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Basware Completes Acquisition of Trustpair, Strengthening Financial Integrity from Invoice to Payment
Trustpair will continue to operate independently, while the combination brings invoice and payment assurance into one lifecycle
PARIS, Oct. 5, 2026 /PRNewswire/ — Basware, the global leader in Invoice Lifecycle Management (ILM), today announced the completion of its acquisition of Trustpair, a leading payment fraud prevention platform, following the agreement announced in August.
The acquisition extends Basware’s invoice lifecycle management capabilities all the way to the payment itself: an invoice can be authentic, accurate and properly approved, but the supplier bank account associated with it may be fraudulent.
Trustpair will continue to operate independently, maintaining its existing platform, specialist focus, customer relationships, contracts, and support. The company will continue to support and expand integrations across ERP, treasury, procure-to-pay and payment platforms. Customers will continue to be able to deploy Trustpair across their existing finance environments, whether or not they use Basware. This open ecosystem strategy remains unchanged and central to Trustpair’s approach.
The First End-to-End Lifecycle Assurance from Invoice to Payment
The acquisition brings together complementary capabilities that connect invoice and payment assurance. Basware establishes the validity of the invoice by helping finance teams determine whether an obligation is authentic, accurate, compliant, and approved. Trustpair extends that to payment assurance by validating whether the supplier is genuine, the bank account belongs to that supplier, and the payment is going to the intended destination.
Together, these capabilities deliver financial integrity: a connected view of the financial decision behind every payment, linking the invoice and payment in one governed lifecycle.
As payment fraud increasingly targets supplier identities and bank details rather than the invoice itself, finance teams must establish trust when supplier data first enters the business, maintain it as information changes, and validate it again before funds are released. The combination of Trustpair and Basware makes this possible.
Jason Kurtz, CEO at Basware, commented on the completed acquisition:
“Trustpair has built a distinct capability around one of the most important control challenges facing finance teams today. An invoice can be authentic and accurate, but the financial outcome is still wrong if the payment goes to the wrong account. By bringing Basware’s invoice lifecycle management capabilities together with Trustpair’s payment assurance, we can help customers make that complete financial decision with greater confidence. Since we announced the agreement, customers have told us this is the missing piece they have been waiting for, and that excitement has only grown as we get closer to bringing our capabilities together.”
