PayComplete splits from SuzoHapp

Feb. 1, 2021

SuzoHapp has spun off its PayComplete, formerly the company’s cash-management division, into an independent fintech platform company. PayComplete’s IoT platform is called “Connect.”

Headquartered in Mount Prospect, Illinois, SuzoHapp said it will focus solely on its core gaming, amusement and sports betting businesses. The company, part of the SuzoHapp Group, has a 60-year history serving those segments. It’s owned by Acon Investments.

PayComplete describes itself as global technology company that provides cloud-based software, devices and services for self-service financial transactions and broader payment solutions. Its core offering is an IoT platform for financial transactions that runs on cash recyclers to POS systems, kiosks and cashless technologies, among other devices. It employs some 1,000 people in 19 countries serving 5,000-plus businesses.

PayComplete chief executive Jurgen Leijdekker said PayComplete will move forward with a focused portfolio of hardware devices and expand the capabilities of its Connect IoT platform.

"Our software, devices and services enable businesses to build tailored solutions for customer transactions — centered around devices such as kiosks, virtual tellers, self-check-out solutions, vending or cash management systems,” Leijdekker added. “PayComplete connects it all … [and] runs equally well on PayComplete or third-party devices.”

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