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KeyCorp Invests in XUP Payments

05/11/2021 08:28

12:21 PM EDT, 05/11/2021 (MT Newswires) -- KeyCorp.'s (KEY) KeyBank has made an equity investment in banking-as-a-service platform XUP Payments for digital and physical merchant services that provide a streamlined process for sales, onboarding, activation, and servicing.

Financial terms were not disclosed.

KeyBank is the first commercial bank in the US to invest in XUP, according to a statement Tuesday.

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