Comdata to acquire SOLE Financial
Comdata, a FLEETCOR company, has highlighted its recent acquisition of SOLE Financial, a payroll card provider. Originally announced on 8 July 2019, the acquisition is designed to expand the potential market for Comdata’s Fintwist digital payment solution.
Fintwist gives companies the ability to provide full digital payroll information to the workforce, as well as cardholder education and financial management tools. Comdata adds that the way it changes payroll processing can move payroll from being a cost centre to an employee benefit.