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Exactuals

Full company profile

uuid0002b4s

Namestring
Exactuals
Legal namestring
Exactuals
Websiteurl
exactuals.com
Company typeenum
Private
Founded yearint
2011
Descriptiontext

Exactuals is a SaaS payments technology company that operates the Payment Hub® platform, specializing in high-volume, data-rich payment disbursements for the entertainment, sports, and healthcare industries. Founded in 2011 and headquartered in Los Angeles, the company focuses on automating complex payment workflows for royalties and residuals (music, film, TV, publishing), Name-Image-Likeness (NIL) payments for athletes and coaches, and bulk healthcare disbursements. Its core technology emphasizes automation of paper-based processes, real-time payment visibility, PII protection through off-system identity verification, and scalable infrastructure that adapts to growing payee lists.

The company is a wholly-owned subsidiary of City National Bank, which is itself owned by Royal Bank of Canada (RBC). This parent-subsidiary structure means Exactuals' go-to-market is executed exclusively through City National Bank's corporate and commercial banking channels, leveraging the bank's relationship managers and enterprise sales force. Revenue is generated via transaction fees on processed payments. The company's customers are enterprise organizations—including music industry organizations, athletic departments and NIL collectives, and healthcare insurers, providers, and administrators—that require organized, compliant systems for high-volume recurring payouts.

Exactuals has raised approximately $20.6M across two 2017 funding rounds led by City National Bank, Entertainment Partners, and TTV Capital, prior to its full acquisition by City National Bank. The company operates with 11-50 employees and has no publicly disclosed pricing, revenue figures, or AI/ML capabilities documented in available sources.

Short descriptiontext

Exactuals is a SaaS payments company operating the Payment Hub® platform, automating high-volume royalty, sports NIL, and healthcare disbursements for enterprise clients via its parent City National Bank (owned by RBC).

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLos Angeles, United States
HQ citystring
Los Angeles
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
royalty payment processing, residual payment software, NIL payment platform, healthcare disbursement solutions, entertainment royalty management
Industry3 codes
1Payouts & Disbursements (Withdrawals, RTP, Mass Payouts)
CodeMPAEALAGPrimaryYes
2Sync Royalty Administration & Reporting (Cue Sheets, Claims, Audits)
CodeMPAIALALPrimaryNo
3Instant Payment Scheme Connectivity & Processing (e.g., FedNow, SEPA Instant, Faster Payments)
CodeFSAMAHADPrimaryNo
NAICS code2 codes
  • Financial Transactions Processing, Reserve, and Clearinghouse Activities52232
  • Financial Transactions Processing, Reserve, and Clearinghouse Activities522320
SIC code1 code
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Payment Disbursement SaaS
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Payment Processing Services
TypeTransaction Fee
Description

Revenue generated through payment processing and disbursement services for organizations managing high-volume payments, particularly in entertainment royalties, sports NIL payments, and healthcare disbursements

cnb.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Exactuals provides Payment Hub®, a SaaS payment management platform that automates high-volume, data-rich disbursements for organizations in entertainment royalties, sports NIL collectives, and healthcare payouts. The platform replaces manual and paper-based payment workflows with automated processing, real-time tracking, and built-in identity verification that keeps sensitive PII out of client systems. Distribution is handled exclusively through City National Bank's enterprise banking channel under RBC ownership.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Exactuals offers a single unified product called Payment Hub by Exactuals®, which is a payment management platform designed for organizations that rely on accurate, data-rich, high-volume payments. The platform serves industries including Entertainment (for royalty and residual payments), Sports (for NIL collectives and athletic payments), and Healthcare (for insurers and provider disbursements). The product focuses on automation, real-time visibility, and security for payment processing.

