What OmniaPay does

OmniaPay is a payment processing platform built for lenders and loan servicing businesses, supporting ACH, credit, and debit card transactions. Launched on July 17, 2024, the platform is operated as a strategic product of Vergent LMS, a lending management solutions company headquartered in Mississippi, and is designed to integrate natively with Vergent LMS as well as other loan management systems. Core technical components include secure iframe technology for card data capture, customizable rule sets linked to hierarchical business structures, and support for both on-site and online payment acceptance across multi-branch lender operations.

OmniaPay holds SOC 1, SOC 2, SOC 3, and PCI DSS compliance certifications, positioning it for regulated and enterprise lender buyers. The product also includes transaction reporting, chargeback and dispute support, live (non-automated) customer support, and multiple loan funding and repayment options. Distribution is enterprise sales-led, with demos routed through a Head of Partnerships and the platform embedded within Vergent LMS as the primary go-to-market lever. Target customers include alternative and short-term lenders, loan servicers, and businesses of all sizes that need integrated ACH and card acceptance tied to their loan management workflows.

Revenue is generated through a transactional, take-rate pricing model in which fees scale with transaction volume and type. The company markets transactional pricing as typically lower-cost than flat-rate alternatives, appealing to higher-volume merchants. Only one customer, Anytime Cash Solutions, is publicly named, and no revenue, funding, or headcount figures are disclosed. The company is privately held and wholly aligned with its parent, Vergent LMS, with offices in Oxford and Jackson, Mississippi.

Name

OmniaPay

Legal name

OmniaPay

Website

https://omniapay.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

OmniaPay is a payment processing platform for lenders and loan servicers, launched in July 2024 as a product of Vergent LMS, supporting ACH and card payments with native LMS integration, SOC and PCI compliance, and a transactional pricing model.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

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

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

Payment Processing for Collections (Lockbox, ACH, Card, IVR) (FSAKAJAJ)

akta.pro secondary industries

Omnichannel Acquirers (Unified In-store + Online) (FSAMABAH), Omnichannel Gateway Enablement (Online + In-store) (FSAMACAH), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• Payment processing platform
• Lender payment solutions
• ACH card processing
• Loan servicing payments
• Merchant transaction processing

Headquarters

HQ city

Oxford

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Processing Fees: OmniaPay charges transactional/usage-based fees for processing ACH, credit and debit card payments. The blog notes that transactional pricing models are typically lower cost than flat-rate models, indicating variable pricing based on transaction volume and type.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

OmniaPay is a payment processing platform that enables businesses—primarily lenders and loan servicers—to process ACH, credit card, and debit card payments. It offers secure iframe card capture, native integration with the Vergent LMS loan management system, customizable rule sets with hierarchical branch-level configuration, in-depth transaction reporting, chargeback support, and live human customer support. The platform supports both on-site and online payments across multiple business locations.

Product overview

OmniaPay is a single, unified payment processing platform. It offers a comprehensive solution for seamless ACH, credit, and debit card payment processing, designed to cater to businesses of all sizes, particularly lenders. The platform provides an intuitive user interface, secure iframe technology for card information handling, seamless integration with loan management systems (LMS), customizable rule sets and hierarchical setups, and enterprise-level security with SOC certifications and PCI compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• OmniaPay Payment Processing Platform A comprehensive payment processing platform that enables businesses—primarily lenders and loan servicers—to process ACH, credit, and debit card payments seamlessly. It offers secure iframe card handling, native integration with loan management systems, customizable rule sets and hierarchical setups, in-depth transaction reporting, chargeback support, live human support, and multiple loan funding and repayment options. Designed for lenders of any size from small businesses to large enterprises with multiple branches.

Quantifiable outcome

• Reduced transaction times and improved operational efficiency through streamlined payment processes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Vergent LMScoreOEM/ Whitelabel/ Licensing Partner · 17 July 2024Vergent LMS is the parent company and strategic partner that launched OmniaPay. As a leader in lending management solutions, Vergent LMS developed OmniaPay as its proprietary payment processing platform. The launch occurred on July 17, 2024, positioning OmniaPay as an integrated component of Vergent's loan servicing ecosystem. This relationship provides OmniaPay with established market access to Vergent's existing customer base of lenders and loan servicers.

Scale indicators1 record

Recent moves3 records

Expansion highlights4 records

Emerging players

• nCino: nCino is a cloud lending platform with embedded payment and servicing workflows in commercial and consumer lending. It is comparable to OmniaPay because it sits at the intersection of loan management and payment processing, much like OmniaPay's Vergent LMS integration.

Broad incumbents

• Finastra: Finastra is a large financial software provider covering lending, treasury, and payments across banks and specialty lenders. It is comparable as a broad incumbent offering integrated lending and payment functionality similar to OmniaPay's LMS-plus-payments positioning.
• Stripe: Stripe is a global incumbent in online payment processing and increasingly expands into lending and embedded finance. It is broadly comparable to OmniaPay as a payment processor, though much larger and more horizontal in its go-to-market.
• ACI Worldwide: ACI Worldwide operates real-time, omnichannel payment processing and fraud management infrastructure for banks and billers. It is a comparable incumbent in the space where OmniaPay competes for lender and biller payment volume.
• Square (Block): Block's Square provides omnichannel card and ACH processing for SMBs and larger merchants, with established compliance and pricing. It is an incumbent benchmark for OmniaPay's transactional pricing model and omnichannel payment methods.
• Black Knight: Black Knight provides technology, data, and analytics across the mortgage and consumer lending lifecycle, including loan servicing with integrated payment handling. Its scale and lender focus make it a relevant incumbent for OmniaPay's lending niche.
• Jack Henry: Jack Henry provides core banking and payment processing technology to banks and credit unions, including integrated loan servicing and payment acceptance. It is an incumbent provider in adjacent lending and depository workflows that OmniaPay's platform overlaps with.

Direct peers

• Tilled: Tilled is a pay-as-you-go payment processor that explicitly targets ISVs, lenders, and high-risk or hard-to-process verticals, taking a verticalized, partner-led approach similar to OmniaPay's stance with the Vergent LMS channel.
• Payrix: Payrix offers embedded payment processing for software platforms and lenders, with white-label and ISV distribution models that closely mirror OmniaPay's OEM-style integration with Vergent LMS.
• Dwolla: Dwolla provides ACH and open banking payment APIs with a strong focus on serving lenders, fintechs, and platforms that need to move money between bank accounts. It is directly comparable to OmniaPay's ACH-centric, lender-facing payment processing positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

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 OmniaPay