Paragon Group has announced its acquisition of Parseq, a specialist in document, finance, and payment process automation. This acquisition helps Paragon continue its strategic growth strategy and reinforces its position as a leader in business process services.

Acquiring Parseq enables Paragon Group to scale its current offerings with new BPS market clients, accelerate its innovation using Parseq’s Robotic Process Automation and Machine Learning capabilities, and obtain Parseq’s Secure Cheque Encoding patent to provide enforced reliability for FS clients.