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Allied Payment Network

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uuid00027im

Namestring
Allied Payment Network
Legal namestring
Allied Payment Network
Company typeenum
Private
Founded yearint
2010
Descriptiontext

Allied Payment Network was a Fort Wayne, Indiana-based fintech company founded in 2010 that built business bill pay technology for financial institutions and their small and medium-sized business (SMB) clients. The company operated as a B2B payment network distributed through financial institution partnerships, embedding bill pay functionality directly inside partner FIs' digital banking experiences rather than selling directly to end businesses. Its core product enabled SMBs to manage vendor payments and accounts payable workflows within the banking relationship, with the value proposition centered on simplifying business payment processing for SMBs while giving partner institutions a stickier digital engagement surface.

Allied raised approximately $8.7 million in equity across nine disclosed funding rounds between 2011 and 2024, with key backers including Plymouth Growth and RF Investment Partners. The company operated with a headcount of 51–100 employees and maintained a leadership team spanning product, security, and finance (CTO Leo D'Angelo, CISO James Dixon, SVP Finance David French), under Chairman Ralph E. Marcuccilli and President Kelli Schultz. Pricing and revenue mechanics were not publicly disclosed, but the model is consistent with FI-channel fintechs — per-transaction or SaaS fees from partner institutions.

In 2025, Allied was acquired by Autobooks, an embedded small business financial management platform, in a deal supported by a $40 million senior secured loan from Runway Growth Capital to Autobooks. Post-acquisition, Allied's business bill pay capability was integrated into the Autobooks platform, creating an all-in-one solution spanning receivables, payables, accounting, cash flow, and lending, delivered inside the digital banking experiences of Autobooks' partner financial institutions (which include integrations with Jack Henry, FIS, Q2, Alkami, Bottomline, CSI, and Candescent). Following the acquisition, Allied operates as a subsidiary of Autobooks with no reported service interruptions to existing customers.

Short descriptiontext

Allied Payment Network is a fintech that provides business bill pay technology to financial institutions, enabling SMBs to manage vendor payments inside their bank's digital platform. Founded in 2010 and headquartered in Fort Wayne, Indiana, it was acquired by Autobooks in 2025.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersFort Wayne, United States
HQ citystring
Fort Wayne
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
business bill pay, payment processing software, digital banking payments, SMB fintech solutions, financial institution payments
Industry3 codes
1Biller Direct EBPP Platforms
CodeFSAMAJAAPrimaryYes
2Bill Pay, Invoicing & Payables Platforms
CodeBPAMAFAFPrimaryNo
3Embedded Payments (Pay-ins, Pay-outs, Wallets)
CodeFSAGALABPrimaryNo
Product category
Payment Processing Software
Cost components5 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Allied Payment Network provided a business bill pay platform designed for financial institutions to offer integrated payments, cash flow tools, and accounting features to small and medium-sized business clients. The company's bill pay technology was embedded directly into partner digital banking experiences, enabling SMBs to manage receivables, payables, and cash flow without leaving their bank's interface.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Business Bill Pay
CategoryPayment Processing Software
Description

A business bill pay platform that enables financial institutions to deliver integrated receivables, payables, accounting, and cash flow management to their small and medium-sized business clients directly within the institution's digital banking experience. The solution eliminates the need for SMBs to use separate third-party apps for vendor payments and financial management.

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-05-06
Description

Autobooks acquired Allied Payment Network to expand its small business payment capabilities. The acquisition enables financial institutions to offer integrated payments, cash flow tools, and accounting features to SMB clients. Allied's business bill pay functionality was integrated into the Autobooks platform to deliver a complete solution for small business financial management.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Melio provides SMB bill pay and accounts payable automation, including through bank and accounting platform integrations. It is a direct peer in the SMB digital bill pay category that Allied serves.

TypeDirect peer
Description

Bill.com is a leading SMB bill pay and accounts payable platform serving both SMBs and financial institutions through embedded partnerships. It is the most direct functional competitor to Allied's business bill pay capability, with a significantly larger scale and brand presence.

TypeBroad incumbent
Description

FIS is a large global financial technology provider with digital banking, payments, and SMB banking offerings. As an Autobooks integration partner and a provider of competing embedded banking services, it overlaps with the FI customer segment Allied addresses.

TypeBroad incumbent
Description

Jack Henry is a major core and digital banking provider to community banks and credit unions and an Autobooks partner. While not a bill pay specialist, it offers overlapping SMB banking and payments capabilities to the same FI customer base that Allied serves.

TypeBroad incumbent
Description

Alkami is a cloud-based digital banking and data platform for US banks and credit unions, and an Autobooks partner. It serves the same FI channel as Allied and increasingly offers embedded fintech capabilities that include payments and SMB tools.

