APPS

Fountain Valley, United States Founded: 2004 • Age: 22 yrs Acquired By Stax
End-to-end payment processing is facilitated through APIs for merchant partners.

About APPS

APPS is a company based in Fountain Valley (United States) founded in 2004 was acquired by Stax in October 2023. APPS has completed 2 acquisitions, including Clique Payments and Paynomix. APPS operates in a competitive market with competitors including Fiserv, Arcus, Volante Tech, Tilled and Payrix, among others.

  • Headquarter Fountain Valley, United States
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website approcessing.com
  • Social LinkedIn X Facebook
  • Acquired by Stax (Oct 2023)
Key Metrics

Investors in APPS

APPS has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stax Payments.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Payment processing solutions are provided to businesses of all sizes.
2014staxpayments.comOrlando, United States
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Investor details for APPS

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People of APPS

5 people are tracked at APPS (2 in leadership, 3 in team).

NameRoleGroup
Abe Maghaguian
CEOLeadership
Sarah Gerald
COOLeadership
Paul Oswald
SVP, Business DevelopmentTeam
Pedro Tarifa
AVP Of OperationsTeam
Alicia Cook
AVP of Acquiring Network ServicesTeam
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Complete people profiles for APPS

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Investments & Acquisitions by APPS

APPS has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Clique Payments and Paynomix.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Virtual POS solutions are offered for business payments and accounting.
cliquepayments.comBethpage, United States2017Jun 2021β€’β€’β€’β€’
SaaS-based platform for accounting and finance management is provided.
paynomix.comWilmington, United States2019Jan 2021β€’β€’β€’β€’
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Complete acquisition details for APPS

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Timeline of APPS

4 dated milestones of APPS across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded APPS is founded.
  2. Acquisition Acquires Paynomix.
  3. Acquisition Acquires Clique Payments.
  4. Exit Acquired by Stax.

Competitors of APPS

APPS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiserv, Arcus, Volante Tech, Tilled and Payrix, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fiserv.com1984United States–42,000
Diversified financial solutions for business processing and management are provided.
arcusfi.com2013New York, United States$1.82M–
Payment-as-a-service solutions are delivered to merchants for financial product creation.
volantetech.com2001Jersey, United States$111M627
Payment facilitation and cloud solutions are provided for financial institutions.
tilled.com2005Boulder, United States$56.41M42
Payment solutions are facilitated for businesses and merchants.
payrix.com2015Hollywood, United States$72M–
Payment facilitation platform is offered to businesses for online transactions.
verituity.com2020Mclean, United States$29.8M–
Cloud-based platform connects banks, payers, and payees for digital payouts.
infinicept.com2014Denver, United States$23.23M–
Payment facilitator solutions for merchants
fortispay.com2010Novi, United States–152
Fortis is recognized as a leader in embedded ERP payment processing.
billhighway.co1999Troy, United States–130
Financial solutions are offered to enterprises via a cloud-based platform.
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Detailed competitors of APPS

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Latest news on Apps

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Similar companies to APPS

10 companies that operate in the same segment as APPS (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about APPS

APPS was founded in 2004.

APPS is headquartered in Fountain Valley, United States. It is registered at Fountain Valley, California, United States.

Abe Maghaguian is the current CEO of APPS.

APPS was founded in 2004 and is headquartered in Fountain Valley, United States. Operations focus on the payment processing sector as a full-service merchant acquirer. Services are extended to independent sales organizations, agents, software vendors, resellers, and financial institutions. Transaction solutions are provided to support merchant customers, with emphasis on cost reduction and workflow efficiency across the United States.

APPS's top competitors include Fiserv, Arcus and Volante Tech.

APPS has made 2 acquisitions, including Clique Payments, and Paynomix.

APPS has 1 investor. Key investors include Stax Payments.

Yes. APPS was acquired by Stax in October 2023.

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