RBC, BMO agree to sell Moneris to Francisco Partners for about $2-billion
2 sources·Updated August 11, 2026
Covered by 2 sources
- Financial Post·1h agoFrancisco to Buy Payments Firm Moneris From RBC, BMO for $1.4 Billion
Two of Canada’s largest banks agreed to sell payments firm Moneris Solutions Corp. to Francisco Partners for C$2 billion ($1.4 billion) in cash.
Read at Financial Post → - Globe and Mail Biz·4h agoRBC, BMO agree to sell Moneris to Francisco Partners for about $2-billion
Following the closing of the transaction, RBC and BMO will enter into a long-term customer referral arrangement with the payment processing company
Read at Globe and Mail Biz →
