Connect with us

Clearwater’s DocuPhase buys payments technology company

April 13, 2021 - DocuPhase, a Clearwater-based business process automation software company, has acquired Clearwater Payments, an electronic billing and payment company. Financial terms were not disclosed. Clearwater Payments, based in Dallas, supports and processes millions of business-to-consumer and business-to-buisness payments for companies in banking, insurance, and utilities. It's the second deal in a month for DocuPhase, on the heels of the acquisition of Treeno Software last month. The two deals make DocuPhase one of the few companies to offer end-to-end payments in the accounts receivable and accounts payable automation marketplace, a news release said. Lone Tree Capital, a New York-based private capital firm, acquired DocuPhase in June 2020 and since then DocuPhase has invested over $3 million dollars in technology and talent to strengthen its product offering.

More Zaps Frontpage

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us:

Subscribe for Free

Share with friend

Enter the details of the person you want to share this article with.