Summary
- EVO Payments has acquired Way2Pay for an undisclosed sum, likely under $30 million.
- Way2Pay has developed a payment gateway specifically designed for schools.
- With the deal, EVO will be able to quickly expand into the education vertical throughout its market geographies.
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Quick Take
EVO Payments (EVOP) announced it has acquired Way2Pay for an undisclosed amount.
Way2Pay operates as a payment gateway for schools and clubs in Ireland and the UK.
EVOP acquired the firm to expand its offerings into the education vertical and plans to roll out the service throughout its network in Europe, North America, and all other markets in which it operates.
