On February 20, 2025, Valsoft Corporation Inc., a Montreal-based acquirer and developer of vertical market software, acquired Digital Currency Systems ("DCS"), a U.S.-based provider of point-of-sale solutions for the alternative financial services industry. DCS specializes in software for check cashing, bill payments, debit card loading, and money transfers. This marks Valsoft’s fifth financial services acquisition and its second check-cashing software company.

The transaction allows DCS to leverage Valsoft’s global resources to accelerate growth and expand its technology offerings. Todd Gagerman, CEO of DCS, expressed enthusiasm about the partnership, highlighting the opportunity to enhance innovation and customer reach. Antonino Piazza, Investment Partner at Valsoft, emphasized the alignment with Valsoft’s strategy of investing in market-leading software businesses.

Legal representation for Valsoft was handled internally by General Counsel David Felicissimo. Digital Currency Systems was advised by Faegre Drinker Biddle & Reath LLP.

Valsoft, headquartered in Canada, continues its expansion in the financial technology sector through strategic acquisitions. No transaction value was disclosed.