KRS

Payment Processing Serviceskrs.agency

KRS is a privately held, Flushing, NY-based merchant services and payment processing agent (11-50 employees, founded 2015) positioning itself in workers' compensation insurance merchant services and broader payment processing solutions for small businesses.

Company typePrivate
Founded2015
HeadquartersFlushing, United States
Headcount11–50
GTM typeB2B
OfferingServices

KRS firmographics

Firmographics

Name: KRS
Website: https://krs.agency
Company type: Private
Founded year: 2015
Headcount range: 11–50 employees
Short description: KRS is a privately held, Flushing, NY-based merchant services and payment processing agent (11-50 employees, founded 2015) positioning itself in workers' compensation insurance merchant services and broader payment processing solutions for small businesses.
Ownership category
akta.pro rank

KRS industry classification

Industry

Product category: Payment Processing Services
NAICS: Payroll Services (541214), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
akta.pro primary industry: Workers’ Compensation for Small Business & Pay-As-You-Go Programs (FSAJAEAG)
akta.pro secondary industries: Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), Contractor Payroll, Invoicing & Payment Services (BPACAGAD)

Keywords

Workers compensation insurance
Merchant services
Payment processing solutions
Sales processing services
Insurance payment processing

Where KRS is headquartered

Location

Headquarters

HQ city: Flushing
HQ country: United States
HQ region: North America

Markets served

KRS business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Marketing or Sales

KRS product offering

Product offering

Core offering

KRS provides workers compensation insurance merchant services and comprehensive sales and payment processing solutions to business clients. The company acts as an intermediary service provider facilitating payment and insurance-related transactions, supporting businesses that need workers compensation insurance payment handling and merchant payment processing capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

Workers Compensation Insurance Merchant Services Merchant services tailored for workers compensation insurance payment handling, facilitating insurance-related transactions for business clients.
Comprehensive Sales and Payment Processing Solutions End-to-end sales and payment processing services for business clients needing merchant transaction support.

Companies that use KRS

Customer profile

Ideal customer profiles1 record

KRS technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

KRS competitors and assessment

Company assessment

Broad incumbents

Square (Block): Dominant integrated payments/POS provider serving the same small-business segment that KRS targets on the merchant-services side of its offering.
Stripe: Large-scale integrated payment processor serving SMBs — sets the competitive benchmark on the payment-processing half of KRS's bundle.
The Hartford: Large incumbent workers' comp carrier that distributes through independent agents; competes for the same small-business premium pool that KRS accesses.
Hiscox: Established small-commercial insurer/broker with strong workers' comp and adjacent P&C lines serving the same SMB customer profile as KRS.
AmTrust Financial Services: Major workers' comp carrier with Pay-As-You-Go policy options distributed through agencies — competes for the underlying insurance product KRS places.

Emerging players

Thimble: On-demand small-business insurance including workers' comp sold by-the-policy online — an emerging peer competing for KRS's small-business insurance customers.
Founders Professional Employer Organization (Founders PEO / GTM-Pay): PEO/insurance bundle for small businesses including workers' comp administration and payroll-driven payments — overlapping use case for SMB clients of KRS.

Direct peers

biBERK: Berkshire Hathaway-backed digital workers' comp provider selling direct to small businesses — a direct online substitute for the policy placement side of KRS's offering.
Pie Insurance: Tech-enabled workers' comp carrier focused on small businesses with Pay-As-You-Go premium options — directly competes for the same buyer that KRS targets.
NEXT Insurance: Direct-to-small-business digital carrier selling workers' comp online with bundled monthly billing — the most direct substitute for KRS's bundled insurance-plus-payment offering.

Market position

Customer concentration

KRS financial estimates

Financial estimate

Revenue estimate

Valuation estimate

KRS leadership team

Management profile

Number of profiles

KRS funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

KRS 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 KRS

What does KRS do?

When was KRS founded?

KRS was founded in 2015. It employs 11 to 50 people.

Where is KRS based?

KRS is headquartered in Flushing, United States, in the North America region.

Who are KRS's main competitors?

Broad incumbents on record are Square (Block), Stripe, The Hartford, Hiscox and AmTrust Financial Services. Emerging players are Thimble and Founders Professional Employer Organization (Founders PEO / GTM-Pay). Direct peers are biBERK, Pie Insurance and NEXT Insurance.

Does KRS have an API?

No public API is recorded for KRS.

What industry is KRS in?

KRS's product category is Payment Processing Services. Its primary akta.pro industry code is FSAJAEAG, Workers’ Compensation for Small Business & Pay-As-You-Go Programs, with a secondary code of FSAMABAA, Integrated Payment Processors (PSP/Acquirer). Its NAICS code is 541214.