What Payix does

Payix is a payment technology company founded in 2016 that provides integrated payment processing and borrower-facing software for lenders, loan servicers, and a broad set of vertical business segments. The platform offers omni-channel payment acceptance across online, text, and mobile channels with 24/7 collection capability, purpose-built borrower communication and collections tools that integrate with loan management systems, and an Instant Funding feature that pushes disbursed funds to eligible debit and prepaid cards in real time, eliminating paper-check delays. Backend modules include Vendor Payment Automation, Clearing and Settlement, and Messaging Management, collectively enabling end-to-end payment workflows from acceptance through reconciliation and disbursement.

The company monetizes through transaction-based processing fees on payment volume plus recurring revenue from software integration services. Distribution is dual-channel: an enterprise direct sales motion with quote-based, volume-tailored pricing, supplemented by a partner program that enables ISOs, payfacs, and vertical software platforms to embed Payix/REPAY payment processing within their own systems. The platform holds two U.S. patents (Nos. 11,620,621 and 12,462,234) covering core payment technology.

Payix was acquired by REPAY (M & A Ventures, LLC) in January 2022 and officially rebranded under the REPAY brand in 2022; existing clients retained access to the same product functionality, and the Payix team was folded into the REPAY organization headquartered in Atlanta, Georgia.

Name

Payix

Legal name

M & A Ventures, LLC

Website

https://payix.net

Company type

Private

Founded year

2016

Operating status

Acquired

Headcount range

11–50 employees

Short description

Payix, now operating as REPAY following a January 2022 acquisition, provides integrated omni-channel payment processing, borrower-facing software, and instant funding for lenders, loan servicers, and a broad set of vertical business segments across the United States.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199), Services-Prepackaged Software (7372)

akta.pro primary industry

Payment Orchestration Platforms (FSAGABAA)

akta.pro secondary industries

Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Payment processing solutions
• Loan servicing software
• Omni-channel payments
• Instant funding disbursement
• Borrower communications

Headquarters

HQ city

Bedford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Services: Transaction-based payment processing revenue from omni-channel payment acceptance solutions. Fee revenue generated from payment transactions processed through the platform for lenders, loan servicers, and various business segments.
2. Software Integration Services: Revenue from integrating payment solutions within partner software systems and loan management platforms, including clearing, settlement, and messaging management services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Payix provides an integrated payment platform that enables lenders and loan servicers to accept payments through omni-channel methods (online, text, mobile), communicate with borrowers, and disburse loan funds instantly via push-to-card. The solution includes backend modules for vendor payment automation, clearing and settlement, and messaging management, all purpose-built for the consumer-finance and loan-servicing industry with seamless loan management system integration.

Product overview

Payix, now operating as REPAY, is a payment technology platform offering an integrated suite of payment solutions. The portfolio includes a core platform with multiple interconnected modules: Omni-channel Payments for multi-channel payment acceptance (online, text, mobile), Borrower-facing Software for communication and collections tools for lenders and servicers, Instant Funding for real-time card-based disbursements, and backend services including Vendor Payment Automation, Clearing and Settlement, and Messaging Management. These products work together to provide end-to-end payment processing and management capabilities for financial services companies, lenders, and businesses across industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Omni-channel Payment Acceptance Integrated payment acceptance solution enabling borrowers and customers to make payments through multiple channels — online, text, and mobile — providing 24/7 collection capability for lenders, loan servicers, and other businesses.
• Borrower-facing Software Communication and collections tools specifically built for lenders and loan servicers, designed to integrate seamlessly with loan management systems to enhance the borrower experience.
• Instant Funding Real-time fund disbursement service that pushes funds to borrowers' eligible debit and prepaid cards 24/7, eliminating paper checks and processing delays.
• Vendor Payment Automation Automation solution for managing and processing vendor payments, streamlining B2B payment workflows for businesses.
• Clearing and Settlement Backend payment clearing and settlement services handling transaction reconciliation and fund transfers between parties.
• Messaging Management Communication management solution for sending and managing payment-related messages and notifications to customers.

Segments15 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Payix Integration PartnerscoreTechnology or Integration · 1 January 2022Payix (now REPAY) maintains integration partnerships with loan management system providers and software platforms. Existing clients have access to industry-leading product functionality with seamless system integration. The partner program enables preferred payment partners to offer clients powerful payment processing solutions integrated within their software system.

Recent moves6 records

Expansion highlights4 records

Emerging players

• Modern Treasury: Payment operations platform providing payment orchestration, clearing, and disbursement APIs for fintechs and platforms; addresses similar payment infrastructure needs as Payix for fintech/lender clients.
• Tipalti: AP automation and mass payouts platform with global payment capabilities, comparable to Payix's vendor payment automation and instant funding/disbursement offerings for B2B and platform customers.

Broad incumbents

• Stripe: Global payment platform increasingly embedding into vertical SaaS and lending flows; competes with Payix for integrated payment acceptance and developer-first integrations within lender software.
• ACI Worldwide: Large incumbent enterprise payment processing and real-time payments platform serving billers, financial institutions, and processors, overlapping with Payix's clearing and settlement and lender services.
• Block (Square): Broad payment and financial services platform serving sellers, financial institutions, and consumer lending via Cash App, with growing reach into disbursement and integrated payment workflows similar to Payix.

Direct peers

• Dwolla: Payment orchestration and ACH/bank-to-bank transfer API used by lenders and marketplaces, comparable to Payix's orchestration and clearing/settlement capabilities for vertical SaaS customers.
• Forte Payment Systems (CSG Forte): Integrated payment processing platform that embeds into vertical software platforms, comparable to Payix's strategy of integrating payment acceptance and disbursements within lender and ISV systems.
• BillingTree: Payment processing platform focused on accounts receivable management and consumer finance lenders, directly overlapping with Payix's primary ARM and consumer finance verticals and similar omnichannel acceptance model.
• Paymentus: Bill payment and presentment platform serving billers, lenders, and utilities with omni-channel electronic payment acceptance; uses a similar transaction-fee revenue model and lender/biller target market.
• PayNearMe: Payment processing solution purpose-built for lenders, billers, and financial services with omnichannel cash and digital payment acceptance, closely mirroring Payix's lender-focused payment acceptance stack.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/PayixInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Payix