Payrix Awarded Recognition By The Financial Technology Report
The Financial Technology Report is pleased to announce The Top 100 Financial Technology Companies of 2021. This year’s recipients comprise a broad range of companies from well-known names like Square, Toast, and Robinhood to relatively newer but rapidly growing enterprises such as Dave, Petal, and Hippo. The diverse range of products and services offered through financial technology – payment processing, online and mobile banking, online lending, P2P payments, financial software and services to name a few – have led to the possibilities for transforming not only the financial industry, but other sectors such as hospitality, education, transportation, and fundraising, among others. Financial technology advancement creates an ecosystem where businesses can work more collaboratively and ultimately put more financial control in the hands of companies, business owners and consumers.
In today’s connected environment, financial solutions need to be accessible, uncomplicated, and robust in order to support our thriving and complex global economy, particularly when global crisis can quickly occur. Financial technology, once understood as technology applied to the back office of banks or trading firms, now describes a broad variety of innovations in personal and commercial finance. The pioneering companies noted in this list have one thing in common: they are nimbler than their traditional financial services predecessors, often finding white spaces in personal and commercial finance and providing faster, more streamlined, and highly individualized service. These awardees are evidence that financial technology has unquestionably evolved.
“Our team at Payrix is passionate about providing clients with a unique, all-in-one platform and white-glove approach to payment facilitation — to capitalize on opportunities for growth, innovation, and transformation,” said Eric Frazier, Chief Executive Officer at Payrix. “It is an honor to be named alongside so many other category leaders in fintech and a true testament to our team’s dedication, customer-centricity and expertise.”
As the leading expert and embedded payments technology partner for vertical software businesses, Payrix offers two solutions – a payfac as a service model to get you up and running quickly and maximizing every transaction and a payment infrastructure as a service model for registered payment facilitators. Recognition from The Financial Technology Report for Payrix is evidence of the quality of our products and client success, as well as management team caliber, organizational effectiveness and company growth. View the full list of 2021 honorees here.