EnzoPay

What EnzoPay does

EnzoPay was a payment processing Independent Sales Organization (ISO) that has since rebranded and operates as Evolv Mid-Atlantic, a regional office within Evolv, Inc. Steve Harler, formerly CEO of EnzoPay, now serves as Evolv Mid-Atlantic Regional President. The entity is a registered ISO of Citizens Bank, N.A., PNC Bank, N.A., and Fifth Third Bank, N.A., and processes transactions through three major backend providers — TSYS, Fiserv, and FIS — giving it multi-processor routing flexibility for merchant underwriting and approvals.

The core offering is a multi-channel payment processing platform spanning credit/debit card acceptance, ACH and check solutions, online payments, contactless terminals, mobile/softPOS, point-of-sale systems, e-commerce gateways, and high-risk processing. This is complemented by add-on modules including gift and loyalty programs, QuickBooks/Netsuite/Sage/Xero/Freshbooks integrations, a Practice Management Bridge, and payroll & bookkeeping services. The company serves SMB merchants across more than a dozen verticals, with primary focus on restaurants, retail, and professional solutions, and secondary verticals including healthcare, legal, automotive, contractors, government/water systems, beauty, outfitters, financial institutions, and associations.

Commercially, EnzoPay/Evolv Mid-Atlantic operates a sales-led, regional go-to-market. Distribution combines a direct regional sales force (Mid-Atlantic office in Fredericksburg, VA), an ISO/agent network, bank and financial institution partnerships, and association monetization channels (e.g., bar associations). Revenue is generated through transaction-based fees and residual commissions on the merchant book. Pricing is quote-based and tailored to business profile and processing volume, with no public disclosure of rates. Headcount, revenue, and customer logos are not disclosed in the available data.

Name

EnzoPay

Legal name

Evolv, Inc.

Website

https://goenzopay.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

EnzoPay, now operating as Evolv Mid-Atlantic, is a regional payments ISO delivering multi-processor card, ACH, POS, and e-commerce processing to SMB merchants across the Mid-Atlantic under Steve Harler.

Ownership category

akta.pro rank

Product category

Merchant Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Merchant Acquiring Banks & ISO/MSP Acquirers (FSAMABAB)

akta.pro secondary industries

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG), Card Issuing & Program Management Platforms (BPAMAFAH)

Keywords

• Merchant payment processing
• Credit card processing
• POS systems
• High risk processing
• ACH check solutions

Headquarters

HQ city

Fredericksburg

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Payment Processing Services: Transaction-based payment processing fees through credit card, ACH, and check payment solutions for merchants of all sizes
2. ISO/Agent Commissions: Revenue earned through building and managing a network of sales agents and referral partners in the payment processing industry

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

EnzoPay (now operating as Evolv Mid-Atlantic) is a payment processing company that delivers merchant services including credit card processing, ACH and check solutions, contactless terminals, mobile and point-of-sale systems, eCommerce integrations, and high-risk processing to businesses of all sizes across multiple verticals. Operating as an Independent Sales Organization under Evolv, the company leverages a multi-processor platform with TSYS, Fiserv, and FIS, and offers add-on modules such as gift and loyalty programs, QuickBooks integration, and practice management bridge.

Product overview

EnzoPay (now operating as an ISO of Evolv) offers a comprehensive suite of payment processing solutions delivered through Evolv's platform infrastructure. The product portfolio includes a core platform of payment acceptance methods (Online Payments, POS, Mobile Solutions, Contactless Terminals, ACH & Check Solutions, eCommerce) supplemented by specialized offerings (Buyer's Choice, High Risk Processing) and add-on modules (Gift + Loyalty, QuickBooks Integration, Practice Management Bridge, Payroll & Bookkeeping). The company leverages processing relationships with major processors including TSYS, Fiserv, and FIS to deliver payment services across multiple channels and industries.

Differentiator

Problem solved

Functional benefit

Products and services

• ACH & Check Solutions
• Buyer's Choice Flexible payment solution allowing customers to select their preferred payment method at checkout.
• High Risk Processing Specialized payment processing services for businesses operating in high-risk industries with elevated chargeback or regulatory requirements.
• Online Payments Digital payment processing enabling businesses to accept credit cards, debit cards, and electronic payments through websites and digital channels.
• Contactless Terminals Point-of-sale hardware supporting NFC, tap-to-pay, and contactless payment methods including Apple Pay, Google Pay, and contactless cards.
• Mobile Solutions Payment processing capabilities enabling businesses to accept payments via smartphones or tablets using card readers or software-based POS.
• Point-of-Sale (POS) Complete point-of-sale system combining hardware terminals with software for processing transactions, managing inventory, and tracking sales.
• eCommerce + Integrations Online payment gateway and e-commerce platform integration services connecting businesses' websites with payment processing infrastructure.
• Gift + Loyalty Program Customer retention solution enabling businesses to offer gift card programs and loyalty rewards to incentivize repeat customers.
• Payroll & Bookkeeping Back-office financial services including payroll processing and bookkeeping support for merchant customers.

Quantifiable outcome

• Achieved revenue milestones in 3 years that previously took 6 years with other ISO arrangements

Segments13 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• EvolvcoreStrategic or Co-development PartnerEnzoPay became an ISO of Evolv three years ago and later rebranded to Evolv Mid-Atlantic as a natural business partnership progression. Evolv provides shared services model, back-office support, and access to industry-leading platforms (TSYS, Fiserv, FIS). This partnership allows focus on sales and partnership development while Evolv handles backend operations.
• TSYScoreTechnology or IntegrationOne of three major payment processors powering EnzoPay/Evolv's processing platform. TSYS provides transaction processing infrastructure.
• FiservcoreTechnology or IntegrationOne of three major payment processors powering EnzoPay/Evolv's processing platform. Fiserv provides transaction processing infrastructure.
• FIScoreTechnology or IntegrationOne of three major payment processors powering EnzoPay/Evolv's processing platform. FIS provides transaction processing infrastructure.

Scale indicators2 records

Recent moves8 records

Expansion highlights10 records

Market position

Strengths4 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/goenzopay
• LinkedInlinkedin.com/company/about

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about EnzoPay