PayFacto Payments Inc
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PayFacto Payments Inc - overview
Established
2018
Location
Montreal, QC, Canada
Primary Industry
Financial Services
About
Based in Montreal, Canada, PayFacto Payments Inc. f/k/a Central Tax Inc. , is a payment technology company that was formed from the merger of B2Billing, CT-Payment, and Supreme Payments in October 2018. The company has offices across Canada, the US, and the UK, with over 30,000 clients internationally.
In August 2021, PayFacto Payments Inc. secured an equity investment of up to CAD 150 million from a consortium led by Flexpoint Ford alongside BMO Capital Partners. As of September 2021, Martin Leroux is the company's CEO and President. PayFacto Payments Inc.
develops payment processing solutions for merchant services including credit and debit POS terminals, online payment, risk management, and merchant rating and customer satisfaction. The company develops solutions for ISO and payment facilitators including merchant onboarding, transaction processing, risk and compliance, reconciliation, and reporting and analytics. PayFacto Payments Inc. also offers a fully agnostic payment gateway and payment switch for Visa, Mastercard, Discover, JCB, AMEX, and INTERAC card-present and online payment processing.
Additionally, the firm provides payment solutions for hospitality industry merchant operations with cloud, and mobile POS and payment solutions, and furthermore, it supports payment integration with Apple Pay and Google Pay. PayFacto Payments Inc. plans to use the funds to expand further in the United States, as well as to expand its product portfolio by launching a cloud-based point-of-sale system.
Current Investors
Flexpoint Ford, BMO Capital Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Application Integration Software
Website
www.payfacto.com
Verticals
Big Data, FinTech, FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
PayFacto Payments 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 | iShopFood Inc. | - | ||||||||
| Growth | Completed | PayFacto Payments Inc | - |
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