Home / Fremont / RenovITe Technologies acquires Q-ATM, ramps up for growth

RenovITe Technologies acquires Q-ATM, ramps up for growth

Oct. 13, 2017

RenovITe Technologies Inc., a Fremont California-based provider of payment solutions, has acquired U.K.-based Q-ATM Ltd., a provider of payments solutions and services for the ATM and transaction processing industries.

According to a press release, Q-ATM consulting capabilities will complement RenovITe payment products and professional services, and will increase the latter company’s ability to deliver payments solutions to financial institutions, processors and retailers.

Pursuant to the acquisition by RenovITe, Q-ATM Managing Director Jim Tomaney will join the RenovITe executive team as Chief Operating Officer. Tomaney’s past experience includes positions with ACI Worldwide, Barclays Bank, Wincor Nixdorf and FIS, as well as consulting engagements with First Data, Clear2Pay and FSS Technologies.

Tomaney joins other recent appointees in key roles at RenovITe:

  • Matt Scott has been appointed Chief Technology Officer and will oversee the development of the company’s…

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