XFolio AI Acquires APS to Unify Treasury and Payments for UK Corporates

XFolio AI, a Paris-based treasury and cash management technology group, has acquired Absolute Payment Solutions (APS) (https://www.absolutepayments.com/), one of a select number of Pay.UK-accredited Bacs service providers in the UK. This acquisition creates an integrated platform spanning Bacs and all payment types, open banking, risk management, and treasury giving UK corporates of all sizes the tools to manage cash and execute payments in one place. APS’s Bacs accreditation underpins payment services relied upon daily by...

OpenFX to acquire Embed, adding European payments infrastructure

OpenFX has agreed to acquire Embed B.V., a licensed payments infrastructure business based in Amsterdam. The transaction marks OpenFX’s first regulated presence in the European Economic Area and the United Kingdom. Closing is subject to regulatory approval and expected in Q3 2026. Terms were not disclosed. Embed has built payments infrastructure in the EU & UK, holds a Payment Institution licence from De Nederlandsche Bank, which passports across all 30 EEA member states under PSD2,...

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