{"id":147354,"date":"2026-10-05T11:00:00","date_gmt":"2026-10-05T09:00:00","guid":{"rendered":"https:\/\/trustpair.com\/?p=147354"},"modified":"2026-10-05T11:28:55","modified_gmt":"2026-10-05T09:28:55","slug":"basware-completes-acquisition-of-trustpair","status":"publish","type":"post","link":"https:\/\/trustpair.com\/gb\/blog\/basware-completes-acquisition-of-trustpair\/","title":{"rendered":"Basware Completes Acquisition of\u00a0Trustpair"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Trustpair&nbsp;will continue to&nbsp;operate&nbsp;independently, while the combination brings invoice&nbsp;and payment&nbsp;assurance&nbsp;into one lifecycle<\/em>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"speakable\"><strong>PARIS \u2013 October 1, 2026 \u2013<\/strong>&nbsp;<a href=\"https:\/\/www.basware.com\/en\/?utm_campaign=51326097-GLB%20%7C%20MARK-CUS%20%7CEXP%20%7C%20OTH%20%7CTrace%20%7C%202026-9&amp;utm_source=PR&amp;utm_medium=pressrelease&amp;_gl=1*16f6r8x*_gcl_aw*R0NMLjE3ODg5NDI1OTMuQ2owS0NRandoNFRWQmhDV0FSSXNBRzBjem1xWDY0Z1FSQ1ZjeUp4MEROUUlBT3d0enpwczJTSW9BNk5vSUxidVNVNW15Mnc4aXZkMEtQd2FBcUZRRUFMd193Y0I.*_gcl_au*MTI3MjI4MjQ1MS4xNzg2MzQ5NjEx\" target=\"_blank\" rel=\"noopener\">Basware<\/a>, the global leader in Invoice Lifecycle Management (ILM), today announced&nbsp;the completion of its acquisition of&nbsp;<a href=\"https:\/\/trustpair.com\/gb\/\" target=\"_blank\" rel=\"noopener\">Trustpair<\/a>, a leading payment fraud prevention platform, following the&nbsp;<a href=\"https:\/\/trustpair.com\/gb\/blog\/basware-signs-agreement-to-acquire-trustpair\/\">agreement announced in August<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition&nbsp;extends&nbsp;Basware\u2019s invoice&nbsp;lifecycle management capabilities&nbsp;all the way to the payment itself:&nbsp;an invoice can be authentic,&nbsp;accurate&nbsp;and properly approved, but the&nbsp;supplier&nbsp;bank account associated with it may be fraudulent.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trustpair.com\/wp-content\/uploads\/Close-announcement-social-asset-1920-x-1080-px-1-1024x576.png\" alt=\"\" class=\"wp-image-147356\" srcset=\"https:\/\/trustpair.com\/wp-content\/uploads\/Close-announcement-social-asset-1920-x-1080-px-1-1024x576.png 1024w, https:\/\/trustpair.com\/wp-content\/uploads\/Close-announcement-social-asset-1920-x-1080-px-1-300x169.png 300w, https:\/\/trustpair.com\/wp-content\/uploads\/Close-announcement-social-asset-1920-x-1080-px-1-768x432.png 768w, https:\/\/trustpair.com\/wp-content\/uploads\/Close-announcement-social-asset-1920-x-1080-px-1-1536x864.png 1536w, https:\/\/trustpair.com\/wp-content\/uploads\/Close-announcement-social-asset-1920-x-1080-px-1.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Trustpair&nbsp;will&nbsp;continue to&nbsp;operate&nbsp;independently,&nbsp;maintaining&nbsp;its existing platform, specialist focus, customer relationships, contracts,&nbsp;and support.&nbsp;The company will continue to&nbsp;support and expand integrations&nbsp;across&nbsp;ERP, treasury,&nbsp;procure-to-pay&nbsp;and payment platforms.&nbsp;Customers will continue to be able to deploy&nbsp;Trustpair&nbsp;across their existing finance environments,&nbsp;whether or not&nbsp;they use Basware. This open ecosystem&nbsp;strategy&nbsp;remains&nbsp;unchanged&nbsp;and central to&nbsp;Trustpair\u2019s&nbsp;approach.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The First End-to-End&nbsp;Lifecycle&nbsp;Assurance from Invoice to Payment&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition brings together complementary capabilities&nbsp;that&nbsp;connect invoice&nbsp;and&nbsp;payment&nbsp;assurance.&nbsp;Basware establishes&nbsp;the&nbsp;validity&nbsp;of the&nbsp;invoice by helping finance teams&nbsp;determine&nbsp;whether an obligation is authentic,&nbsp;accurate,&nbsp;compliant,&nbsp;and approved.&nbsp;Trustpair&nbsp;extends that to&nbsp;payment&nbsp;assurance&nbsp;by&nbsp;validating&nbsp;whether the supplier is genuine, the bank account belongs to that&nbsp;supplier,&nbsp;and the payment is going to the intended destination.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together,&nbsp;these&nbsp;capabilities&nbsp;deliver financial&nbsp;integrity:&nbsp;a&nbsp;connected&nbsp;view&nbsp;of the&nbsp;financial decision behind every payment,&nbsp;linking the invoice&nbsp;and payment&nbsp;in&nbsp;one governed lifecycle.