Stax Payments
Stax Payments is a privately held Orlando-based payment technology company providing integrated payment processing, subscription billing, embedded payments, and compliant surcharging solutions for SMBs, SaaS platforms, and enterprises via its Stax Pay, Stax Connect, Stax Bill, and CardX product suite.
- Company typePrivate
- Founded2016
- HeadquartersOrlando, United States
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Stax Payments does
Stax Payments, Inc. is a privately held payment technology company founded in 2016 and headquartered in Orlando, Florida. The company provides integrated payment processing, recurring billing, and compliant surcharging solutions through a platform-plus-modules architecture. Core products include Stax Pay (payment processing), Stax Connect (embedded payments for SaaS platforms), Stax Bill (subscription billing), Stax Processing (core acquiring infrastructure), and CardX by Stax (compliant surcharging programs). The company also offers add-on modules covering equipment, lending, mobile payments, e-commerce, invoicing, in-person payments, and white-label processing.
The company operates a dual go-to-market motion combining direct enterprise sales for larger accounts with self-serve portals for SMBs, supplemented by a SaaS platform channel (Stax Connect) that embeds payments via API and white-label arrangements. Payment processing is delivered through ISO/MSP registrations with three bank sponsors: Fifth Third Bank, Pinnacle Bank/Synovus Bank, and Elavon (a U.S. Bancorp subsidiary). The company serves three customer tiers: small and medium-sized businesses (primary), SaaS platforms and software companies (primary), and large enterprise accounts (secondary). Pricing is quote-based and transaction-tiered, with rates customized to processing volume and industry rather than publicly disclosed.
Revenue is generated primarily through transaction-based payment processing fees, supplemented by subscription/recurring billing revenue from Stax Bill, licensing and royalty economics from embedded payments partnerships, and transaction fees from surcharge programs. In 2026 the company underwent a full executive leadership refresh, appointing John Cimba as CEO alongside new CCO (Andrew Monroe), COO (David Winters), and CTO (VJ LeBlanc) hires, and retaining CMO Jenn Reichenbacher. The company is privately held with no disclosed institutional investors, funding rounds, revenue figures, or headcount in the available data.
Stax Payments firmographics
Firmographics- Name
- Stax Payments
- Legal name
- Stax Payments, Inc.
- Website
- https://fattmerchant.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Short description
- Stax Payments is a privately held Orlando-based payment technology company providing integrated payment processing, subscription billing, embedded payments, and compliant surcharging solutions for SMBs, SaaS platforms, and enterprises via its Stax Pay, Stax Connect, Stax Bill, and CardX product suite.
- Ownership category
- akta.pro rank
Stax Payments industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Smart Routing, Cascading & Payment Optimization (FSAMACAJ)
- akta.pro secondary industry
- Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)
Keywords
Where Stax Payments is headquartered
LocationHeadquarters
- HQ city
- Orlando
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Stax Payments business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Marketing or Sales, Personnel, Operations
Revenue model
- Payment Processing: Transaction-based payment processing fees charged to merchants for processing credit/debit card transactions. Revenue generated through interchange fees and processing markups.
- Subscription Billing Services: Recurring subscription billing platform (Stax Bill) providing automated billing management for businesses to collect recurring payments from customers.
- Embedded Payments (Stax Connect): Revenue opportunities for software platforms through embedded payments, with multiple partnership models including white-label arrangements.
- Surcharge Programs (CardX): Compliant surcharging programs allowing merchants to pass on credit card processing fees, generating revenue through program management and compliance services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Quote-based pricing tailored to business size and transaction volume |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Stax Payments product offering
Product offeringCore offering
Stax Payments is a payment technology company that provides integrated payment processing, recurring billing, and compliant surcharging solutions for businesses and software platforms. The company offers a suite of payment solutions including Stax Pay for core payment processing, Stax Bill for subscription billing, Stax Connect for embedded payments within SaaS platforms, and CardX for compliant surcharging programs.
Product overview
Stax Payments offers a platform-plus-modules architecture providing integrated payment and recurring billing solutions. The core products include Stax Pay (payment processing), Stax Connect (embedded payments for SaaS platforms), Stax Bill (subscription billing), Stax Processing (processing infrastructure), and CardX by Stax (surcharging). Additional capability modules include surcharge management, equipment, lending, mobile payments, e-commerce, invoicing, in-person payments, embedded payments, and white-label options. The platform serves software platforms, small businesses, and large businesses through simplified, industry-leading integrated payment and recurring billing solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Stax Pay: Payment processing platform for businesses featuring an all-in-one platform, transparent pricing, and real customer support.
