Telpay buys Notch to close the loop on Canadian business cash flow

What's the deal? TelpayDealroom has a profile for this one. Try Dealroom →, a Winnipeg-based business payments company, has acquired Notch Financial, an accounts receivable automation software provider. The deal adds invoicing, payment collection, and ordering tools to Telpay's platform. Terms were not disclosed.

What's the endgame? For more than 40 years, Telpay has focused on money flowing out of businesses — supplier payments, payroll, and approval workflows. Notch extends the platform to the other side: helping companies invoice customers, collect payments faster, and track incoming cash.

Why now? "Businesses don't lose sleep over how payments are processed—they worry about whether they'll have the cash they need when they need it," said Mark LoewenDealroom has a profile for this one. Try Dealroom →, president of Telpay. He framed the acquisition as a step toward "a single platform to see, control, and optimize their cash flow."

Notch chief executive officer Jordan Huck said the goal had been "to help Canadian businesses simplify accounts receivable so they can focus on running and growing their business."

What changes for customers? Existing Notch merchants, partners, and Telpay customers can expect uninterrupted service through the transition. Telpay says users will gain access to new capabilities as integration work progresses.

The signal: Telpay processes more than $28 billion annually and has served businesses since 1985. Folding in receivables automation reflects a broader push to consolidate fragmented cash flow tools into one platform — pairing money out with money in for Canadian firms.

Read more: Yahoo Finance

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