Product and service1 record
1Payment Hub® by Exactuals
CategoryPayment Disbursement SaaS
Description

Payment Hub® by Exactuals is a payment management SaaS platform that simplifies complex payment workflows, enabling organizations to manage high-volume, accurate, data-rich payments at scale with automation for reduced manual administrative work. It serves entertainment (royalty/residual), sports (NIL and athletic staff), and healthcare (insurer/provider bulk disbursements) customers, providing real-time payment tracking, built-in identity verification, and PII protection that keeps sensitive data out of client internal systems.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

Exactuals operates as a wholly-owned subsidiary of City National Bank, with its Payment Hub product distributed through City National Bank's corporate banking channels. The relationship provides Exactuals access to City National's enterprise client base in entertainment, sports, and healthcare sectors.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Tipalti provides mass payouts, global payment automation, and AP workflow solutions for high-volume, data-rich disbursements across verticals — directly comparable to Exactuals' core Payment Hub use case, though with a broader mid-market and enterprise customer base.

TypeDirect peer
Description

Modern Treasury operates payment operations infrastructure for moving money at scale, including payouts and disbursements APIs. Comparable in targeting enterprise clients with complex, high-volume payment workflows, though positioned more as infrastructure than vertical-specialized software.

TypeDirect peer
Description

Hyperwallet, now part of PayPal, is a mass payouts platform serving marketplaces, gig economy, and royalty-adjacent verticals. Directly comparable as a high-volume disbursement platform, with the added backdrop of a global incumbent owner.

TypeDirect peer
Description

Trolley provides mass payouts to payees globally with tax form handling and compliance features, serving marketplaces and creator platforms. Comparable to Exactuals in handling data-rich, recurring payouts to large payee populations.

TypeBroad incumbent
Description

Bill.com is a broader AP/AR and B2B payments platform used by SMB and mid-market customers. Comparable in automating complex payment workflows, though it focuses on accounts payable rather than specialized high-volume payouts to large payee bases.

TypeDirect peer
Description

Dwolla provides account-to-account payment infrastructure and disbursement APIs for platforms. Comparable in offering high-volume payout automation APIs to enterprise clients, with overlap in disbursement use cases.

TypeDirect peer
Description

Veem offers B2B payment and disbursement services with a focus on automation for businesses managing complex payouts. Comparable in targeting enterprise payment workflow automation, with overlapping customer profiles.

TypeBroad incumbent
Description

Stripe Connect enables platforms and marketplaces to send payments to large numbers of recipients globally. Comparable in mass payout functionality, though positioned as part of Stripe's broader payment stack rather than a vertical-specialized offering.

TypeBroad incumbent
Description

Adyen is a global payment platform offering accepting and disbursing capabilities to enterprise merchants and platforms. Comparable in handling high-volume, enterprise-grade payments at scale, though with a much broader scope.

TypeEmerging player
Description

Royalty Exchange operates in the music royalty market with adjacent technology for catalog valuation and payments. Comparable as a vertical-specialized player in entertainment royalties, though focused more on royalty trading than disbursement infrastructure.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

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

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 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 rounds2 records

Each record includes

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

Investors10 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 →

Exactuals

Payment Disbursement SaaSexactuals.com

Exactuals is a SaaS payments company operating the Payment Hub® platform, automating high-volume royalty, sports NIL, and healthcare disbursements for enterprise clients via its parent City National Bank (owned by RBC).

What Exactuals does

Exactuals is a SaaS payments technology company that operates the Payment Hub® platform, specializing in high-volume, data-rich payment disbursements for the entertainment, sports, and healthcare industries. Founded in 2011 and headquartered in Los Angeles, the company focuses on automating complex payment workflows for royalties and residuals (music, film, TV, publishing), Name-Image-Likeness (NIL) payments for athletes and coaches, and bulk healthcare disbursements. Its core technology emphasizes automation of paper-based processes, real-time payment visibility, PII protection through off-system identity verification, and scalable infrastructure that adapts to growing payee lists.

The company is a wholly-owned subsidiary of City National Bank, which is itself owned by Royal Bank of Canada (RBC). This parent-subsidiary structure means Exactuals' go-to-market is executed exclusively through City National Bank's corporate and commercial banking channels, leveraging the bank's relationship managers and enterprise sales force. Revenue is generated via transaction fees on processed payments. The company's customers are enterprise organizations—including music industry organizations, athletic departments and NIL collectives, and healthcare insurers, providers, and administrators—that require organized, compliant systems for high-volume recurring payouts.

