Vantiv (VNTV) Tops Q1 EPS by 3c, Guides FY Adj. EPS Above Estimate

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Vantiv (VNTV) Announces Agreement to Acquire Paymetric

April 25, 2017 4:05 PM EDT

Vantiv, Inc. (NYSE: VNTV) announced today its agreement to acquire Paymetric, a portfolio company of Francisco Partners.

Headquartered in Atlanta, Ga., Paymetric automates B2B payment workflows within enterprise systems, including SAP, Oracle, Hybris, Salesforce and more. Paymetric also tokenizes payments data within these systems in order to enable secure storage of customer information and history.

Card-based transactions are the fastest growing segment within the $30 trillion B2B payments... More