QuickFee
QuickFee is an ASX-listed payment platform and client financing provider serving 1,300+ accounting and law firms with digital payments, A/R automation, and 3-12 month proprietary financing. Following its 2025 US payments divestiture to Aiwyn, the company focuses on its Pay Over Time financing product, primarily in Australia.
- Company typePrivate
- Founded2006
- HeadquartersLos Angeles, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What QuickFee does
QuickFee is an ASX-listed payment platform and SME lender (ASX: QFE) that serves professional services firms — primarily accounting and CPA practices, with a secondary law firm segment — across the United States and Australia. The company was founded in 2006 and has built a customer base of more than 1,300 accounting firms globally, including IPA Top 400 names such as Frazier & Deeter and Whitley Penn. Its product portfolio consists of three core modules: QuickFee Pay Now (digital payment acceptance for ACH/EFT and credit/debit cards), QuickFee Pay Over Time (proprietary client financing offering 3-12 month installment plans where QuickFee funds the full invoice upfront to the firm within 2-5 business days and collects interest from the client, with no credit check required and tickets up to AUD 100,000), and QuickFee Connect (an A/R automation layer integrating with Wolters Kluwer CCH, Thomson Reuters Practice CS, IRIS Practice Engine, and PracticeERP). Security posture is anchored by PCI Level 1 and SOC 2 compliance.
The business model is transaction-fee and interest-driven: Pay Over Time generates interest income on installment loans while Pay Now earns transaction fees on payment processing. The Pay Now and Connect modules are offered at no platform cost to the firm, with revenue derived from take rates and financed loan economics. Distribution is primarily direct digital self-serve supplemented by enterprise field sales, with practice management software integrations acting as embedded distribution channels. In September 2025 QuickFee divested its US payments business (Pay Now and Connect) to Charlotte-based Aiwyn for $26 million, retaining its Pay Over Time financing product globally and entering a partnership in which Aiwyn distributes Pay Over Time alongside its own payments stack. Following the divestiture, the Australian business is the principal growth engine, with Australian finance revenue growing 12% in Q3 FY2026 against a 44% decline in US revenue. FY2026 EBITDA is guided to AUD 3.75-4.25 million, and the company has announced a 7.5 AU cent per share capital return alongside Q1 FY2026 results.
Operationally the company is mid-stage public: 51-100 employees, US-incorporated parent QuickFee Group LLC with wholly-owned subsidiaries QuickFee Finance LLC, QuickFee GCI LLC, and QuickFee, Inc., and an Australian-listed entity maintaining the ASX listing. Headquartered in Plano, Texas (with a mailing address in West Hollywood, California), QuickFee is led by CEO Eric Lookhoff and is post-transaction a smaller, financing-focused business whose strategic narrative has shifted from US platform expansion to Australian-led financing profitability and capital return.
QuickFee firmographics
Firmographics- Name
- QuickFee
- Legal name
- QuickFee, Inc.
- Website
- https://quickfee.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- QuickFee is an ASX-listed payment platform and client financing provider serving 1,300+ accounting and law firms with digital payments, A/R automation, and 3-12 month proprietary financing. Following its 2025 US payments divestiture to Aiwyn, the company focuses on its Pay Over Time financing product, primarily in Australia.
- Ownership category
- akta.pro rank
QuickFee industry classification
Industry- Product category
- Accounts Receivable Automation and Professional Services Payments
- NAICS
- Other Nondepository Credit Intermediation (52229), Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Short-Term Business Credit Institutions (6153), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industries
- Recurring Billing & AutoPay Management (FSAMAJAE), Biller Direct EBPP Platforms (FSAMAJAA), Bank Bill Pay (Consumer & Small Business) (FSAMAJAC)
Keywords
Where QuickFee is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
QuickFee business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Pay Over Time Financing (Interest Income): QuickFee extends loans to clients of accounting/law firms, collecting interest income on the installment plans. Firms receive the full invoice amount within 2-5 business days while clients pay over 3-12 months with interest. Interest rates vary by loan term. This is the primary proprietary revenue stream.
