Payrix Solutions, LLC
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Payrix Solutions, LLC - overview
Established
2015
Location
Frisco, TX, US
Primary Industry
Financial Services
About
Based in Texas, US, and founded in 2015 by Chief Executive Officer Boruch Greenberg and Chief Strategy Officer Benny Silberstein, Payrix Solutions, LLC operates as a financial services company providing an application integration solution that supports businesses optimize online payments. In October 2020, Payrix Solutions, LLC raised USD 30. 75 million in series A funding co-led by returning investors PSG Equity and Blue Star Innovation Partners. The round was part of a larger USD 50 million series A funding.
In February 2022, FIS Wealth Management Services, Inc. acquired Payrix Solutions, LLC from Blue Star Innovation Partners and PSG Equity for an undisclosed amount. Payrix Solutions, LLC provides embedded payment platform, which is an omnichannel payment solutions providing payFac-as-a-service, PayFac, and referral payments allowing businesses to handle payments while Payrix manages risk and compliance. It allows users risk mitigation tool to manage and mitigate risks, including transaction fraud management, PCI compliance, and data security through tokenization.
The company offers application performance interface, that enables integration of payment solutions into software platforms. As of 2024, the firm provides its services to clients including RealGreen, Fitdegree, Neon One, Storable, Kangaroo time, Infinite Campus, and many more.
Current Investors
Blue Star Innovation Partners, PSG Equity
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Application Integration Software
Website
www.payrix.com
Verticals
Cloud Computing, FinTech, RegTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
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