We are thrilled to share that Paytron has signed a sale agreement to be acquired by OFX Group (ofx.com), the international money services provider headquartered in Sydney, with the sale expected to close in July. OFX has been serving clients since 1998. It was founded in a garage on Sydney’s northern beaches, but today is a global organisation with over 700 employees around the world and has been listed on the Australian Stock Exchange since 2013 (ASX: ‘OFX’).
What does this mean for you?
On a day-to-day basis, it’s business as usual with your Paytron team. Our team, applications and service will remain unchanged, and our commitment to you is our continued focus. We plan, in time, to combine the best of Paytron and OFX, to improve our service and capabilities to you. With the resources, capabilities and support of OFX Group, we are poised to offer an even better user experience for your business, for your stakeholders and for your clients. When we have more detailed information on what will change and when, we will share that with you.
What does this mean for us?
We enter a new chapter through a shared ethos between OFX and Paytron. Our collective focus is to provide world-class service to businesses, complete with world-class cross-border payments, accounting workflows, virtual cards and a spend management platform. Paytron exists to transform financial operations for accountants, financial executives and bookkeepers, to get rid of challenging and time-consuming tasks with automation and smart workflows. Now, with the support and expertise of a trusted brand like OFX, we can scale and grow our efforts.
Thank you for starting this journey with us, for trusting us with your business and for the many who have expressed your congratulations or shared your questions. You have made all of this possible through your continued support and your invaluable feedback along the way.
We are committed to continuing high quality of service with exciting new product features to come. We look forward to sharing more with you in the near future.