About Payix
Payix is a company based in Bedford (United States) founded in 2016 by Preston Cecil and Chris Chestnut was acquired by REPAY in January 2022.. Payix offers products and services including Payment Acceptance, Vendor Payment Automation, Instant Funding, and Messaging Management. Payix operates in a competitive market with competitors including Clerkie, InDebted, Valon Mortgage, CreditMate and Prodigal Tech, among others.
- Headquarter Bedford, United States
- Founders Preston Cecil, Chris Chestnut
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name M & A Ventures, Llc
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Products & Services of Payix
Payix offers a comprehensive portfolio of products and services, including Payment Acceptance, Vendor Payment Automation, Instant Funding, and Messaging Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for accepting payments from various channels.
Automates vendor payments to improve efficiency and accuracy.
Enables rapid fund transfers to debit cards for borrowers.
Manages borrower communications and collections securely.
Funding Insights of Payix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Payix
Payix has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include REPAY. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Merchant acquiring solutions are provided for businesses to process payments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Payix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Payix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payix Comparisons
Competitors of Payix
Payix 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 Clerkie, InDebted, Valon Mortgage, CreditMate and Prodigal Tech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform for loan servicing and credit score building through debt management
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| domain | founded_year | HQ Location |
Cloud-based debt collection solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-native marketplace for mortgage loans
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| domain | founded_year | HQ Location |
Overdue payments are collected from borrowers for multiple lenders.
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| domain | founded_year | HQ Location |
An AI platform for loan servicing and collections is developed.
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| domain | founded_year | HQ Location |
Platform offering external data insights for enterprises across the customer lifecycle
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Payix
Frequently Asked Questions about Payix
When was Payix founded?
Payix was founded in 2016.
Where is Payix located?
Payix is headquartered in Bedford, United States.
Who is the current CEO of Payix?
Chris Chestnut is the current CEO of Payix. They have also founded this company.
What does Payix do?
Payix was founded in 2016 and is headquartered in Bedford, United States. Operations focus on the financial technology sector, where payment processing solutions are delivered to lenders and auto dealers. White-label products and real-time integrations with loan management systems are offered to facilitate borrower engagement and payment collection. Borrower-facing software is utilized for communication, collection tools, and business process optimization.
Who are the top competitors of Payix?
Payix's top competitors include Valon Mortgage, InDebted and CreditMate.
What products or services does Payix offer?
Payix offers Payment Acceptance, Vendor Payment Automation, Instant Funding, and Messaging Management.
Who are Payix's investors?
Payix has 1 investor. Key investors include REPAY.
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