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daVinci Payments (daVinci) and North Lane Technologies (North Lane), today announced they have completed their merger, formally creating a high-growth, premier payment company with innovative technology and solutions. The combined businesses now operate under the brand umbrella of Syncapay, through a holding company formed together with a new majority equity investment from funds advised by Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment management firm with extensive experience in supporting growth opportunities in the financial services sector.
Juli Spottiswood, Chairman and CEO, Syncapay Inc., said: “The closing of the daVinci Payments and North Lane deal unites two fintech leaders to accelerate digital payment growth through an unparalleled payments platform. The combined company has a broader base of services and the scale to thrive in the expanding corporate funded pa