Exactuals has raised approximately $20.6M across two 2017 funding rounds led by City National Bank, Entertainment Partners, and TTV Capital, prior to its full acquisition by City National Bank. The company operates with 11-50 employees and has no publicly disclosed pricing, revenue figures, or AI/ML capabilities documented in available sources.

Exactuals firmographics

Firmographics
Name
Exactuals
Legal name
Exactuals
Website
https://exactuals.com
Company type
Private
Founded year
2011
Operating status
Operating
Headcount range
11–50 employees
Short description
Exactuals is a SaaS payments company operating the Payment Hub® platform, automating high-volume royalty, sports NIL, and healthcare disbursements for enterprise clients via its parent City National Bank (owned by RBC).
Ownership category
akta.pro rank

Exactuals industry classification

Industry
Product category
Payment Disbursement SaaS
NAICS
Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
SIC
Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Payouts & Disbursements (Withdrawals, RTP, Mass Payouts) (MPAEALAG)
akta.pro secondary industries
Sync Royalty Administration & Reporting (Cue Sheets, Claims, Audits) (MPAIALAL), Instant Payment Scheme Connectivity & Processing (e.g., FedNow, SEPA Instant, Faster Payments) (FSAMAHAD)

Keywords

  • Royalty payment processing
  • Residual payment software
  • NIL payment platform
  • Healthcare disbursement solutions
  • Entertainment royalty management

Where Exactuals is headquartered

Location

Headquarters

HQ city
Los Angeles
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Exactuals business model

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

Revenue model

  1. Payment Processing Services: Revenue generated through payment processing and disbursement services for organizations managing high-volume payments, particularly in entertainment royalties, sports NIL payments, and healthcare disbursements

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Exactuals product offering

Product offering

Core offering

Exactuals provides Payment Hub®, a SaaS payment management platform that automates high-volume, data-rich disbursements for organizations in entertainment royalties, sports NIL collectives, and healthcare payouts. The platform replaces manual and paper-based payment workflows with automated processing, real-time tracking, and built-in identity verification that keeps sensitive PII out of client systems. Distribution is handled exclusively through City National Bank's enterprise banking channel under RBC ownership.

Product overview

Exactuals offers a single unified product called Payment Hub by Exactuals®, which is a payment management platform designed for organizations that rely on accurate, data-rich, high-volume payments. The platform serves industries including Entertainment (for royalty and residual payments), Sports (for NIL collectives and athletic payments), and Healthcare (for insurers and provider disbursements). The product focuses on automation, real-time visibility, and security for payment processing.

Differentiator

Problem solved

Functional benefit

Products and services

  • Payment Hub® by Exactuals Payment Hub® by Exactuals is a payment management SaaS platform that simplifies complex payment workflows, enabling organizations to manage high-volume, accurate, data-rich payments at scale with automation for reduced manual administrative work. It serves entertainment (royalty/residual), sports (NIL and athletic staff), and healthcare (insurer/provider bulk disbursements) customers, providing real-time payment tracking, built-in identity verification, and PII protection that keeps sensitive data out of client internal systems.

Companies that use Exactuals

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Exactuals technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Exactuals partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • City National BankcoreOEM/ Whitelabel/ Licensing PartnerExactuals operates as a wholly-owned subsidiary of City National Bank, with its Payment Hub product distributed through City National Bank's corporate banking channels. The relationship provides Exactuals access to City National's enterprise client base in entertainment, sports, and healthcare sectors.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Exactuals competitors and assessment

