Primax

St. Petersburg, United States Founded: 1981 • Age: 45 yrs Acquired By PSCU
Payment processing and value-added technology are provided for financial institutions.

About Primax

Primax is a company based in St. Petersburg (United States) founded in 1981 was acquired by PSCU in July 2020. It operates as a Professional Services, Managed Services, and FinTech. Primax offers products and services including Payments Solutions, Contact Center Services, Risk Management, and Data Insights & Analytics. Primax operates in a competitive market with competitors including Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, among others.

  • Headquarter St. Petersburg, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    PSCU

    (Jul 01, 2020)

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Products & Services of Primax

Primax offers a comprehensive portfolio of products and services, including Payments Solutions, Contact Center Services, Risk Management, and Data Insights & Analytics. 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.

Primary

Solutions for traditional and digital payments are provided.

24/7 support for card and account services offered.

Cybersecurity and fraud prevention solutions are delivered effectively.

Predictive analytics and data enrichment services are provided.

People of Primax
Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Bobby Orlando
Channel Marketing Strategist
People
Jennifer Gibson
Vice President Business Solutions
People
Paula Lins
Project Manager II
People
Brian Caldarelli
Evp, Chief Financial Officer

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Funding Insights of Primax

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 Primax

Primax has secured backing from 1 investor. Prominent investors backing the company include PSCU. 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
Investor Description Founded Year Domain Location
Technology solutions are provided to credit unions for operational efficiency.
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 Primax

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 - Primax

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

Primax Comparisons

Employees
+
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Competitors of Primax

Primax 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 Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, 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
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Payment processing and treasury management solutions are offered to businesses.
domain founded_year HQ Location
Autonomous finance and payment solutions are provided to businesses.
domain founded_year HQ Location
Employee benefit administration and payment solutions are provided for enterprises.
domain founded_year HQ Location
White-label payment gateways are built for global e-commerce transactions.
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 Primax

Frequently Asked Questions about Primax

When was Primax founded?

Primax was founded in 1981.

Where is Primax located?

Primax is headquartered in St. Petersburg, United States. It is registered at St. Petersburg, Florida, United States.

Who is the current CEO of Primax?

Charles E Chuck Fagan is the current CEO of Primax.

What does Primax do?

Primax is engaged in delivering payment solutions for banks, including traditional and digital payment systems. Comprehensive risk management, cybersecurity, and fraud prevention services are offered. Data insights and predictive analytics are provided to enhance decision-making. Additionally, 247365 contact center support is extended for card and account services, ensuring seamless customer experiences. Solutions are tailored for the financial sector, focusing on growth, profitability, and customer engagement through innovative technology and personalized platforms.

Who are the top competitors of Primax?

Primax's top competitors include Flutterwave, Square and Modern Treasury.

What products or services does Primax offer?

Primax offers Payments Solutions, Contact Center Services, Risk Management, and Data Insights & Analytics.

Who are Primax's investors?

Primax has 1 investor. Key investors include PSCU.

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