About Stax Payments
Stax Payments is a company based in Orlando (United States) founded in 2014 by Jacques Fu was acquired by Greater Sum Ventures in December 2020. Stax Payments has raised $264 million across 7 funding rounds from investors including HarbourVest Partners, Blue Star Innovation Partners and Fulcrum Equity Partners. Stax Payments has completed 3 acquisitions, including APPS, BlockChyp and Cardx. Stax Payments offers products and services including Stax Pay, Stax Connect, Stax Bill, and CardX by Stax. Stax Payments operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter Orlando, United States
- Founders Jacques Fu
- Stage Unicorn
- SectorsFinancial Services
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website staxpayments.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Greater Sum Ventures (Dec 2020)
- Legal Name Stax Payments, Inc.
- Total Equity Funding$264M (USD)
in 7 rounds
- Latest Funding Round$245M (USD), Series D
Mar 2022
- InvestorsHarbourVest Partners
& 8 more
- Investments & AcquisitionsAPPS
& 2 more
- Acquired byGreater Sum Ventures
(Dec 2020)
Products & Services of Stax Payments
Stax Payments offers a comprehensive portfolio of products and services, including Stax Pay, Stax Connect, Stax Bill, and CardX by Stax.
Platform for simple and transparent payment processing.
Solution for integrating payments into software platforms.
Automated system for subscription billing and payments.
Program for compliant credit card fee surcharging.
Apps and channels of Stax Payments
its YouTube channel Stax Payments has 453 subscribers and 30 videos.
Videos from Stax Payments
The most watched videos on Stax Payments's YouTube channel, Stax Payments (453 subscribers). Click a video to play it here.
More on Stax Payments.
Funding Insights of Stax Payments
Stax Payments has successfully raised a total of $264M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $245 million completed in March 2022. 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 $264M
- Total Rounds 7
- Last Round Series D — $245M
- First Round $25,000
(Mar 2015)
- Investors Count 8
All 7 funding rounds of Stax Payments 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 |
|---|---|---|---|---|---|
| Mar 2022 | $245M | Series D | $1B | – | |
| Jul 2018 | $10.5M | Series C | – | Fulcrum Equity Partners | – |
| Oct 2017 | $5.5M | Series B | – | – | |
| May 2016 | $1.4M | Series A | – | Wet Paint Ventures, Florida Angel Nexus | – |
| Sep 2015 | $850,000 | Seed | – | venVelo, Florida Opportunity Fund | – |
| Jun 2015 | $750,000 | Seed | – | – | |
| Mar 2015 | $25,000 | Grant | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $1B | •••••••• |
Last known valuation $1B (Mar 2022). 9 investors in total: 9 institutional.
Investors in Stax Payments
Stax Payments has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include HarbourVest Partners, Blue Star Innovation Partners and Fulcrum Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private market investment solutions are offered to institutional clients. | 1982 | harbourvest.com | Boston, United States | |
Family office of Jones family | – | bluestarinnovationpartners.com | Frisco, United States | |
Private equity investments are managed across the United States. | – | fulcrumep.com | Atlanta, United States | |
Seed-stage investments are targeted by Wet Paint Ventures VC fund. | – | wetpaintventures.com | New York, United States | |
Angel Network for Florida based companies | – | floridaangelnexus.co | Orlando, United States | |
Early stage tech & life sciences focused VC firm investing in the US | – | venvelo.com | Orlando, United States | |
Fund-of-funds and VC investor funding companies in the US | – | floridaopportunityfund.com | Coral Gables, United States | |
Venture capital firm investing in multiple sectors | – | deepworkcapital.com | Orlando, United States | |
Growth equity and operational support are provided by Greater Sum Ventures to technology companies. | 2016 | greatersumventures.com | Knoxville, United States |
Investor details for Stax Payments
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Stax Payments
107 people are tracked at Stax Payments (51 in leadership, 56 in team).
