OnPay Solutions, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
OnPay Solutions, Inc. - overview
Established
2009
Location
Jacksonville, FL, US
Primary Industry
Financial Services
About
Based in Florida, US, and founded in 2009, OnPay Solutions, Inc, assists its clients in streamlining their AP operations and lowering costs by automating their invoice payments. In March 2022, Medius AB, a portfolio company of Advent International and Marlin Equity Partners, acquired OnPay Solutions, Inc. As of March 2022 Neal Anderson is the President and CEO of the firm. OnPay Solutions, automates, streamlines, and optimizes accounts payable payments and processes.
The firm provides bank-level data security to eliminate fraud and data breach concerns and the firm’s accounts payable software ensures a quick return on investment. Additionally, the firm automates all payments, including checks, ACH, wire transfers, and virtual cards, with a single file upload.
Current Investors
Medius Sverige AB, PS27 Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.onpaysolutions.com
Verticals
FinTech, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
OnPay Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | OnPay Solutions, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.