About Exact Payments
Exact Payments is a Retail company based in Scottsdale (United States) founded in 1999, and was acquired by Paynt in June 2025. Cloud-based payment processing solutions are provided for businesses. It operates in the Retail and Financial Services sectors. Its chief executive, as recorded, is Phil Levy. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity is E-xact Transactions (Canada) Ltd. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Exact Payments was founded in 1999 and is headquartered in Scottsdale, United States. Operations focus on the fintech sector, delivering cloud-based solutions for digital commerce. Services include online payment processing, subscription and recurring payments, low-code payment forms, integrated virtual point-of-sale systems, invoice processing, and an intuitive reporting portal. These offerings support software platforms, bank partners, and omnichannel merchants.
- Headquarters Scottsdale, United States
- Stage Acquired
- SectorsRetailFinancial Services
- Email••••••••
- Phone•••• ••••
- Website exactpay.com
- Social LinkedIn X
- Acquired by Paynt (Jun 2025)
- Legal Name E-Xact Transactions (Canada) Ltd.
- InvestorsPlatform Partners
& 1 more
- Acquired byPaynt
(Jun 2025)
Funding Insights of Exact Payments
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of Exact Payments with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | Private Equity Round | – | Platform Partners | – | |
| Nov 2020 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Exact Payments
Exact Payments has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Platform Partners and Paynt.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| platformllc.com | ||||
Offers payment processing, POS systems, and funding for retail and hospitality sectors. | 2013 | paynt.com | Vilnius, Lithuania |
Investor details for Exact Payments
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People of Exact Payments
3 people are tracked at Exact Payments (3 in leadership).
| Name | Role | Group |
|---|---|---|
Phil Levy | CEO | Leadership |
Zachary Jarvinen | VP, Marketing | Leadership |
Jeremy Smillie | VP Of Devsecops | Leadership |
Complete people profiles for Exact Payments
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Timeline of Exact Payments
4 dated milestones of Exact Payments across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Exact Payments is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round,.
- Exit Acquired by Paynt.
Competitors of Exact Payments
Exact Payments has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Exact Payments
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Web traffic of Exact Payments
Websites that share an audience with Exact Payments (exactpay.com).
Websites whose visitors overlap most with Exact Payments. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
expertpay.com | expertpay.com | 100% | #155,731 | – |
Top companies in E-Commerce Enablers & Infrastructure
3 companies that operate in the same segment as Exact Payments (E-Commerce Enablers & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 |
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Related news about Exact Payments
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Frequently Asked Questions about Exact Payments
Exact Payments was founded in 1999 and raised its 1st funding round 21 years after it was founded.
Exact Payments is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Phil Levy is the CEO of Exact Payments, as recorded in our data.
Exact Payments was founded in 1999 and is headquartered in Scottsdale, United States. Operations focus on the fintech sector, delivering cloud-based solutions for digital commerce. Services include online payment processing, subscription and recurring payments, low-code payment forms, integrated virtual point-of-sale systems, invoice processing, and an intuitive reporting portal. These offerings support software platforms, bank partners, and omnichannel merchants.
Exact Payments's top competitors include Stripe, Flutterwave and PayPal.
Exact Payments has 2 investors. Key investors include Platform Partners, and Paynt.
Exact Payments operates through E-Xact Transactions (Canada) Ltd..
Yes. Exact Payments was acquired by Paynt in June 2025.