Pateno Payments Inc., based in Calgary, has successfully completed the acquisition of certain assets from XTM Inc., including its EveryDay payment program and the associated software. This acquisition is part of a broader strategy by Pateno to enhance its service offerings within the payments sector. The transaction was officially sanctioned by the Ontario Superior Court of Justice on September 1, 2026, which played a crucial role in facilitating this transition. The EveryDay Program, significant for its functionalities in the payment processing realm, is expected to integrate into Pateno’s existing operations, thereby expanding its capabilities. This deal reflects ongoing changes and consolidations within the Canadian financial technology landscape as firms move to adapt to evolving market demands.
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