About Payix
Payix is a Financial Services company based in Bedford (United States) founded in 2016 by Preston Cecil and Chris Chestnut, and was acquired by REPAY in January 2022. Payment processing solutions are provided for lenders and auto dealers. Its chief executive, as recorded, is Chris Chestnut. Payix offers products and services including Payment Acceptance, Vendor Payment Automation, Instant Funding, and Messaging Management. Its focus areas include FinTech, Payments, Business Payments and Industry Specific. Its legal entity is M & A Ventures, LLC. Its competitors include Clerkie, Valon Mortgage and Prodigal Tech; 3 of its 3 listed competitors have raised funding.
Company details
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.
Products & Services of Payix
Payix offers a comprehensive portfolio of products and services, including Payment Acceptance, Vendor Payment Automation, Instant Funding, and Messaging Management.
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.
Apps and channels of Payix
Payix publishes 2 mobile apps with over 20K+ downloads.
Investors in Payix
Payix has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include REPAY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Merchant acquiring solutions are provided for businesses to process payments. | 2006 | repay.com | Atlanta, United States |
Investor details for Payix
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People of Payix
2 people are tracked at Payix (2 in leadership).
| Name | Role | Group |
|---|---|---|
Preston Cecil | Co-Founder & COO | Leadership |
Chris Chestnut | Co-Founder & CEO | Leadership |
Complete people profiles for Payix
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Timeline of Payix
2 dated milestones of Payix across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Payix is founded.
- Exit Acquired by REPAY.
Competitors of Payix
Payix has 3 listed competitors in our database, 3 of them funded. They include Clerkie, Valon Mortgage and Prodigal Tech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clerkie.io | 2017 | San Francisco, United States | $35M | 30 | Platform for loan servicing and credit score building through debt management | |
| valon.com | 2019 | New York, United States | $187.33M | 285 | Cloud-native marketplace for mortgage loans | |
| prodigaltech.com | 2018 | Mountain View, United States | $12.15M | 22 | An AI platform for loan servicing and collections is developed. |
Detailed competitors of Payix
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Payix (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Payix
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Frequently Asked Questions about Payix
Payix was founded in 2016.
Payix is headquartered in Bedford, United States.
Chris Chestnut is the CEO of Payix, as recorded in our data. They have also founded this company.
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.
Payix's top competitors include Valon Mortgage, Prodigal Tech and Clerkie.
Payix offers Payment Acceptance, Vendor Payment Automation, Instant Funding, and Messaging Management.
Payix has 1 investor. Key investors include REPAY.
Payix operates through M & A Ventures, Llc.
Yes. Payix was acquired by REPAY in January 2022.
Yes. Payix publishes PowerPay and 1 more app, with over 20,000 downloads.