Fort Collins’ BillGo acquires Prism

FORT COLLINS — BillGo Inc., the Fort Collins-based financial tech company, acquired Redmond, Wash.-based Prism.

Prism is an app that tracks bills and pays them automatically on behalf of its customers. It has a network of more than 11,000 billers. BillGo looks to provide back-end technology for banks and payment centers to provide real-time bill payments for people, reducing lag time between making the payment and seeing that money leave the account and in turn reducing late fees and fines.

“There’s a difference between perception and reality in the payment space,”…