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KORT Payments Company Overview
KORT Payments, established in 2016 (formerly operating as Merrco Payments), is a Canadian-born fintech platform specializing in omnichannel payment solutions tailored to regulated and licensed industries. In 2024, the company rebranded under the leadership of Joel Leonoff—one of the founders of Optimal Payments (Paysafe)—to pursue aggressive expansion and strategic M&A across North America and Europe. Its enterprise-grade platform includes tools like PayHQ (for authorization, settlement, and funding) and Barnet POS, serving verticals such as e-commerce, healthcare, beauty, insurance, hospitality, real estate, and retail. In early 2025, KORT accelerated its U.S. market entry by acquiring Paysafe Direct’s direct‑marketing payment processing business, gaining reseller contracts, technology assets, and experienced personnel. KORT is committed to delivering compliant, scalable, omni-channel payment capabilities with a skilled leadership team poised for global growth.