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IndustryUpdate
access to cash for global travelers. The ATMs support The Access Group acquires Paytronix
foreign exchange and domestic currency transactions,
with select European ATMs offering card-free cash with- The Access Group, a global provider of business man-
drawal. Travelex's unique Click and Collect function in agement software, acquired Paytronix, a U.S.-based
the UK allows pre-ordered foreign currency pickup at guest engagement platform for restaurants and conve-
airport ATMs, they added. nience stores. This marks one of Access Group's most
significant acquisitions, enhancing its U.S. product offer-
ACQUISITIONS ings, the company stated. Paytronix, with its platform
deployed across 50,000 sites and 1,800 brands, special-
izes in online ordering, loyalty programs, mobile apps
Accredited Solutions acquires GlobeTopper and payments. The integration is expected to expand
Paytronix's reach, leveraging The Access Group's global
Accredited Solutions Inc., the parent company of expertise to enhance guest experiences. Paytronix will
Diamond Creek Water, acquired GlobeTopper, a global retain its name and continue to further its mission to
B2B digital payments platform specializing in e-gift streamline operations and boost customer engagement
card distribution. The acquisition, which will bring an for its clients.
estimated $37 million in projected annual revenue, is
a cornerstone for Accredited Solutions' telecom-fintech
ecosystem strategy, the company stated. GlobeTopper's APPOINTMENTS
platform, serving 2,700+ brands across 65 countries,
offers robust API infrastructure and global reach, A.J. Axelrod joins Clio
enabling seamless integration of future acquisitions,
Accredited Solutions added. CEO Eduardo Brito men- Clio appointed A.J. Axelrod as its vice president of pay-
tioned the deal as a step toward converging telecom and ments and financial services. He brings to the company
financial services. GlobeTopper's CEO Craig Span will over 15 years of expertise in payments, SaaS and fintech.
continue leading operations to accelerate innovation and In his new role, he will oversee the global expansion of
expansion. Clio Payments, define long-term financial strategies and
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