Global Atlanta
Xplor Technologies has chosen Atlanta for a new payments-industry headquarters. Photo by Blake Wisz on Unsplash
Neither has an
Boston-based venture-capital firm
Advent International’s portfolio companies are combining to create a major new payments player in the city that bills itself “Transaction Alley.”
Clearent, a
Auckland,
New Zealand-based
Transaction Services Group, a business software firm with a focus on subscription management, into a globally connected payments firm called
Xplor Technologies, which will be based in Atlanta.
Xplor will integrate cloud-based payment processing with enterprise software for businesses what in five of what it calls the “everyday life” verticals: education, health, boutique wellness, field service and personal services, according to a news release.