Payment processing firm Worldpay Group has made an investment in American payment start-up Pazien, expanding its business portfolio.
The firm founded by industry veterans David Burrows and Jason Pavona develops products and solutions to simplify the complex payments system.
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Worldpay eCommerce division CEO Floris de Kort said that the company’s vision is to be a progressive and reliable payments partner.
"During the past 18 months, Worldpay has invested substantially in its products and insight offering. It’s not often that we see real innovation in payments, but we believe that this is one of these times and we could not be more excited about this investment," added Kort.
The Pazien platform provides merchants with services including selection of optimal payment partners, helping them leverage the payment ecosystem.
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