| Name | Role | Group |
|---|---|---|
Jacques Fu | Co-Founder | Leadership |
L Briley Brisendine | CEO | Leadership |
Paulette Rowe | CEO | Leadership |
John Kristel | Chairman | Leadership |
Doug Black | Chairman | Leadership |
Ross Croley | Chairman | Leadership |
Trent Gilbert | ISV Partner Underwriting | Leadership |
Avery Vivian | Senior Director Of Change Management | Leadership |
Meiken Castillo | Vp, Payments Strategy- Pe/vc/ib | Leadership |
Lyndsey Lang | Co-founder, Chief Strategy Officer (cso) | Leadership |
Scott Ender | Senior Vice President, Sales Revenue & Operations | Leadership |
Ray Lau® | VP Of Marketing | Leadership |
Bianca S. | Director Of User Experience | Leadership |
Laura Caterino | Senior Director Of Underwriting | Leadership |
Anna-Sophia Wilson | Commercialization Strategy Director | Leadership |
Alyssa Mendez | Senior Director, Program Management | Leadership |
Victoria Stasiewicz | Vice President Data Engineering | Leadership |
Elizabeth Connett | Director Of Brand Marketing | Leadership |
Connor Doyle | Director, Business Development | Leadership |
Garrek Harris | Director Of Platform Management | Leadership |
87 more people are available in the full profile.
Complete people profiles for Stax Payments
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Stax Payments
Stax Payments has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include APPS, BlockChyp and Cardx.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
SaaS-based payment processing solutions are provided for businesses and merchants. | blockchyp.com | Kennewick, United States | 2018 | Oct 2024 | •••• | |
End-to-end payment processing is facilitated through APIs for merchant partners. | approcessing.com | Fountain Valley, United States | 2004 | Oct 2023 | •••• | |
PoS suite solution for merchants | cardx.com | Chicago, United States | 2013 | Nov 2021 | •••• |
Complete acquisition details for Stax Payments
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Stax Payments
8 dated milestones of Stax Payments across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Stax Payments is founded.
- Funding First funding round of $25K.
- Exit Acquired by Greater Sum Ventures.
- Acquisition Acquires Cardx.
- Funding Latest funding round, Series D, of $245.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires APPS.
- Acquisition Acquires BlockChyp.
Competitors of Stax Payments
Stax Payments 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 Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
| 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 | $319.41M | – | Provider of payment processing solutions for businesses | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| nuvei.com | 2003 | Montreal, Canada | $321.71M | – | Payment processing solutions are delivered to merchants and businesses. | |
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. | |
| jackhenry.com | 1976 | Monett, United States | – | 7,120 | Banking and payments solutions are provided through a dedicated platform. |
Detailed competitors of Stax Payments
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Stax Payments
The website of Stax Payments (staxpayments.com) receives about 389.6K visits a month and ranks #97,824 among all websites worldwide, #6,109 in Accounting and Auditing.
- Monthly visits389.6K
▲ 3.5% vs previous month
- Unique visitors110.9K
per month
- Global rank#97,824
among all websites
- Category rank#6,109
Finance · Accounting and Auditing
- Bounce rate32%
- Pages per visit6.3
- Average visit6 min 12 sec
- DevicesDesktop 67% · Mobile 33%
Websites whose visitors overlap most with Stax Payments. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eisneramper.com | 100% | 119.4K | #338,459 | View details | |
| emscorporate.com | 100% | 1.9K | #1,882,574 | View details | |
getfocal.ai | getfocal.ai | 100% | – | #875,007 | – |
| chase.com | 88% | 198.6M | #125 | View details | |
| americanexpress.com | 83% | 107.4M | #276 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Stax Payments
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Stax Payments
Complete news archive for Stax Payments
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Stax Payments
10 companies that operate in the same segment as Stax Payments (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Stax Payments
Stax Payments was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Stax Payments is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
L Briley Brisendine is the current CEO of Stax Payments.
Stax Payments is a funded company, having raised a total of $264M across 7 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Mar 2015.
Stax was founded in 2014 and is headquartered in Orlando, United States. All-in-one payment processing solutions are delivered to small and large enterprises within the financial technology sector. Services encompass bill management, invoicing, Stax Connect integration, Stax Pay functionality, and contactless payment options. Operations emphasize streamlined payment handling across various business scales in the domestic market.
Stax Payments's top competitors include Stripe, PayU and Flutterwave.
Stax Payments offers Stax Pay, Stax Connect, Stax Bill, and CardX by Stax.
Stax Payments has 9 investors. Key investors include HarbourVest Partners, Blue Star Innovation Partners, Fulcrum Equity Partners, Wet Paint Ventures, and Florida Angel Nexus.
The valuation of Stax Payments is $1B as of Mar 2022.
Stax Payments operates through Stax Payments, Inc..
Yes. Stax Payments was acquired by Greater Sum Ventures in December 2020.