TypeBroad incumbent
Description

Q2 is a digital banking platform serving community and regional banks and credit unions, and an Autobooks integration partner. It provides broader SMB and retail banking experiences that intersect with the FI channel in which Allied distributes bill pay.

TypeEmerging player
Description

Plaid provides financial data connectivity and payment initiation infrastructure used by fintechs and financial institutions. It is thematically comparable as a fintech infrastructure layer that supports bill pay, account verification, and embedded finance workflows similar to those Allied enables.

TypeDirect peer
Description

Bottomline provides business payments, bill pay, and cash management solutions to financial institutions and corporates. It is a directly comparable peer in the FI-channel bill pay and payables infrastructure category, and is also an Autobooks integration partner.

TypeEmerging player
Description

Dwolla is a payment infrastructure provider focused on ACH and bank-to-bank transfers, often used by fintechs to build bill pay and disbursement products. It is comparable to Allied as enabling infrastructure for digital payments in the FI channel.

TypeDirect peer
Description

Autobooks is the parent company of Allied Payment Network following the 2025 acquisition. It offers invoicing, payments, accounting, and capital to SMBs inside digital banking, and is the most direct comparable since Allied's bill pay capability is now delivered as part of the Autobooks platform.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds11 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Allied Payment Network

Payment Processing Softwarealliedpayment.com

Allied Payment Network is a fintech that provides business bill pay technology to financial institutions, enabling SMBs to manage vendor payments inside their bank's digital platform. Founded in 2010 and headquartered in Fort Wayne, Indiana, it was acquired by Autobooks in 2025.

What Allied Payment Network does

Allied Payment Network was a Fort Wayne, Indiana-based fintech company founded in 2010 that built business bill pay technology for financial institutions and their small and medium-sized business (SMB) clients. The company operated as a B2B payment network distributed through financial institution partnerships, embedding bill pay functionality directly inside partner FIs' digital banking experiences rather than selling directly to end businesses. Its core product enabled SMBs to manage vendor payments and accounts payable workflows within the banking relationship, with the value proposition centered on simplifying business payment processing for SMBs while giving partner institutions a stickier digital engagement surface.

Allied raised approximately $8.7 million in equity across nine disclosed funding rounds between 2011 and 2024, with key backers including Plymouth Growth and RF Investment Partners. The company operated with a headcount of 51–100 employees and maintained a leadership team spanning product, security, and finance (CTO Leo D'Angelo, CISO James Dixon, SVP Finance David French), under Chairman Ralph E. Marcuccilli and President Kelli Schultz. Pricing and revenue mechanics were not publicly disclosed, but the model is consistent with FI-channel fintechs — per-transaction or SaaS fees from partner institutions.

In 2025, Allied was acquired by Autobooks, an embedded small business financial management platform, in a deal supported by a $40 million senior secured loan from Runway Growth Capital to Autobooks. Post-acquisition, Allied's business bill pay capability was integrated into the Autobooks platform, creating an all-in-one solution spanning receivables, payables, accounting, cash flow, and lending, delivered inside the digital banking experiences of Autobooks' partner financial institutions (which include integrations with Jack Henry, FIS, Q2, Alkami, Bottomline, CSI, and Candescent). Following the acquisition, Allied operates as a subsidiary of Autobooks with no reported service interruptions to existing customers.

Allied Payment Network firmographics

Firmographics
Name
Allied Payment Network
Legal name
Allied Payment Network
Website
https://alliedpayment.com
Company type
Private
Founded year
2010
Operating status
Acquired
Headcount range
51–100 employees
Short description
Allied Payment Network is a fintech that provides business bill pay technology to financial institutions, enabling SMBs to manage vendor payments inside their bank's digital platform. Founded in 2010 and headquartered in Fort Wayne, Indiana, it was acquired by Autobooks in 2025.
Ownership category
akta.pro rank

Allied Payment Network industry classification

Industry
Product category
Payment Processing Software
akta.pro primary industry
Biller Direct EBPP Platforms (FSAMAJAA)
akta.pro secondary industries
Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

  • Business bill pay
  • Payment processing software
  • Digital banking payments
  • SMB fintech solutions
  • Financial institution payments

Where Allied Payment Network is headquartered

Location

Headquarters

HQ city
Fort Wayne
HQ country
United States
HQ region
North America

Markets served

Allied Payment Network business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Allied Payment Network product offering

Product offering

Core offering

Allied Payment Network provided a business bill pay platform designed for financial institutions to offer integrated payments, cash flow tools, and accounting features to small and medium-sized business clients. The company's bill pay technology was embedded directly into partner digital banking experiences, enabling SMBs to manage receivables, payables, and cash flow without leaving their bank's interface.

