Fintech veteran Ezypay acquired by US payments firm Xplor

One of Sydney’s OG fintechs, 29-year-old Ezypay, will be acquired by US software and payments firm Xplor Technologies.

The terms of the deal were not disclosed.

Xplor has its own Australian links dating back to Melbourne entrepreneur Mark Woodland, who founded the startup in 2016, then sold it to TSG in 2019. It’s now based in Atlanta, with offices in Australia and several other countries

Ezypay offers cloud-based payments processing, subscription management, invoicing and reporting. It was founded in 1996 in Sydney by George Holman, the fintech’s chair, to tackle recurring payments such as gym memberships, and became a global business focused on subscriptions and direct debits. Ezypay now operates in 10 countries across the Asia Pacific region, and gives Xplor access to new markets.

Xplor Pay president Matt Morrow said integrating Ezypay’s capabilities will enable SaaS platforms to enter the Asia Pacific region more easily, streamline operations across multiple markets, and offer a more unified, consistent consumer experience.

“Our decision to acquire Ezypay underscores our commitment to providing best-in-class subscription management and embedded payments solutions, and enabling businesses to expand internationally,” he said.

“This acquisition will enhance our ability to serve SaaS platforms operating in Asia Pacific, helping them generate more revenue and scale their operations effectively.”

Foster, who’ll continue to lead Ezypay, said it’s a trusted growth platform in the Asia-Pacific region.

“Just like Xplor Pay, we work with innovative technology platforms and leading SaaS companies to tailor embedded payments solutions for business growth – so I’m excited about the opportunities we will bring to Xplor Technologies and its customers,” he said.

The M&A deal is expected to close in December 2025, subject to regulatory approvals.