Summary
Priority Technology Holdings, Inc. operates as a payment technology company in the United States. It operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business Payments, and Enterprise Payments. The company offers MX product line, including MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing as our leverage point. It also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, the company provides curated managed services and a suite of integrated accounts payable automation solutions to various financial institutions and card networks; and payment-adjacent technologies to facilitate the acceptance of electronic payments from customers. Further, it offers embedded payment and banking solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. The company serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia.
History
Priority Technology Holdings, Inc. was founded in 1996, and was publicly traded in 2005. Since then, Priority Technology Holdings, Inc. has focused its investments and acquisitions in the financial technology sector, which includes software, payments, and market data analytics.
Mission
To improve financial inclusion and access to financial services by providing innovative and cost-effective financial technology solutions.
Vision
To develop a comprehensive suite of fintech solutions enabling financial service providers to grow their businesses and provide better customer experiences.
Key Team
Mr. Rajiv Kumar (Sr. VP & Chief Accounting Officer)
Mr. Bradley J. Miller (Gen. Counsel, Chief Risk Officer & Corp. Sec.)
Mr. David Faupel (Chief Marketing Officer)
Mayrov Eagan (Sr. VP of HR)
Mr. Sean M. Kiewiet (Chief Strategy Officer)
Ms. Pamela Tefft (Sr. VP of Fin.)
Anthony Martin Bonventre (Exec. VP of Operations)
Recognition and Awards
Priority Technology Holdings, Inc. is a recipient of the Fintech Pioneer Award and the Financial Times Innovation Award for its innovative technology and customer service solutions.
References