For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260331:nRSe4991Ya&default-theme=true
RNS Number : 4991Y AccessPay 31 March 2026
[Related Image]
(https://storage.googleapis.com/accesswire/featureimages/1152624/.jpg)
AccessPay Accelerates Growth With Majority Investment From Leading Software
Investor, Accel-KKR
Financial backing enables AccessPay to scale services for enterprise clients
and drive innovation in finance operations
MANCHESTER, UK / ACCESS Newswire / March 31, 2026 / AccessPay
(https://pr.report/k6q2) , a leading bank integration and payment automation
provider, has secured a majority investment from Accel-KKR
(https://pr.report/k6q3) , a prominent global private equity firm specialising
in enterprise technology and software companies. The investment is expected to
enable AccessPay to fuel the next phase of growth and further its ambition to
become a world-class SaaS business driving innovation in the office of the
CFO. The investment also opens the door for AccessPay to pursue growth via
strategic acquisitions.
The office of the CFO faces an increasingly testing operating environment.
Alongside cost pressures, increased cyber threats, and a volatile geopolitical
climate, AI is fundamentally rewiring finance operating practices. A global
McKinsey survey of CFOs from late 2025 reported that 44% of survey respondents
had identified five or more AI use cases.(1)
AccessPay helps organisations drive finance transformation and achieve AI
readiness by connecting back-office finance systems to banks, providing clean,
structured payment and bank statement data required for seamless
automation. With the financial backing from Accel-KKR, AccessPay is
positioned to meet increasing demand from enterprise organisations, where
the ability to deliver services reliably at scale is essential. It
will also use the funding to develop new product offerings and pursue
strategic acquisition opportunities.
"AccessPay plays a crucial role in helping to optimise finance operations,
increasing automation, improving cash visibility, and reducing the risk of
fraud and error. It also has a reputation for delivering outstanding customer
service," states Phil Cunningham, Managing Director at Accel-KKR. "The company
aligns closely with our portfolio of investments, delivering mission-critical
solutions to the office of the CFO, and we look forward to supporting CEO
Anish Kapoor and his team."
Anish Kapoor, who will remain as CEO of AccessPay, comments: "As a scale-up
business preparing for its next growth phase, AccessPay was looking for an
investor with a track record in enterprise software investment. Accel-KKR was
the standout choice for us thanks to its experience in technology investing
and domain expertise. Its backing not only means we can innovate at scale,
but, as a platform investment, opens the door to pursue accelerated growth
through acquisition. We are confident in what both firms can develop together
and the role we can play in shaping the future of finance and treasury
operations."
Accel-KKR's investment in AccessPay represents another success story
for Greater Manchester's flourishing fintech market, which contributes
over £1bn to the UK economy.(2)
Royal Park Partners served as the exclusive strategic and financial advisor to
AccessPay. Terms of the transaction were not disclosed.
ENDS
Notes to editors:
McKinsey, How Finance Teams are Putting AI to Work Today.
(https://pr.report/k6q4)
Fintech North, Greater Manchester. (https://pr.report/k6q5)
About AccessPay
AccessPay is a leading provider of bank integration solutions, pioneering
finance transformation for the Office of the CFO. AccessPay helps finance and
treasury teams modernise their operations through secure, cloud-based bank
connectivity.
Our platform connects back-office systems to banks, enabling the automated
flow and transformation of payment, bank statement and other financial data.
Thousands of businesses around the world partner with AccessPay to automate
supplier and client payments, Direct Debit collections, and bank statement
retrieval - improving efficiency, reducing fraud risk, and gaining real-time
cash visibility.
Founded in 2012 and headquartered in Manchester, UK, AccessPay is trusted by
global enterprises to automate finance and treasury operations and build a
future-ready Office of the CFO.
Website: www.accesspay.com (https://pr.report/k6q6)
Follow us on LinkedIn: AccessPay (https://pr.report/k6q7)
About Accel-KKR
Accel-KKR is a technology-focused investment firm with over $23 billion in
cumulative capital commitments. The firm focuses on software and tech-enabled
businesses, well-positioned for topline and bottom-line growth. At the core of
Accel-KKR's investment strategy is a commitment to developing strong
partnerships with the management teams of its portfolio companies and a focus
on building value alongside management by leveraging the significant resources
available through the Accel-KKR network.
Accel-KKR focuses on middle-market companies and provides a broad range of
capital solutions, including buyout capital, minority-growth investments, and
credit alternatives. Accel-KKR also invests across various transaction types,
including private company recapitalizations, divisional carve-outs, and
going-private transactions. Accel-KKR's headquarters is in Menlo Park, with
offices in London, Atlanta and Chicago.
To learn more, please visit accel-kkr.com (https://pr.report/k6q8) .
Press contacts:
For AccessPay:
Chanda Shingadia, The Comms Crowd
Phone: +44 (0)7951 163 615
Email: chanda@commscrowd.com (mailto:chanda@commscrowd.com)
For Accel-KKR:
Todd Fogarty, Kekst CNC
Phone: +1 212 521 4854
Email: todd.fogarty@kekstcnc.com (mailto:todd.fogarty@kekstcnc.com)
SOURCE: AccessPay
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAJRMITMTMTBAF
Copyright 2019 Regulatory News Service, all rights reserved