- Business
- Repay Holdings Corporation (NASDAQ: RPAYW), a payments technology company founded in 2006 and headquartered in Atlanta, Georgia, provides integrated payment processing solutions to industry-specific vertical markets including personal loans, automotive loans, receivables management, business-to-business, credit unions, mortgage servicing, consumer healthcare and diversified retail; its offerings encompass omnichannel consumer payment acceptance via web, mobile, interactive voice response, text and point-of-sale equipment, accounts payable and accounts receivable automation, debit and credit card processing, virtual credit card processing, ACH processing, instant funding to debit or prepaid cards, clearing and settlement services, eCash conversion and digital wallet services. The company operates primarily through its Consumer Payments segment, which accounts for the majority of revenue and targets lenders and credit unions with loan management system integrations, real-time posting and compliance tools, and its Business Payments segment, which serves mid-market and enterprise businesses across verticals such as auto, healthcare and field services with enterprise resource planning integrations, supplier networks and enhanced transaction data. Repay Holdings focuses on embedding its proprietary technology platform into client software for seamless electronic payments, serving clients across the United States with over 280 software integrations and billions in annual card payment volume.
In recent developments, the company was taken private in October 2023 by Corsair Capital in a transaction valued at approximately $1.3 billion following its initial public listing via SPAC merger in 2019; it completed 11 acquisitions by July 2025, including Payix to strengthen automotive capabilities, cPayPlus for accounts payable automation, TriSource, Ventanex and BillingTree to expand into B2B, healthcare and credit unions, thereby broadening its technology portfolio and client base. During third quarter 2025, Repay Holdings reported stable growth with $77.7 million in revenue, retired $73.5 million of convertible notes, repurchased $15.6 million of shares under an expanded $75 million program and generated continued free cash flow, while enhancing integrations such as with MeridianLink and achieving 19% year-over-year growth in Instant Funding transactions supported by its partner ecosystem. Leadership includes co-founders John Morris as CEO and Shaler Alias as President, alongside recent additions like Chief Financial Officer Rob Houser in 2025, underscoring its focus on strategic growth, M&A integration and operational efficiency under private ownership.