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IndustryUpdate

mainstream finance, offering secure, scalable solutions ACQUISITIONS
that redefine how money moves.
Pushpay unveils new partnerships, integrations Project Clarion available for sale or acquisition

Pushpay, a provider of payments and engagement solu- Investment advisory firm 733Park stated it is represent-
tions for mission-driven organizations, celebrated three ing Project Clarion, a rapidly growing cross-border pay-
new strategic partnerships and product integrations ments and FX infrastructure platform, in a potential sale
aimed at helping churches build stronger communities. or acquisition. Clarion offers a turnkey global payments
These include a partnership with VisitorReach, offer- solution with embedded compliance, multi-currency
ing tap-to-engage VisitorTap technology for seamless accounts, flat-fee FX and real-time reporting. With over
guest interaction; a Mailchimp integration that connects 3,000 customers, $1 billion in annual volume and rising
church management system (ChMS) data to streamline profitability, it presents a rare opportunity for strategic
personalized communications; and an integration with buyers, 733Park noted. Key 2024 highlights include $4.2
StudioC to deliver targeted content through Pushpay's million in revenue (up 19.5 percent), 79,000 transactions,
mobile app, guiding users along their spiritual journey. and 20 percent customer growth. Already integrated
These innovations address key communication chal- with banking rails in the United States, Europe and
lenges faced by churches, as identified in Pushpay's 2025 Israel, Clarion is positioned for international expansion
State of Church Technology report, and further expand its in a $194.6 trillion market, the firm added.
ecosystem of over 80 integrations, the company noted.
DAT streamlines payments with Outgo acquisition
TreviPay, Albertsons to offer DAT Freight & Analytics acquired Outgo Inc., a fintech
by Invoice for businesses company that streamlines payments and back-office

TreviPay partnered with Albertsons Companies Inc. to tasks for trucking firms, with the goal of enhancing
offer Pay by Invoice to corporate shoppers, including DAT's freight marketplace with fast, transparent pay-
small businesses, schools and community organiza- ment services. Outgo automates broker setup, invoicing,
tions. The program provides dedicated credit lines with factoring and collections, settling approved invoices in
30-day net terms for online grocery purchases, along as little as 15 to 90 minutes, Dat stated. The acquisition
with a self-serve portal for managing spending limits, is expected to allow DAT One users to access Outgo's
invoices and payments. TreviPay also assumes credit AI-powered tools, enabling quicker payments for veri-
risk and automates A/R, enabling Albertsons to focus fied loads. Founded in 2022 by former Uber and Convoy
resources on enhancing customer experiences. leaders, Outgo will continue operating from Seattle
under DAT's umbrella. Outgo CEO Marcus Womack
The service is available across Albertsons' banners, joins DAT's executive team, supporting integrated, scal-
including Safeway, Vons and Jewel-Osco. With 72 per- able innovations in freight payments and financial ser-
cent of business buyers more loyal to retailers offering vices.
preferred payment options, this initiative boosts flex- Finastra to sell TCM division to Apax affiliate
ibility, loyalty and financial management, the partners
stated. Finastra agreed to sell its Treasury and Capital Markets
(TCM) business to an affiliate of Apax Partners, with
Zaggle, Mesh Payments tackle plans to rebrand TCM as an independent company.
global spend management Serving over 340 financial institutions globally, TCM
provides tools for trade lifecycle management, compli-
Zaggle, known as India's leading spend management ance and risk, including products like Kondor, Summit
platform, partnered with Mesh Payments to enhance and Opics. The sale will allow Finastra to focus on core
cross-border expense management for global businesses. offerings and fund future growth. Backed by Apax's
This strategic alliance allows Indian multinationals expertise, TCM is expected to accelerate innovation,
to manage global expenses through Mesh's corporate strengthen its cloud capabilities and enhance customer
card capabilities across the United States, Europe and service. The transaction is set to close in the first half of
LATAM, while Mesh's international clients operating in 2026, pending customary approvals.
India can tap into Zaggle's extensive ecosystem of corpo-
rate cards, forex solutions and travel services.
APPOINTMENTS
The collaboration offers finance teams greater control,
visibility and efficiency across currencies and regions, Nancy Langer joins CSI
strengthens Zaggle's international footprint and sup-
ports Mesh's expansion into the Indian market, the part- Veteran fintech leader Nancy Langer was appointed
ners stated. This positions them to redefine global spend president, CEO and board member of CSI, bringing
management with local expertise, they added. over 35 years of experience in digital transformation and
growth strategy to the company. Langer has held key

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