Company assessment

Direct peers

  • Tipalti: Tipalti provides mass payouts, global payment automation, and AP workflow solutions for high-volume, data-rich disbursements across verticals — directly comparable to Exactuals' core Payment Hub use case, though with a broader mid-market and enterprise customer base.
  • Modern Treasury: Modern Treasury operates payment operations infrastructure for moving money at scale, including payouts and disbursements APIs. Comparable in targeting enterprise clients with complex, high-volume payment workflows, though positioned more as infrastructure than vertical-specialized software.
  • Hyperwallet (PayPal): Hyperwallet, now part of PayPal, is a mass payouts platform serving marketplaces, gig economy, and royalty-adjacent verticals. Directly comparable as a high-volume disbursement platform, with the added backdrop of a global incumbent owner.
  • Trolley (formerly Payment Rails): Trolley provides mass payouts to payees globally with tax form handling and compliance features, serving marketplaces and creator platforms. Comparable to Exactuals in handling data-rich, recurring payouts to large payee populations.
  • Dwolla: Dwolla provides account-to-account payment infrastructure and disbursement APIs for platforms. Comparable in offering high-volume payout automation APIs to enterprise clients, with overlap in disbursement use cases.
  • Veem: Veem offers B2B payment and disbursement services with a focus on automation for businesses managing complex payouts. Comparable in targeting enterprise payment workflow automation, with overlapping customer profiles.

Broad incumbents

  • Bill.com: Bill.com is a broader AP/AR and B2B payments platform used by SMB and mid-market customers. Comparable in automating complex payment workflows, though it focuses on accounts payable rather than specialized high-volume payouts to large payee bases.
  • Stripe Connect: Stripe Connect enables platforms and marketplaces to send payments to large numbers of recipients globally. Comparable in mass payout functionality, though positioned as part of Stripe's broader payment stack rather than a vertical-specialized offering.
  • Adyen: Adyen is a global payment platform offering accepting and disbursing capabilities to enterprise merchants and platforms. Comparable in handling high-volume, enterprise-grade payments at scale, though with a much broader scope.

Emerging players

  • Royalty Exchange: Royalty Exchange operates in the music royalty market with adjacent technology for catalog valuation and payments. Comparable as a vertical-specialized player in entertainment royalties, though focused more on royalty trading than disbursement infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Exactuals social profiles

Digital presence

Exactuals financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Exactuals leadership team

Management profile

Number of profiles

Profiles3 records

Exactuals funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors10 records

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

Exactuals 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 Exactuals

What does Exactuals do?

Exactuals provides Payment Hub®, a SaaS payment management platform that automates high-volume, data-rich disbursements for organizations in entertainment royalties, sports NIL collectives, and healthcare payouts. The platform replaces manual and paper-based payment workflows with automated processing, real-time tracking, and built-in identity verification that keeps sensitive PII out of client systems. Distribution is handled exclusively through City National Bank's enterprise banking channel under RBC ownership.

Is Exactuals a public or private company?

Exactuals is a private company. It is classified as corporate owned and is currently operating.

When was Exactuals founded?

Exactuals was founded in 2011. It employs 11 to 50 people.

Where is Exactuals based?

Exactuals is headquartered in Los Angeles, United States, in the North America region.

How does Exactuals make money?

One revenue line is on record: payment Processing Services.

Who are Exactuals's main competitors?

Direct peers on record are Tipalti, Modern Treasury, Hyperwallet (PayPal), Trolley (formerly Payment Rails), Dwolla and Veem. Broad incumbents are Bill.com, Stripe Connect and Adyen. Royalty Exchange is listed as an emerging player.

Does Exactuals have an API?

No public API is recorded for Exactuals.

What industry is Exactuals in?

Exactuals's product category is Payment Disbursement SaaS. Its primary akta.pro industry code is MPAEALAG, Payouts & Disbursements (Withdrawals, RTP, Mass Payouts), with a secondary code of MPAIALAL, Sync Royalty Administration & Reporting (Cue Sheets, Claims, Audits). Its NAICS code is 52232 and its SIC code is 7370.

