PandaDoc, an American document workflow software company, has acquired Denario, a German business payment network. Terms weren’t made public.
The company said that it makes it simple for businesses to create, manage, and electronically sign documents like quotes, contracts, and proposals. The company also offers the ability to collect payments directly from documents, but with the acquisition of Denario, it is now strengthening this capability.
“By combining our efforts, we will be able to work on an embedded documents + payments solution that streamlines and automates customer payment collection in one location,” says Philipp Pohlmann, founder of Denario.
Read More: PandaDoc buys payments firm Denario