About P97
P97 is a Financial Services company based in Houston (United States) founded in 2012, and was acquired by PDI Technologies in April 2025. Cloud-based white-label wallets are offered for multiple sectors. P97 has raised $84.71 million across 7 funding rounds from investors including Corpay, Accenture and Wells Fargo. P97 offers products and services including P97 Mobile Commerce One, P97 Payments One, P97 Retail One, P97 Energy One, and P97 Fleet 360. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is P97 Networks, LLC. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
P97 was founded in 2012 in Houston, United States, focusing on the fintech sector. Cloud-based and white-label wallet solutions are provided to support payments through credit or debit cards, bank transfers, and other methods. Operations extend to mobile commerce, digital marketing, and consumer engagement across industries including convenience retail, utilities, energy, and hospitality. The platform is designed for integration in various business environments.
- Headquarters Houston, United States
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website p97.com
- Social LinkedIn X YouTube
- Acquired by PDI Technologies (Apr 2025)
- Legal Name P97 Networks, Llc
- Total Equity Funding$84.71M (USD)
in 7 rounds
- Latest Funding Round$10M (USD), Debt – Conventional
Apr 2024
- InvestorsCorpay
& 7 more
- Acquired byPDI Technologies
(Apr 2025)
Products & Services of P97
P97 offers a comprehensive portfolio of products and services, including P97 Mobile Commerce One, P97 Payments One, P97 Retail One, P97 Energy One, and P97 Fleet 360.
Provides integrated services for mobile payments and customer engagement.
Enables flexible payment methods with fraud detection and digital offers.
Manages digital offers and loyalty programs for retail marketing.
Offers EV payment and integration with convenience store apps.
Supports fleet fueling and fraud reduction through digital solutions.
Apps and channels of P97
its YouTube channel P97 Networks, Inc. has 71 subscribers and 1 videos.
Videos from P97
The most watched videos on P97's YouTube channel, P97 Networks, Inc. (71 subscribers). Click a video to play it here.
More on P97 Networks, Inc..
Funding Insights of P97
P97 has successfully raised a total of $84.71M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in April 2024. 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 $84.71M
- Total Rounds 7
- Last Round Debt – Conventional — $10M
- First Round $9.05M
(Dec 2014)
- Investors Count 7
All 7 funding rounds of P97 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 |
|---|---|---|---|---|---|
| Apr 2024 | $10M | Debt – Conventional | – | – | |
| Mar 2023 | $40.66M | Series C | – | Portage | – |
| Jan 2022 | $40M | Debt – Venture | – | – | |
| Aug 2021 | $900,000 | Debt – Conventional | – | – | – |
| Feb 2019 | $20M | Series B | – | Accenture | – |
| Apr 2018 | $14.99M | Series A | – | Corporate Payroll Services | – |
| Dec 2014 | $9.05M | Series A | – | Emerald Technology Ventures |
8 investors in total: 8 institutional.
Investors in P97
P97 has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Corpay, Accenture and Wells Fargo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A global fintech and financial services investment platform is operated. | 2016 | portageinvest.com | Montreal, Canada | |
Peak Rock Capital is focused on middle-market private investments. | peakrockcapital.com | Austin, United States | ||
Sustainable industrial innovation is supported through venture capital investments. | emerald.vc | Zurich, Switzerland | ||
IT and management consultancy services are provided globally. | 1989 | accenture.com | Dublin, Ireland | |
Software solutions for payment automation and expense management are provided. | 2000 | corpay.com | Atlanta, United States | |
| atapco.com | ||||
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
Analytics software solutions are provided to brands and retailers. | 1983 | pditechnologies.com | Alpharetta, United States |
Investor details for P97
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of P97
9 people are tracked at P97 (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Trang Flores | VP, Operations | Leadership |
Bryan Olivier | Chief Operating Officer | Leadership |
Brad Jones | Managing Director, Asia Pacific | Leadership |
Kevin McReynolds | Vice President, Customer Solutions | Leadership |
Scott Foxworth | Vice President, IT & Security | Leadership |
Ken Koh | Director - Professional Services | Leadership |
Arlynn Ruiz | Product Delivery Manager - APAC | Team |
Moiz Mulani | Digital Marketing And Communications Manager | Team |
Lee Cashion | Information Technology Security Manager | Team |
Complete people profiles for P97
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of P97
4 dated milestones of P97 across 13 years, from founding to its latest funding, stage changes and deals.
- Founded P97 is founded.
- Funding First funding round of $9.1M.
- Funding Latest funding round, Debt – Conventional, of $10.0M.
- Exit Acquired by PDI Technologies.
Competitors of P97
P97 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 P97
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of P97
The website of P97 (p97.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 45.2% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as P97 (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about P97
Complete news archive for P97
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Frequently Asked Questions about P97
P97 was founded in 2012 and raised its 1st funding round 2 years after it was founded.
P97 is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
P97 is a funded company, having raised a total of $84.71M across 7 funding rounds to date. The company's 1st funding round was a Series A of $9.05M, raised on Dec 2014.
P97 was founded in 2012 in Houston, United States, focusing on the fintech sector. Cloud-based and white-label wallet solutions are provided to support payments through credit or debit cards, bank transfers, and other methods. Operations extend to mobile commerce, digital marketing, and consumer engagement across industries including convenience retail, utilities, energy, and hospitality. The platform is designed for integration in various business environments.
P97's top competitors include Stripe, Flutterwave and PayPal.
P97 offers P97 Mobile Commerce One, P97 Payments One, P97 Retail One, P97 Energy One, and P97 Fleet 360.
P97 has 8 investors. Key investors include Corpay, Accenture, Wells Fargo, PDI Technologies, and Portage.
P97 operates through P97 Networks, Llc.
Yes. P97 was acquired by PDI Technologies in April 2025.