- Payment Processing (ACH/Card): QuickFee earns transaction fees from processing ACH/EFT and credit/debit card payments through the Pay Now module. Fees are transparent and passed through to firms, with the option for firms to pass nominal surcharges to clients.
- Capital Raise / Equity Financing: QuickFee raised A$4.0 million through a share placement in May 2022 with participation from Payroc and other investors to support growth and profitability strategies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Pay Over Time: 3-month term |
| Transaction based/ take rate | Monthly | Pay Over Time: 6-month term |
| Transaction based/ take rate | Monthly | Pay Over Time: 9-month term |
| Transaction based/ take rate | Monthly | Pay Over Time: 12-month term |
| Transaction based/ take rate | Pay-as-you-go | Pay Now - Digital Payment Processing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
QuickFee product offering
Product offeringCore offering
QuickFee provides a payment and accounts receivable automation platform purpose-built for accounting and law firms. Its core offerings include a digital payment portal accepting ACH/EFT and card payments, a proprietary client financing solution that funds the full invoice upfront to the firm while clients repay over 3-12 months, and an A/R automation module that integrates with practice management systems to reconcile invoices and collections.
Product overview
QuickFee is a payment and A/R automation platform for accounting and professional services firms. The product portfolio consists of three core offerings: (1) QuickFee Pay Now — a digital payment portal accepting ACH/EFT and card payments; (2) QuickFee Pay Over Time — a proprietary client financing/loan product enabling 3–12 month installment plans with the firm paid upfront; and (3) QuickFee Connect — an A/R automation module that syncs with practice management systems (CCH ProSystem fx, CCH Axcess Practice, IRIS Practice Engine, Thomson Reuters Practice CS, PracticeERP) to automate invoice delivery, reminders, and reconciliation. QuickFee operates alongside Aiwyn, having sold its U.S. operations to Aiwyn in September 2025 while retaining its Australian/global financing business.
Differentiator
Problem solved
Functional benefit
Brands
- QuickFee Pay Now: Digital payment solution accepting ACH/EFT and card payments with transparent fees.
- QuickFee Pay Over Time
- QuickFee Connect
Products and services
- QuickFee Pay Now Digital payment acceptance solution that enables accounting and law firms to accept ACH/EFT transfers, credit cards, and debit card payments through a secure online payment portal with transparent fees. Firms may pass a nominal credit card surcharge to clients.
- QuickFee Pay Over Time Proprietary client financing product offering 3, 6, 9, or 12-month installment payment plans at no cost to the firm. QuickFee funds the full invoice amount to the firm upfront while clients spread payments over time with interest. Loans up to $100,000 processed through cloud-based system with no credit check required for clients.
- QuickFee Connect A/R automation platform that automates the entire accounts receivable workflow, including invoice delivery, payment reminders, and reconciliation with practice management software such as Wolters Kluwer CCH ProSystem fx, CCH Axcess Practice, IRIS Practice Engine, Thomson Reuters Practice CS, and PracticeERP.
Quantifiable outcome
- Reduce A/R by up to 32%
- +5 more outcomes
Companies that use QuickFee
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
QuickFee technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature5 records
QuickFee partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- AiwyncoreAiwyn acquired QuickFee's US payments business in September 2025 for $26 million, including QuickFee Pay Now and QuickFee Connect. Post-acquisition, QuickFee works alongside Aiwyn to deliver a suite of payment solutions — QuickFee continues operating its Pay Over Time (financing) product while Aiwyn handles the Pay Now (digital payments) and Connect (A/R automation) products. This is a restructuring of QuickFee's US operations.
- Wolters Kluwer (CCH ProSystem fx, CCH Axcess Practice)coreQuickFee Connect integrates with Wolters Kluwer CCH ProSystem fx and CCH Axcess Practice, enabling automated database sync, invoice delivery, and reconciliation directly within the practice management system used by accounting firms.
- Thomson Reuters (Practice CS)coreQuickFee Connect integrates with Thomson Reuters Practice CS, enabling seamless data synchronization and automated A/R reconciliation within the Thomson Reuters ecosystem used by accounting firms.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
QuickFee competitors and assessment
Company assessmentDirect peers
- Aiwyn: Acquired QuickFee's US payments business (Pay Now and Connect) in September 2025 for $26M and now provides the integrated A/R automation and digital payment platform to US accounting firms that QuickFee previously offered, making it the most directly comparable peer in the same product category.
