LawPay's Parent Company Acquires Competitor ClientPay, Expanding Deeper in Law Firm Market
The CEO of LawPay's parent company AffiniPay notes the acquisition comes at a time when law firms' growing embrace of digital payment solutions is accelerating to new heights due to the COVID-19 pandemic.
February 09, 2021 at 08:30 AM
3 minute read
Financial technology company AffiniPay announced Tuesday that it has acquired ClientPay, a digital payment platform geared specifically to law firm clients. The acquisition allows AffiniPay, which also owns fellow law firm electronic payment software LawPay, to vastly expand its footprint in the legal market.
In a press release announcing the news, the company noted the deal brings with it the numerous practice management partnerships ClientPay has acquired over the years. Law firm electronic services commonly integrate with practice management solutions to offer firms a more comprehensive transaction. LawPay itself, for example, integrates with platforms such as Orion Law Management Systems, Bill4Time and CosmoLex, among many others.
Tom West, AffiniPay's CEO, noted the acquisition brings onboard "a number of really good partnerships and integrations that many LawPay clients are going to be interested in—and ClientPay clients are going to be interested in the LawPay integrations" as well.
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