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Live signals
Digital Music NewsExactuals and AgilLink Are Officially Integrated, City National AnnouncesExactuals has officially integrated its PaymentHub platform with AgilLink, a cloud-based accounting and bill-paying service, to automate the processing of royalty and residual payments for entertainment industry professionals. This integration enables electronic union statements to automatically associate with direct deposits within 24 hours, eliminating manual data entry and reducing errors for business managers. The move is part of Exactuals' broader strategy to enhance security and efficiency in payment flows for talent servicing firms.PR NewswireSPOKEN GIANTS Unlocks Royalties As 1st Collective Advocate For Spoken Word Copyright Holders (Comedians, Podcasters)Spoken Giants launched publicly on October 28, 2020, as the first royalty administration company for spoken word copyright holders including comedians and podcasters, founded by former BMI executive Jim King and 800 Pound Gorilla Records co-founders Ryan Bitzer and Damion Greiman. The company addresses a gap where millions in royalties have been unclaimed by or unpaid to spoken word creators, with no prior entity existing to protect and pay these creators, and has partnered with Muserk for technology and Exactuals for payment processing. The need was identified in 2016 when 800 Pound Gorilla Records founders recognized comics were not getting fully owed royalties, and the Music Modernization Act (2018) did not address spoken word content.GlobeNewswireSuracy Insurance Agency Selects Exactuals’ PaymentHub for InsuranceSuracy Insurance Agency selected Exactuals' PaymentHub for Insurance to modernize its payment processing and reporting. The platform streamlines commission, claims, and vendor payments with analytics, aiming to increase transparency and stakeholder satisfaction. Exactuals expects to optimize the implementation to maximize value.GlobeNewswireExactuals Launches Innovative Product to Streamline andExactuals announced the launch of PaymentHub for Insurance, a SaaS platform for insurance commission payments. The modular system replaces paper checks, offers real-time analytics, and integrates with existing systems. It is the first expansion into insurance, partnering with City National Bank.FinSMEsCity National Bank Buys Payments Company ExactualsCity National Bank acquired Exactuals, a Los Angeles-based payments company for the entertainment industry, with the deal amount undisclosed. Exactuals provides PaymentHub for direct deposit and tax management, and recently launched an AI tool for royalty metadata. The company plans to expand as a wholly owned subsidiary, expecting additional revenue from payment processing.Digital Music NewsWhat Happens After the Music Modernization Act?Chris McMurtry of Exactuals argues that the Music Modernization Act's success depends on solving industry-wide data standardization issues, citing the historical failure of the Global Repertoire Database. He proposes using AI-driven tools like Exactuals' RAI to improve metadata accuracy and royalty attribution, drawing parallels to the film industry's adoption of EIDR. The article highlights the challenges labels and publishers face in updating legacy systems to meet new regulatory requirements.GlobeNewswireCity National Bank Acquires ExactualsCity National Bank acquired Exactuals, a Los Angeles-based SaaS provider for entertainment industry payments. The deal includes Exactuals' PaymentHub and RAI AI tool, with CEO Mike Hurst retained. City National expects additional revenue and deposit growth from the acquisition.Digital Music NewsLatest Industry: TIDAL’s Got 99 Problems, XXXTentacion, Choon, Exactuals, PRS, HMV, Roc Nation, More…Norwegian newspaper Dagens Næringsliv reported that TIDAL manipulated 320 million fake sessions, cut royalty payouts from 62.5% to 55%, and is behind on payments to major record labels including Sony-owned Phonofile and Propellor Records. In related industry developments, the UK Copyright Tribunal approved new PRS tariffs for live music, increasing rates for concerts while lowering them for qualifying festivals.TechCrunchMusic payments startup Exactuals debuts R.AI, a ‘Palantir for music royalties’Exactuals debuted R.AI, a machine-learning tool to track songwriting and rights data across platforms. The service monitors 59 million songs for identifiers like IPIs, ISWCs, and ISRCs, helping publishers meet Apple and Spotify's attribution demands. It aims to clean data from 700,000 disparate sources.Digital Music NewsHow to Build a Major Label Payment Platform on an Indie Label BudgetExactuals is expanding its PaymentHub platform to help music labels, publishers, and venues streamline global royalty payments by reducing overhead and ensuring security. The system leverages partnerships with institutions like City National Bank to provide fast, transparent, and secure financial processing for creators in over 70 countries.