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Convesio Acquires PeachPay to Launch ConvesioPay, Expanding into Fintech-Driven Commerce

By Burstable Editorial Team

TL;DR

Convesio's acquisition of PeachPay creates a competitive edge by offering merchants an integrated commerce platform that simplifies payments and boosts sales through modern checkout experiences.

ConvesioPay integrates PeachPay's all-in-one payments system into Convesio's platform, enabling merchants to manage hosting, payments, and checkout through a unified dashboard and payment facilitator model.

This integration helps merchants focus on growth and customer service by reducing payment complexity, making e-commerce more accessible and efficient for businesses worldwide.

Convesio now powers over 10,000 sites and merges with PeachPay to transform from a hosting provider into a fintech-driven commerce platform with streamlined payments.

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Convesio Acquires PeachPay to Launch ConvesioPay, Expanding into Fintech-Driven Commerce

Convesio has announced that PeachPay is now part of its organization, with the PeachPay team joining Convesio to power the launch of ConvesioPay. This strategic move represents a significant evolution for Convesio as it transitions from a pure hosting provider into a fintech-driven commerce platform serving more than 10,000 sites across its infrastructure. The integration means ConvesioPay will now be delivered through PeachPay's all-in-one payments and checkout experience specifically designed for modern WooCommerce and online businesses.

This development positions Convesio as a payment facilitator, allowing the company to support merchants across the entire payment lifecycle from onboarding and payouts to risk management and reporting, while PeachPay technology powers the front-end checkout and payment experience. Tom Fanelli, Founder and CEO of Convesio, described the acquisition as a pivotal milestone for the platform. By incorporating PeachPay's technology, Convesio transforms into what Fanelli calls a true commerce engine the fastest way to host, scale and get paid on WordPress.

ConvesioPay enables merchants to connect multiple payment methods, view everything through a single dashboard, and implement modern checkout experiences designed to increase sales conversion. The strategic shift comes as Convesio aims to simplify the complexity of payment processing for its customers. Fanelli emphasized that the company's goal is to remove payment complexities so merchants can focus on product development, customer service, and revenue growth.

With the combined expertise of the PeachPay team now integrated into Convesio's operations, the company believes ConvesioPay will significantly benefit the businesses it serves by providing a unified solution that handles everything from infrastructure to payment processing. This development represents a broader trend in the e-commerce platform space where companies are expanding beyond their core hosting services to offer integrated financial technology solutions. The ConvesioPay platform, powered by PeachPay's technology, aims to provide WooCommerce merchants and agencies with a single, scalable stack to manage hosting, conversion optimization, and payment processing without needing multiple third-party services.

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Burstable Editorial Team

Burstable Editorial Team

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