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LAWRENCEVILLE, N.J., Dec. 16, 2020 (GLOBE NEWSWIRE) December 16, 2020 –
Billtrust, a B2B accounts receivable automation and integrated B2B payments leader, has announced that Juli Spottiswood has joined its Board of Directors.
Juli is Chairman and CEO of Syncapay, Inc., a holding company formed in 2017 in conjunction with the acquisition of daVinci Payments by Bain Capital Ventures and Silversmith Capital Partners. In December, 2020, daVinci merged with North Lane Technologies via a new majority equity investment from funds advised by Centerbridge Partners, L.P. Juli s appointment strengthens an already world-class group of directors, and I m excited to welcome her and leverage her many years of fintech leadership experience, said Flint Lane, Billtrust Founder & CEO.
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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