PARIS/LONDON (Reuters) - French AI fintech firm XFolio AI acquired Absolute Payment Solutions (APS), a UK-based treasury and payment solutions provider, on June 23, 2026. The deal aims to expand XFolio’s capabilities in the UK market.

AcquirerXFolio AI (FR)
TargetAbsolute Payment Solutions (GB)
ValueUndisclosed
TypeAcquisition
Closing DateJune 23, 2026
Announcement DateJune 23, 2026
Advisors (Buy)Unknown
Advisors (Sell)Unknown
Legal Advisors (Buy)Unknown
Legal Advisors (Sell)Unknown

The acquisition is intended to enhance XFolio AI's treasury and payment offerings for UK corporate clients, providing a comprehensive suite of financial services. APS brings expertise in digital payments integration and cash management solutions that complement XFolio’s existing AI-driven technologies.

XFolio AI sees this move as a strategic step towards becoming a leading provider of unified treasury and payments platforms within the UK market. With the inclusion of APS, the company aims to better serve corporations by offering seamless payment processing alongside advanced analytics and cash management features.