Sidetrade announced on Monday that it has signed binding agreements to acquire 100% of Australian fintech company ezyCollect, marking its entry into the Asia-Pacific market and enhancing its global expansion of AI-powered Order-to-Cash (O2C) solutions.
Sydney-based EzyCollect serves more than 1,100 SMEs managing receivables worth A$19 billion.
This acquisition, valued at approximately €37 million, will expand Sidetrade’s reach across three continents, Europe, North America and Asia Pacific, positioning the group as a global leader in O2C.
Olivier Novacek, CEO of Sidetrade, said: “With ezyCollect, Sidetrade has all the assets required to realize its global ambitions. This proposed acquisition opens immediate access to the Asia-Pacific region, one of the most dynamic economic regions in the world.”
Founded in 2014, ezyCollect has achieved a CAGR of 28% over the past three years and expects its 2025 revenue to reach A$14 million (€8 million).
EzyCollect CEO Arjun Singh called the deal “a giant leap for all the mid-market companies we already help succeed,” adding that Sidetrade’s AI capabilities will bring enterprise-level efficiencies to SMBs around the world.
The acquisition, Sidetrade’s largest to date, will see the Asia Pacific region account for approximately 13% of the group’s revenue from 2026.