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trustpair.com\/wp-content\/uploads\/Acquisition-PR-images-169-1-1024x576.jpg\" alt=\"\" class=\"wp-image-147369\" srcset=\"https:\/\/trustpair.com\/wp-content\/uploads\/Acquisition-PR-images-169-1-1024x576.jpg 1024w, https:\/\/trustpair.com\/wp-content\/uploads\/Acquisition-PR-images-169-1-300x169.jpg 300w, https:\/\/trustpair.com\/wp-content\/uploads\/Acquisition-PR-images-169-1-768x432.jpg 768w, https:\/\/trustpair.com\/wp-content\/uploads\/Acquisition-PR-images-169-1-1536x864.jpg 1536w, https:\/\/trustpair.com\/wp-content\/uploads\/Acquisition-PR-images-169-1.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">As payment fraud increasingly targets supplier identities and bank details rather than the invoice itself, finance teams&nbsp;must&nbsp;establish&nbsp;trust when supplier data first enters the business,&nbsp;maintain&nbsp;it as information changes, and&nbsp;validate&nbsp;it again before funds are released. The combination of&nbsp;Trustpair&nbsp;and Basware makes this possible.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trustpair.com\/wp-content\/uploads\/Jason-Kurtz-1024x576.png\" alt=\"\" class=\"wp-image-147267\" srcset=\"https:\/\/trustpair.com\/wp-content\/uploads\/Jason-Kurtz-1024x576.png 1024w, https:\/\/trustpair.com\/wp-content\/uploads\/Jason-Kurtz-300x169.png 300w, https:\/\/trustpair.com\/wp-content\/uploads\/Jason-Kurtz-768x432.png 768w, https:\/\/trustpair.com\/wp-content\/uploads\/Jason-Kurtz-1536x864.png 1536w, https:\/\/trustpair.com\/wp-content\/uploads\/Jason-Kurtz.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.linkedin.com\/in\/jason-kurtz-7593513\/\" target=\"_blank\" rel=\"noopener\"><strong>Jason Kurtz<\/strong><\/a><strong>, CEO at Basware,&nbsp;commented&nbsp;on&nbsp;the&nbsp;completed&nbsp;acquisition:<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cTrustpair&nbsp;has built a distinct capability around one of the most important control&nbsp;challenges facing finance teams today.&nbsp;An invoice can be authentic&nbsp;and&nbsp;accurate, but the financial outcome is still wrong if the payment goes to the wrong account. By bringing&nbsp;Basware\u2019s&nbsp;invoice&nbsp;lifecycle management capabilities&nbsp;together&nbsp;with&nbsp;Trustpair\u2019s&nbsp;payment&nbsp;assurance, we can&nbsp;help customers&nbsp;make that complete financial decision with greater confidence.&nbsp;Since we announced the agreement, customers have told us this is the missing piece they have been waiting for, and that excitement has only grown as we get closer to bringing our&nbsp;capabilities&nbsp;together.\u201d<\/em>&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trustpair.com\/wp-content\/uploads\/Baptiste-Collot-1-1024x576.png\" alt=\"\" class=\"wp-image-147273\" srcset=\"https:\/\/trustpair.com\/wp-content\/uploads\/Baptiste-Collot-1-1024x576.png 1024w, https:\/\/trustpair.com\/wp-content\/uploads\/Baptiste-Collot-1-300x169.png 300w, https:\/\/trustpair.com\/wp-content\/uploads\/Baptiste-Collot-1-768x432.png 768w, https:\/\/trustpair.com\/wp-content\/uploads\/Baptiste-Collot-1-1536x864.png 1536w, https:\/\/trustpair.com\/wp-content\/uploads\/Baptiste-Collot-1.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.linkedin.com\/in\/bcollot\/\" target=\"_blank\" rel=\"noopener\"><strong>Baptiste Collot<\/strong><\/a><strong>, Co-founder and CEO at&nbsp;Trustpair,&nbsp;added on&nbsp;the acquisition:<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cSince announcing our intent to join forces, the market signal has been overwhelmingly clear: finance leaders recognize you can no longer dissociate&nbsp;the&nbsp;invoice from payment assurance without exposing your business to severe fraud. As payment threats become more sophisticated with AI, fraud prevention must be an active, connected layer across the entire invoice&nbsp;and payment&nbsp;lifecycle. While&nbsp;maintaining&nbsp;our independent, system-agnostic approach, we will tap into Basware\u2019s scale, resources, and deep data foundation to innovate faster and continue building on our nine-year legacy of specialist payment assurance.