Payrix

Hollywood, United States Founded: 2015 • Age: 11 yrs Acquired By FIS
Payment facilitation platform is offered to businesses for online transactions.
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About Payrix

Payrix is a company based in Hollywood (United States) founded in 2015 was acquired by FIS in February 2022.. Payrix has raised $72 million across 2 funding rounds from investors including FIS, Blue Star Innovation Partners and PSG Equity. Payrix operates in a competitive market with competitors including Fiserv, Arcus, Volante Tech, Tilled and Verituity, among others.

  • Headquarter Hollywood, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $72 M (USD)

    in 2 rounds

  • Latest Funding Round
    $50 M (USD), Series A

    Oct 01, 2020

  • Investors
    FIS

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    FIS

    (Feb 14, 2022)

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People of Payrix
Headcount 10000+
Employee Profiles 764
Board Members and Advisors 12
Employee Profiles
People
Jehan Dastur
Sales Manager | Banking & Payments
People
Dr. Payel Banerjee
Learning Director & Global Head Of Technology Capability Development
People
Jason Awbrey
Senior Director Of Development
People
Fernando Hudson
Platform Engineer

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Funding Insights of Payrix

Payrix has successfully raised a total of $72M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in October 2020. 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
  • Total Rounds 2
  • Last Round Series A — $50.0M
  • First Round

    (18 Dec 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Series A - Payrix Valuation Blue Star Innovation Partners , PSG
Dec, 2018 Amount Series A - Payrix Valuation Blue Star Innovation Partners , PSG
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Payrix

Payrix has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include FIS, Blue Star Innovation Partners and PSG Equity. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Family office of Jones family
Founded Year Domain Location
Capital and operational support are provided to growth-stage software companies.
Founded Year Domain Location
Software suites for banks and financial institutions are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Payrix

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Payrix

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Payrix Comparisons

Employees
+
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Competitors of Payrix

Payrix 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 Fiserv, Arcus, Volante Tech, Tilled and Verituity, 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
Diversified financial solutions for business processing and management are provided.
domain founded_year HQ Location
Payment-as-a-service solutions are delivered to merchants for financial product creation.
domain founded_year HQ Location
Payment facilitation and cloud solutions are provided for financial institutions.
domain founded_year HQ Location
Payment solutions are facilitated for businesses and merchants.
domain founded_year HQ Location
Cloud-based platform connects banks, payers, and payees for digital payouts.
domain founded_year HQ Location
Payment facilitator solutions for merchants
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Payrix

Frequently Asked Questions about Payrix

When was Payrix founded?

Payrix was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Payrix located?

Payrix is headquartered in Hollywood, United States. It is registered at Hollywood, California, United States.

Is Payrix a funded company?

Payrix is a funded company, having raised a total of $72M across 2 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Dec 18, 2018.

What does Payrix do?

Payrix was founded in 2015 in Hollywood, United States, within the fintech sector. A cloud-based platform is provided for payment facilitation, enabling merchants to accept online payments through integrated APIs. Services include merchant accounts, PCI compliance, tokenization, and fraud protection. Options for payment facilitation-as-a-service or complete infrastructure are available, supporting embedded experiences on third-party sites.

Who are the top competitors of Payrix?

Payrix's top competitors include Fiserv, Arcus and Volante Tech.

Who are Payrix's investors?

Payrix has 3 investors. Key investors include FIS, Blue Star Innovation Partners, and PSG Equity.

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