- Bill.com: Bill.com offers AP/AR automation, digital payments, and increasingly working capital/lending to SMBs including accounting firms. It is a direct competitor for the A/R automation and bill-pay slot within QuickFee's customer base and adds scale, capital, and product breadth QuickFee cannot match.
- Melio: Melio is a digital B2B payments platform (now part of Worldline) serving SMBs including accounting firms with bill pay, ACH/card acceptance, and AR workflows — overlapping directly with QuickFee Pay Now and Connect in the accounting vertical.
- Versapay: Versapay provides AR automation and B2B payments designed for mid-market firms; it overlaps with QuickFee's Connect product in functionality and target buyer (controllers, CFOs), competing for the same automation budget at accounting firms.
- Apruve: Apruve offers B2B trade credit and net-terms financing for businesses, conceptually adjacent to QuickFee Pay Over Time's BNPL-for-professional-services model. Comparable as a niche B2B financing provider targeting similar buyer behavior.
Emerging players
- CPA.com (AICPA): AICPA's commercial arm bundles vendor partnerships and A/R/payment tooling for accounting firms. Its channel and brand reach into the IPA Top 400 represents an emerging competitive threat to QuickFee's practice-management-embedded distribution.
- Behalf (Mastercard): Behalf, now part of Mastercard, provides short-term business financing and net-terms B2B lending. Comparable to QuickFee Pay Over Time as a short-term business credit institution underwriting SMB receivables.
- Canopy: Canopy provides practice management tools for accounting firms, including workflow, document, and payment-related modules. Comparable as an embedded workflow vendor targeting the same accounting firms that QuickFee's Connect integrates with.
Broad incumbents
- Fundbox: Fundbox extends short-term working capital and credit to SMBs via an embedded platform. It is a broader incumbent in nondepository SMB lending, comparable to QuickFee Pay Over Time in product mechanics and risk philosophy.
- BlueVine: BlueVine offers working capital, lines of credit, and SMB banking products. Comparable as a broader nondepository credit intermediary competing for SMBs that QuickFee serves through its accounting firm channel.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
QuickFee social profiles
Digital presenceQuickFee compliance and trust
Trust signalCompliance2 records
QuickFee financial estimates
Financial estimateRevenue estimate
Valuation estimate
QuickFee leadership team
Management profileNumber of profiles
Profiles3 records
QuickFee subsidiaries and ownership
Company hierarchySubsidiaries3 records
QuickFee funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QuickFee M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QuickFee
What does QuickFee do?
QuickFee provides a payment and accounts receivable automation platform purpose-built for accounting and law firms. Its core offerings include a digital payment portal accepting ACH/EFT and card payments, a proprietary client financing solution that funds the full invoice upfront to the firm while clients repay over 3-12 months, and an A/R automation module that integrates with practice management systems to reconcile invoices and collections.
Is QuickFee a public or private company?
QuickFee is a private company. It is classified as public and is currently operating.
When was QuickFee founded?
QuickFee was founded in 2006. It employs 51 to 100 people.
Where is QuickFee based?
QuickFee is headquartered in Los Angeles, United States, in the North America region.
How does QuickFee make money?
Three revenue lines are on record. Pay Over Time Financing (Interest Income) is the primary driver. The others are payment Processing (ACH/Card) and capital Raise / Equity Financing.
Who are QuickFee's main competitors?
Direct peers on record are Aiwyn, Bill.com, Melio, Versapay and Apruve. Emerging players are CPA.com (AICPA), Behalf (Mastercard) and Canopy. Broad incumbents are Fundbox and BlueVine.
Does QuickFee have an API?
No public API is recorded for QuickFee.
What industry is QuickFee in?
QuickFee's product category is Accounts Receivable Automation and Professional Services Payments. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of FSAMAJAE, Recurring Billing & AutoPay Management. Its NAICS code is 52229 and its SIC code is 6153.