REPAY to Acquire Accounts Payable Automation Provider Kontrol Payables

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Jun 22, 2021

Repay+Holdings+Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced it has acquired Kontrol Payables (“Kontrol”) for up to $11 million, of which $8 million was paid at closing. The acquisition will be financed with cash on hand.