KORT Payments to Acquire AptPay for Enhanced Real-Time Payment Capabilities
KORT Payments has announced the acquisition of AptPay, a Toronto-based payments technology company specializing in real-time money movement and payment orchestration. The deal will integrate AptPay's multi-rail platform into KORT’s omnichannel services, enabling businesses to move funds across various domestic and international payment systems from one integration point. AptPay supports compliance tools for KYC, AML, and sanctions screening, serving high-growth sectors like online gaming, digital assets, and financial services. The acquisition is expected to expand KORT’s offerings beyond card acceptance into account-to-account payments and disbursements while accelerating its U.S. market expansion. The transaction is set to close in Q4 2026 under customary conditions. Post-acquisition, AptPay will operate as a division of KORT but retain the AptPay brand.