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Billtrust Acquires iController, a Belgium-based B2B Collections Software Provider

Acquisition Establishes Strategic European Presence for AR Automation and B2B Integrated Payments Leader Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments

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Billtrust acquires Belgium's iController for $58 million

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired iController, a leading B2B provider of intelligent solutions for collections management, for $58 million, financed with cash on hand.

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