About First American Payment Systems
First American Payment Systems is a company based in Fort Worth (United States) founded in 1990 was acquired by Deluxe corporation in April 2021. First American Payment Systems has raised $148.27 million across 5 funding rounds from investors including Deluxe corporation, Ontario Teachers' Pension Plan and Lindsay Goldberg. The company has 550 employees. First American Payment Systems operates in a competitive market with competitors including Clover, Ezetap, Presto, JetPay and SwipeSimple, among others.
- Headquarter Fort Worth, United States
- Employees 550
- SectorsFinancial Services
- Phone•••• ••••
- Website first-american.net
- Social LinkedIn X Facebook
- Acquired by Deluxe corporation (Apr 2021)
- Legal Name First American Payment Systems Lp
- Total Equity Funding$148.27M (USD)
in 5 rounds
- Latest Funding Round$360M (USD), Debt – Conventional
May 2017
- InvestorsDeluxe corporation
& 2 more
- Employee Count550
- Acquired by
Funding Insights of First American Payment Systems
First American Payment Systems has successfully raised a total of $148.27M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $360 million completed in May 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $148.27M
- Total Rounds 5
- Last Round Debt – Conventional — $360M
- First Round $6M
(Oct 2002)
- Investors Count 1
All 5 funding rounds of First American Payment Systems 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 |
|---|---|---|---|---|---|
| May 2017 | $360M | Debt – Conventional | – | – | – |
| Apr 2015 | $12.17M | Series B | – | – | – |
| Aug 2014 | $130.1M | Series B | – | – | – |
| Jan 2003 | – | Series A | – | – | |
| Oct 2002 | $6M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in First American Payment Systems
First American Payment Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Deluxe corporation, Ontario Teachers' Pension Plan and Lindsay Goldberg.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm invests in the US | – | lindsaygoldbergllc.com | New York, United States | |
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada | |
Payment processing and data solutions are provided for businesses. | 1915 | deluxe.com | Saint Paul, United States |
Investor details for First American Payment Systems
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People of First American Payment Systems
2 people are tracked at First American Payment Systems (2 in leadership); the tracked headcount is 550.
| Name | Role | Group |
|---|---|---|
Neil Randel | CEO & President | Leadership |
Neil L Randel | Chairman/CEO | Leadership |
Complete people profiles for First American Payment Systems
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Timeline of First American Payment Systems
5 dated milestones of First American Payment Systems across 31 years, from founding to its latest funding, stage changes and deals.
- Founded First American Payment Systems is founded.
- Funding First funding round of $6.0M.
- Exit Acquired by Ontario Teachers' Pension Plan.
- Funding Latest funding round, Debt – Conventional, of $360.0M.
- Exit Acquired by Deluxe corporation.
Competitors of First American Payment Systems
First American Payment Systems 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 Clover, Ezetap, Presto, JetPay and SwipeSimple, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clover.com | 2010 | Mountain View, United States | $8.75M | 6 | Cloud-based mPOS system for small business operations is offered. | |
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| presto.com | 2008 | San Carlos, United States | $82.62M | 137 | Drive-through automation solutions for restaurants are provided using AI. | |
| jetpay.com | 2011 | Carrollton, United States | $18.32M | 228 | Payment processing services for e-commerce and mobile transactions are offered. | |
| swipesimple.com | 2013 | New York, United States | – | 21 | Mobile point-of-sale suite is provided for card payment processing. | |
| cardflight.com | 2011 | New York, United States | $7.61M | 21 | In-person credit card payments are facilitated via mobile app SDK. | |
| union-pos.com | 2009 | Austin, United States | $22M | – | PoS suites for high-volume bars are offered using iPads. | |
| apriva.com | 1999 | Phoenix, United States | $14.16M | 110 | Wireless POS systems are provided for mobile and unattended payments. | |
| bypassmobile.com | 2010 | Austin, United States | $11.36M | 71 | Cloud-based POS software is offered for multi-site merchants. |
Detailed competitors of First American Payment Systems
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Web traffic of First American Payment Systems
The website of First American Payment Systems (first-american.net) receives about 3.7K visits a month.
- Monthly visits3.7K
Websites whose visitors overlap most with First American Payment Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
prioritypaymentsystems.com | prioritypaymentsystems.com | 100% | – | – | – |
| securepaymentsystems.com | 98% | – | – | View details | |
| revolution-payments.com | 98% | 1.9K | #8,323,996 | View details | |
onlinepaysystems.info | onlinepaysystems.info | 98% | – | – | – |
integritypaymentsystems.com | integritypaymentsystems.com | 98% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for First American Payment Systems
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Latest news on First American Payment Systems
Complete news archive for First American Payment Systems
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- Brand-specific news history
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Similar companies to First American Payment Systems
10 companies that operate in the same segment as First American Payment Systems (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about First American Payment Systems
First American Payment Systems was founded in 1990 and raised its 1st funding round 12 years after it was founded.
First American Payment Systems is headquartered in Fort Worth, United States. It is registered at Fort Worth, Texas, United States.
Neil Randel is the current CEO of First American Payment Systems.
First American Payment Systems is a funded company, having raised a total of $148.27M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Oct 2002.
First American Payment Systems has 550 employees.
First American Payment Systems was founded in 1990 and is based in Fort Worth, United States. Payment processing solutions are provided, encompassing credit, debit, and EBT card handling, along with point-of-sale systems like the 1stPay tablet platform, mobile options, check services, gift cards, and loyalty programs. Operations target sectors such as restaurants, salons, and retail, while security features, analytics, and reporting tools are also included.
First American Payment Systems has 3 investors. Key investors include Deluxe corporation, Ontario Teachers' Pension Plan, and Lindsay Goldberg.
First American Payment Systems operates through First American Payment Systems Lp.
Yes. First American Payment Systems was acquired by Deluxe corporation in April 2021.