KeyBank Forms Strategic Alliance With XUP To Transform Merchant Services

KeyBank Forms Strategic Alliance With XUP To Transform Merchant Services
Key drives innovation through investment with leading fintech provider
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CLEVELAND, May 11, 2021 /PRNewswire/ -- KeyBank today announced its strategic affiliation with an equity investment in XUP Payments ("XUP"), a leading payments innovator, to deliver a digital and physical merchant services experience that provides an end-to-end streamlined process for sales, onboarding, activation, and servicing.
This collaboration, along with the launch of the Key Merchant Services ("KMS") improved acquisition and servicing website, marks the most recent in a series of partnerships with emerging fintech providers, affirming Key's commitment to bringing innovative, digital first solutions to market. Terms of the investment were not disclosed.

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