuickBooks, FreshBooks, Xero, Sage and different software program apps. It’ll additionally offer assist for varied fee processing companies and over 20 main fee gateways. The phrases of the deal weren’t shared publicly.

Abe Maghaguian, President and CEO at APPS, acknowledged:

“Clique’s reseller-focus is very complementary. The acquisition can also be a very good match with our APPSos platform for service provider lifecycle administration and can allow impartial software program distributors, impartial gross sales organizations, fee facilitators and financial institution sponsorship purchasers to develop their choices whereas serving to their purchasers streamline operations. We’re very excited in regards to the acquisition and welcome Clique to the APPS household.”

Clique’s software-as-a-service (SaaS) platform affords a set of options that comes with built-in funds acceptance for accounting and ERP software program. Purchasers are in a position to entry a front-office point-of-sale system that enables retailers to deal with various kinds of transactions, resembling absolutely built-in EMV, together with swipe and key-entered funds synched with back-office accounting software program in actual time.

Moreover, the platform helps bill creation with e-mail and textual content supply, recurring billing, comfort charges, tokenization and varied different options.

APPS’ “semi-integrated” Cloud POS terminal comes with connections to widely-used fee processing suppliers and gateways. The agency’s fee facilitation program and platform are  supported as properly. ISVs who want to present card current fee companies utilizing the payfac mannequin have managed to combine entry to options they require (all from a single supply).

APPS CIO Brent Gephart remarked:

“Buying Clique provides ISVs, ISOs and their service provider prospects easy accessibility to a complete suite of services and products, together with extremely fascinating funds integration utility programming interfaces, consumer interfaces and plugins to high accounting and ERP platforms. We stay up for rolling out Clique capabilities to purchasers and others trying to develop their choices by way of this time-tested platform,.”