Differentiator

Problem solved

Functional benefit

Products and services

  • Business Bill Pay A business bill pay platform that enables financial institutions to deliver integrated receivables, payables, accounting, and cash flow management to their small and medium-sized business clients directly within the institution's digital banking experience. The solution eliminates the need for SMBs to use separate third-party apps for vendor payments and financial management.

Companies that use Allied Payment Network

Customer profile

Ideal customer profiles1 record

Allied Payment Network technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Allied Payment Network partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • AutobookscoreStrategic or Co-development Partner · 6 May 2025Autobooks acquired Allied Payment Network to expand its small business payment capabilities. The acquisition enables financial institutions to offer integrated payments, cash flow tools, and accounting features to SMB clients. Allied's business bill pay functionality was integrated into the Autobooks platform to deliver a complete solution for small business financial management.

Recent moves5 records

Expansion highlights3 records

Allied Payment Network competitors and assessment

Company assessment

Direct peers

  • Melio: Melio provides SMB bill pay and accounts payable automation, including through bank and accounting platform integrations. It is a direct peer in the SMB digital bill pay category that Allied serves.
  • Bill.com: Bill.com is a leading SMB bill pay and accounts payable platform serving both SMBs and financial institutions through embedded partnerships. It is the most direct functional competitor to Allied's business bill pay capability, with a significantly larger scale and brand presence.
  • Bottomline Technologies: Bottomline provides business payments, bill pay, and cash management solutions to financial institutions and corporates. It is a directly comparable peer in the FI-channel bill pay and payables infrastructure category, and is also an Autobooks integration partner.
  • Autobooks: Autobooks is the parent company of Allied Payment Network following the 2025 acquisition. It offers invoicing, payments, accounting, and capital to SMBs inside digital banking, and is the most direct comparable since Allied's bill pay capability is now delivered as part of the Autobooks platform.

Broad incumbents

  • FIS: FIS is a large global financial technology provider with digital banking, payments, and SMB banking offerings. As an Autobooks integration partner and a provider of competing embedded banking services, it overlaps with the FI customer segment Allied addresses.
  • Jack Henry & Associates: Jack Henry is a major core and digital banking provider to community banks and credit unions and an Autobooks partner. While not a bill pay specialist, it offers overlapping SMB banking and payments capabilities to the same FI customer base that Allied serves.
  • Alkami Technology: Alkami is a cloud-based digital banking and data platform for US banks and credit unions, and an Autobooks partner. It serves the same FI channel as Allied and increasingly offers embedded fintech capabilities that include payments and SMB tools.
  • Q2 (now part of Alkami): Q2 is a digital banking platform serving community and regional banks and credit unions, and an Autobooks integration partner. It provides broader SMB and retail banking experiences that intersect with the FI channel in which Allied distributes bill pay.

Emerging players

  • Plaid: Plaid provides financial data connectivity and payment initiation infrastructure used by fintechs and financial institutions. It is thematically comparable as a fintech infrastructure layer that supports bill pay, account verification, and embedded finance workflows similar to those Allied enables.
  • Dwolla: Dwolla is a payment infrastructure provider focused on ACH and bank-to-bank transfers, often used by fintechs to build bill pay and disbursement products. It is comparable to Allied as enabling infrastructure for digital payments in the FI channel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Allied Payment Network social profiles

Digital presence

Allied Payment Network financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Allied Payment Network leadership team

Management profile

Number of profiles

Profiles6 records

Allied Payment Network funding detail

Funding detail

Funding overview

Funding rounds11 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Allied Payment Network M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allied Payment Network

What does Allied Payment Network do?

Allied Payment Network provided a business bill pay platform designed for financial institutions to offer integrated payments, cash flow tools, and accounting features to small and medium-sized business clients. The company's bill pay technology was embedded directly into partner digital banking experiences, enabling SMBs to manage receivables, payables, and cash flow without leaving their bank's interface.

Is Allied Payment Network a public or private company?

Allied Payment Network is a private company. It is classified as corporate owned and is currently acquired.

When was Allied Payment Network founded?

Allied Payment Network was founded in 2010. It employs 51 to 100 people.

Where is Allied Payment Network based?

Allied Payment Network is headquartered in Fort Wayne, United States, in the North America region.

Who are Allied Payment Network's main competitors?

Direct peers on record are Melio, Bill.com, Bottomline Technologies and Autobooks. Broad incumbents are FIS, Jack Henry & Associates, Alkami Technology and Q2 (now part of Alkami). Emerging players are Plaid and Dwolla.

Does Allied Payment Network have an API?

No public API is recorded for Allied Payment Network.

What industry is Allied Payment Network in?

Allied Payment Network's product category is Payment Processing Software. Its primary akta.pro industry code is FSAMAJAA, Biller Direct EBPP Platforms, with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms.