\u201d<\/em>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For Basware\u2019s 6,500+&nbsp;customers,&nbsp;the&nbsp;acquisition provides broader&nbsp;assurance&nbsp;across the invoice-to-payment lifecycle. Longer term, the companies see an opportunity to combine Basware\u2019s invoice and supplier context,&nbsp;spanning 2.5 billion invoices and 20 million suppliers,&nbsp;with Trustpair\u2019s fraud-specific intelligence to identify risk earlier,&nbsp;automate&nbsp;validation&nbsp;and give finance teams a more complete view of what a company owes, why it owes it, who should receive the payment, and where the money should go.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Learn More&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information,&nbsp;a webinar&nbsp;recording on the Basware and&nbsp;Trustpair&nbsp;acquisition is available here:&nbsp;<a href=\"https:\/\/www.basware.com\/en\/resources\/from-trusted-suppliers-to-trusted-payments?utm_campaign=51326097-GLB%20%7C%20MARK-CUS%20%7CEXP%20%7C%20OTH%20%7CTrace%20%7C%202026-9&amp;utm_source=PR&amp;utm_medium=pressrelease\" target=\"_blank\" rel=\"noopener\">https:\/\/www.basware.com\/en\/resources\/from-trusted-suppliers-to-trusted-payments<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Basware<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.basware.com\/en\/?utm_campaign=51326097-GLB%20%7C%20MARK-CUS%20%7CEXP%20%7C%20OTH%20%7CTrace%20%7C%202026-9&amp;utm_source=PR&amp;utm_medium=pressrelease&amp;_gl=1*16f6r8x*_gcl_aw*R0NMLjE3ODg5NDI1OTMuQ2owS0NRandoNFRWQmhDV0FSSXNBRzBjem1xWDY0Z1FSQ1ZjeUp4MEROUUlBT3d0enpwczJTSW9BNk5vSUxidVNVNW15Mnc4aXZkMEtQd2FBcUZRRUFMd193Y0I.*_gcl_au*MTI3MjI4MjQ1MS4xNzg2MzQ5NjEx\" target=\"_blank\" rel=\"noopener\"><strong>Basware<\/strong><\/a>\u202fis\u202fthe market leader in\u202fInvoice Lifecycle Management.&nbsp;One platform, four\u202foutcomes\u202fCFOs can rely on: Governed Autonomy, Continuous Compliance, Financial Integrity, Enterprise Control. Our platform governs your entire AP process end-to-end, across every country, every ERP, every\u202fsupplier.\u202fBuilt on 40+ years of industry\u202ffirsts\u202fand trusted by 6,500+ customers worldwide, including DHL, Heineken, and NBC Universal Media.\u202fWith Basware,\u202fNow\u202fit all just&nbsp;happens.\u2122&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About&nbsp;Trustpair<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/trustpair.com\/gb\/\" target=\"_blank\" rel=\"noopener\"><strong>Trustpair<\/strong><\/a>&nbsp;is the global standard for enterprise payment fraud prevention, securing payments for over 600 world-leading organizations, including leading Fortune 500 companies. By embedding AI-driven risk intelligence directly into existing finance ecosystems,&nbsp;Trustpair&nbsp;automates manual account validation to become a centralized, strategic layer of payment security. With a global presence in New York City, Paris, and London,&nbsp;Trustpair&nbsp;empowers finance teams to outsmart sophisticated fraudsters at scale. The platform is SOC 2 Type II and ISO 27001 certified.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Media Contact<\/strong>\u202f&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Abs Hassanali\u202f&nbsp;\u202f&nbsp;<br>Global Head of PR &amp; Communications\u202f&nbsp;<br><a href=\"mailto:abs.hassanali@basware.com\" target=\"_blank\" rel=\"noopener\">abs.hassanali@basware.com<\/a>\u202f\u202f&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trustpair&nbsp;will continue to&nbsp;operate&nbsp;independently, while the combination brings invoice&nbsp;and payment&nbsp;assurance&nbsp;into one lifecycle&nbsp; PARIS \u2013 October 1, 2026 \u2013&nbsp;Basware, the global leader in Invoice Lifecycle Management (ILM), today announced&nbsp;the completion of its acquisition of&nbsp;Trustpair, a leading payment fraud prevention platform, following the&nbsp;agreement announced in August.&nbsp;&nbsp; The acquisition&nbsp;extends&nbsp;Basware\u2019s invoice&nbsp;lifecycle management capabilities&nbsp;all the way to the payment itself:&nbsp;an invoice [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":147383,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[108],"tags":[],"class_list":["post-147354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trustpair-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - 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