- Stax Connect
- Stax Bill
- Stax Processing
- CardX by Stax
Products and services
- Stax Pay
Quantifiable outcome
- Reclaim time through automated billing processes
- +2 more outcomes
Companies that use Stax Payments
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Stax Payments technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Stax Payments partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SeraminorSera partnered with Stax to drive growth and client satisfaction. Case study demonstrates how field service companies can leverage Stax payment solutions for business growth.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
Stax Payments competitors and assessment
Company assessmentEmerging players
- Chargebee: Chargebee offers subscription billing, revenue recognition, and recurring payment management for SaaS and subscription businesses. It is comparable to Stax Bill as a competing subscription billing platform with overlapping features.
- Recurly: Recurly is a subscription billing and management platform with automated recurring billing, dunning, and revenue recognition. It is directly comparable to Stax Bill as a standalone subscription billing solution for SaaS and subscription merchants.
- Spreedly: Spreedly is a payments orchestration platform enabling platforms and SaaS companies to manage multiple payment gateways and processors through a single API. It is comparable to Stax Connect on platform integration flexibility but at a different layer of the stack.
Broad incumbents
- Stripe: Stripe is a global payments platform offering payment processing, Stripe Connect (embedded payments for SaaS), and Stripe Billing (subscription billing). It is directly comparable to Stax across all four of Stax's core product lines and represents the dominant scale competitor in the embedded payments category.
- Adyen: Adyen is a global payment processing platform serving enterprise merchants and platforms with unified online, in-person, and platform payments. It overlaps with Stax Connect on the platform/embedded payments use case at the enterprise tier.
- Square (Block): Square provides integrated payment processing, POS hardware, software add-ons (Square Banking, Square Appointments), and embedded payments via Square APIs targeting SMBs. It is the most direct comparable to Stax Pay across the SMB merchant segment.
Direct peers
- Toast: Toast is a vertical SaaS platform for restaurants with deeply embedded payment processing. It is highly comparable to Stax Connect's embedded-payments-in-SaaS thesis and to Stax Pay's all-in-one SMB payments positioning, though in a different vertical.
- Heartland Payment Systems (Global Payments): Heartland is a large ISO-style payment processor serving SMBs with integrated processing, POS, and payroll. It is comparable to Stax as a competing merchant services provider targeting similar SMB segments with full-service processing.
- Finix: Finix is a payments infrastructure provider enabling SaaS platforms and marketplaces to embed payment processing with flexible monetization models. It is the closest direct competitor to Stax Connect on embedded payments for software platforms.
- North American Bancard: North American Bancard is a privately held payment processing ISO serving SMBs with similar sponsor-bank partnership models. It competes head-to-head with Stax Pay in the SMB merchant services segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Stax Payments social profiles
Digital presenceStax Payments compliance and trust
Trust signalCompliance1 record
Stax Payments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stax Payments leadership team
Management profileNumber of profiles
Profiles5 records
Stax Payments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stax Payments 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 Stax Payments
What does Stax Payments do?
Stax Payments is a payment technology company that provides integrated payment processing, recurring billing, and compliant surcharging solutions for businesses and software platforms. The company offers a suite of payment solutions including Stax Pay for core payment processing, Stax Bill for subscription billing, Stax Connect for embedded payments within SaaS platforms, and CardX for compliant surcharging programs.
Is Stax Payments a public or private company?
Stax Payments is a private company. It is classified as unknown and is currently operating.
When was Stax Payments founded?
Stax Payments was founded in 2016.
Where is Stax Payments based?
Stax Payments is headquartered in Orlando, United States, in the North America region.
How does Stax Payments make money?
Four revenue lines are on record. Payment Processing is the primary driver. The others are subscription Billing Services, embedded Payments (Stax Connect) and surcharge Programs (CardX).
Who are Stax Payments's main competitors?
Emerging players on record are Chargebee, Recurly and Spreedly. Broad incumbents are Stripe, Adyen and Square (Block). Direct peers are Toast, Heartland Payment Systems (Global Payments), Finix and North American Bancard.
Does Stax Payments have an API?
Yes. Stax Payments exposes a public API. Developer documentation is at docs.staxpayments.com.
What industry is Stax Payments in?
Stax Payments's product category is Payment Processing. Its primary akta.pro industry code is FSAMACAJ, Smart Routing, Cascading & Payment Optimization, with a secondary code of CRAFALAH, Recurring Billing, Subscriptions & Tokenized Payments. Its NAICS code is 52232 and its SIC code is 6153.