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Live signals
PR NewswireRunway Growth Capital Announces $40 Million Investment in Autobooks to Accelerate Strategic Growth, Including Its Acquisition of Allied Payment NetworkRunway Growth Capital announced a $40 million senior secured term loan to Autobooks, a financial technology company. The funding supports Autobooks' expansion and its acquisition of Allied Payment Network, which adds bill payment and disbursement capabilities. The deal aims to strengthen Autobooks' embedded finance offerings for small businesses.GlobalfintechseriesAutobooks Acquires Allied Payment Network to Deliver an All-in-One Small Business Solution for Receivables, Payables, and AccountingAutobooks, a provider of receivables, accounting, and cash flow management tools for digital banking, has acquired Allied Payment Network, a provider of business and consumer bill pay solutions, for an undisclosed amount. The acquisition combines both companies' capabilities into a unified small business finance platform covering invoicing, payment acceptance, vendor payments, accounting, and working capital within a single digital banking experience. Financial institutions can now offer small business customers a comprehensive money movement solution without leaving their online or mobile banking environment.PYMNTS.comAutobooks Buys Allied Payment Network for Small Biz OfferingsAutobooks acquired Allied Payment Network on May 6 to add business bill pay capabilities to its platform. The deal integrates Allied's bill pay infrastructure with Autobooks' receivables and accounting tools, enabling financial institutions to offer small businesses a combined solution. The acquisition aims to help institutions compete by providing small businesses with tools for payments, vendor payments, and working capital.PR NewswireFinance Expert David French Joins Allied Payment Network as SVP of FinanceAllied Payment Network announced the appointment of David French as Senior Vice President of Finance, effective March 2023. French brings over 30 years of financial, operational, and administrative experience, most recently serving six years as VP of Finance at Payrailz, where he oversaw the creation of CU Railz and the acquisition of Payrailz by Jack Henry. The company stated the appointment positions it for long-term success and growth.PR NewswireAllied Payment Network Adds Fintech Veteran Mark Forbis to Board of DirectorsAllied Payment Network announced the appointment of fintech veteran Mark Forbis to its Board of Directors at the CUNA GAC conference in Washington, D.C. Forbis spent 31 years at Jack Henry & Associates, serving as Executive Vice President and Chief Technology Officer for 14 years before retiring in 2019. The company stated Forbis will help advance Allied's goal of delivering innovative real-time payment capabilities to community financial institutions.PR NewswireAllied Payment Network Adds Kathi Klawitter to Leadership Team as Chief Operating OfficerAllied Payment Network appointed Kathi Klawitter as its new Chief Operating Officer, reporting to CEO Geoff Knapp, to oversee operations and support the company's growing demand and market share. Klawitter brings over 20 years of payments and fintech experience, having previously held senior leadership roles at Fiserv, Security Card Services, and Susquehanna Bank. In this role, she will lead operating strategies focused on new business development, client retention, product development, and performance optimization.PR NewswireAllied Payment Network Names Geoff Knapp Chief Executive OfficerAllied Payment Network announced the promotion of Geoff Knapp to Chief Executive Officer, succeeding founder Ralph Marcuccilli who will assume the role of Chairman of the Board. Knapp previously served as Chief Growth Officer since November 2020 and brings over 20 years of fintech leadership experience, including roles at 2checkout and CheckFree. Under Marcuuccilli's leadership, the company grew from seven employees to nearly 50 and expanded its client base to nearly 500 community financial institutions representing over $310 billion in assets.PR NewswireAllied Payment Network Expands Sales Team to Support New Market Expansion, Growing Client BaseAllied Payment Network announced three strategic additions to its sales team, appointing Mike Meier as SVP of Sales for the Mid South Region, Roy Stewart for the West Region, and Andrew Witherbee for the Northeast Region. The new hires bring a combined 84+ years of experience in banking, fintech, and financial services technology from companies including Fiserv, FIS, Bank of America, and Infosys. CEO Ralph Marcuccilli stated the hires are designed to support the company's emergence as a leading payments provider and to help financial institution clients strengthen their market positions with real-time money movement solutions.PR NewswireAllied Payment Network Named One of the Best Places to Work for Third Consecutive YearAllied Payment Network has been named one of the 2022 Best Places to Work in Financial Technology for the third consecutive year. The award, administered by Arizent and Best Companies Group, recognizes employers with generous policies and positive cultures within the fintech sector.PR NewswireAllied Payment Network Partners with Bankjoy to Offer Superior Digital Payment ToolsAllied Payment Network has partnered with Bankjoy to integrate Allied's digital money movement products into Bankjoy's online and mobile banking platform for credit unions. This collaboration aims to help community financial institutions compete against alternative payment sources by offering seamless access to tools such as FlexPay, P2P payments, and real-time digital payments.