Iroquois Merchant Services, Inc.

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Iroquois Merchant Services, Inc. - overview

Established

2014

Location

Nashville, TN, US

Primary Industry

Financial Services

About

Founded in 2014 and based in Tennesse, US, Iroquois Merchant Services, Inc. operates as a financial services company that provides payment processing services. The CEO of the company is Daniel Mcgugin. In April 2022, Payroc LLC, a portfolio company of BluePay Canada ULC, NXGEN International/First Financial Merchant Services, LLC, and Parthenon Capital, acquired Iroquois Merchant Services, Inc.


Iroquois Merchant Services, Inc. provides independent sales organization (ISO) and merchant service provider (MSP) services along with credit card-based payment processing solutions and services for various businesses, government institutions, and non-profit organizations. The company offers mobile processing services that enable customers to accept, process, and track their payments; provides credit card terminals and devices to make credit card payments; provides access to loyalty rewards, offers, promotions, and gift cards; provides check services that convert paper checks into electronic transactions, and also provides an e-commerce gateway for making payments. The company also offers Zero Cost Credit Card Processing service that allows businesses to pass the transaction fees to their customer while keeping the whole amount of the credit card sale.


Iroquois Merchant Services, Inc. plans to expand in integrated payments, payment facilitation, and international processing as a result of the acquisition, while also providing its sales channels and customers with dependable core payment processing solutions.


Current Investors

BluePay Canada ULC, NXGEN International/First Financial Merchant Services, LLC, Payroc World Access, LLC

Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.iroquoisms.com

Verticals

Big Data, FinTech, FinTech, Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Iroquois Merchant Services, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedIroquois Merchant Services, Inc.-

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