PayModum Announces Acquisition of Floid Inc. to Strengthen US Bank Payment Capabilities (opens in new tab)

PayModum, an online payment gateway providing access to 150+ online payment methods, today announces the completion of its acquisition of Floid Inc., a Delaware-incorporated entity that holds direct relationships enabling local, instant bank payments for merchants.Jake Dovey, CEO of PayModum, commented:“The acquisition represents a significant step forward for PayModum, strengthening its position in the growing market for instant bank payments in the US.”With the increasing demand for instant...