Basware to Acquire Trustpair for End-to-End Invoice and Payment Fraud Prevention — Basware Oyj

Event summary

Basware has signed a binding agreement to acquire Trustpair, extending its Invoice Lifecycle Management into payment fraud prevention.
The acquisition aims to deliver the industry's first end-to-end invoice lifecycle assurance, covering invoice legitimacy and payment validation.
Trustpair will continue to operate independently as a Basware company, maintaining its existing customer relationships and ecosystem integrations.
The transaction is expected to close later in 2026, with Trustpair's existing investors continuing to support its growth.
Basware has made several acquisitions between 2023 and 2025, including Glantus, AP Matching, and Redmap, to enhance its Invoice Lifecycle Management capabilities.

The big picture

The acquisition comes as AI-driven fraud becomes more sophisticated, with organizations losing an estimated 8% of revenue annually to scams. Regulators are also increasing scrutiny on businesses to prevent fraudulent payments, making end-to-end invoice and payment assurance a critical capability. Basware's move to acquire Trustpair positions it as a leader in financial integrity and continuous compliance across the invoice lifecycle.

What we're watching

Integration Challenges: How Basware will integrate Trustpair's capabilities into its existing platform without disrupting current operations or customer relationships.
Regulatory Compliance: Whether the combined entity can effectively address tightening regulations in the US, UK, and EU regarding fraudulent payments.
Market Expansion: The pace at which Basware can leverage Trustpair's customer base and ecosystem integrations to accelerate growth in the payment fraud prevention market.