- CEO
- Suresh Yannamani
- Full Time Employees
- 12,600
- Sector
- Technology
- Industry
- Software - Application
- Address
- 2701 East Grauwyler Road Irving TX United States of America 75061
- IPO Date
- Mar 23, 2022
- Business
- Exela Technologies, Inc. (XELAP) provides transaction processing solutions, enterprise information management, document management, and digital business process automation services worldwide. The company operates through three segments: Information and Transaction Processing Solutions (ITPS), offering lending solutions for mortgages and auto loans, banking solutions for clearing, anti-money laundering, and cross-border settlement, property and casualty insurance solutions for claims processing and benefits administration, public sector solutions for tax processing and records management, payment processing, receivables and payables management, and related software and hardware; Healthcare Solutions (HS), delivering revenue cycle management, accounts payable and receivable integration, claims adjudication, enrollment processing, medical coding, and records management for payers and providers; and Legal and Loss Prevention Services (LLPS), providing class action settlement administration, litigation consulting, economic analysis, expert witness services, and revenue recovery. Exela offers additional solutions including liquidity management, human capital management for payroll and recruitment, PCH Global claims processing platform, payment technologies, data science, hyper automation, work from anywhere services, Exela Smart Office for workplace automation, treasury-as-a-service, and XBP for accounts payable and receivable optimization. Founded in 2014 through the 2017 combination of SourceHOV and Novitex and headquartered in Irving, Texas, the company serves Fortune 500 firms, government agencies, healthcare organizations, and other clients across financial services, insurance, public sector, legal, and healthcare industries in more than 50 countries with over 14,000 employees and facilities worldwide. In recent developments, Exela Technologies BPA, LLC, its core business process automation unit, was acquired by XBP Europe Holdings, Inc. in July 2025 for a combined equity valuation of $585.7 million, leading to XBP Europe's name change to XBP Global Holdings, Inc.; the company also formed a strategic partnership with Michael Page in January 2025 to expand finance and accounting outsourcing services globally using build-operate-transfer and business process-as-a-service models, and partnered with AIDEO Technologies in 2024 to integrate AI autonomous coding into its PCH Global healthcare platform.