KORT Payments to Buy AptPay in Real-Time Payments Push

KORT Payments announced Monday it has signed a definitive agreement to acquire 100% of AptPay, a move designed to bolster the Canadian omnichannel payments provider's real-time money movement capabilities across North America.

The acquisition combines AptPay's multi-rail payment platform with KORT's existing omnichannel payments infrastructure, positioning the merged company to offer broader payment orchestration services to merchants and financial institutions operating across the continent.

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Real-time payments have emerged as a competitive battleground among North American fintech firms, as businesses and consumers increasingly demand faster settlement and greater flexibility in how funds move between accounts and platforms. Multi-rail capability — the ability to route transactions across multiple payment networks — is viewed as a key differentiator in that race.

Financial terms of the deal were not disclosed in the announcement. KORT is headquartered in Toronto, and the agreement reflects a broader trend of consolidation among specialized payment providers seeking scale and technological depth as the North American payments landscape grows more complex.

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