Stax

Fattmerchant is a subscription-based payment platform that offers credit card processing and online invoicing solutions to businesses. Read more

580 Followers on Owler
580 Followers on Owler
580 Followers on Owler
580 Followers on Owler

Stax

Fattmerchant is a subscription-based payment platform that offers credit card processing and online invoicing solutions to businesses. Read more

Suneera Madhani's photo - Co-Founder & CEO of Stax

Co-Founder & CEO

Suneera Madhani

CEO Approval Rating

56/100

Founded:

2014

Status:

PrivateIndependent Company

STAX TOP COMPETITORS OR ALTERNATIVES

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TSYS is Stax's biggest rival. TSYS was founded in 1983, and is headquartered in Columbus, Georgia. TSYS competes in the Transaction Services industry. TSYS generates $2.7B more revenue vs. Stax.

EVO Payments, Inc. is one of Stax's top competitors. EVO Payments, Inc.'s headquarters is in Atlanta, Georgia, and was founded in 1989. Like Stax, EVO Payments, Inc. also works within the Fintech sector. EVO Payments, Inc. generates 2,857% of Stax's revenue.

Elavon is seen as one of Stax's top competitors. Elavon is a Private company that was founded in 1991 in Atlanta, Georgia. Like Stax, Elavon also works within the Fintech sector. Compared to Stax, Elavon has 4,380 more employees.

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Stax Acquisitions

No recent acquisitions found related to Stax

Stax Funding History

Since Stax was founded in 2014, it has participated in 6 rounds of funding. In total Stax has raised $19.1M. Stax's last funding round was on Nov 2020 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Nov 2020
--

Greater Sum Ventures

Debt - PPP (CARES Act)
Apr 2020
$1M - $2M
Series C
Jul 2018
$10.5M
Series B
Oct 2017
$5.5M
Series A
May 2016
$1.3M

Since Stax was founded in 2014, it has participated in 6 rounds of funding. In total Stax has raised $19.1M. Stax's last funding round was on Nov 2020 for a total of $0

Stax Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Fusebill is an Ontario-based cloud platform that provides subscription billing management and payment processing solutions for businesses across the Globe.
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Mar 17, 2021
Corporate Round
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Stax News

March 16, 2021MarketScreener

With a Two-Year Revenue Growth of 467 Percent, Fattmerchant Ranks No. 18 on Inc. Magazine's List of Florida's Fastest-Growing Private Companies

(marketscreener.com) Companies on the 2021 Inc. 5000 Regionals: Florida list employed more than 83,00... See more »
March 10, 2021The Business Journals: Orlando

Orlando's Fattmerchant among top startup employers in the state

The company has seen a surge in recent growth over the last year.... See more »
March 1, 2021MarketScreener

Money Magazine Names Fattmerchant a Top Pick for Credit Card Processors of 2021

(marketscreener.com) ORLANDO, Fla., March 01, 2021 -- Fattmerchant, a leading provider of integrated ... See more »
December 4, 2020privateequitywire

Greater Sum Ventures makes majority investment in payments company Fattmerchant

Greater Sum Ventures makes majority investment in payments company Fattmerchant Submitted 04/12/2020 ... See more »
December 4, 2020The Business Journals: Orlando

Fattmerchant to expand after investment firm takes a majority stake

The firm recorded $10.9 million in 2019 revenue.... See more »
December 1, 2020Benzinga

Greater Sum Ventures Makes Majority Investment in Payments Company Fattmerchant

ORLANDO, Fla., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Entrepreneurial family office and growth equity firm... See more »

Stax Blogs

April 5, 2021Fattmerchant Blog

How Stax Connect Provided Value To Hindsite Customers

We sat with Hindsite's CEO, David Crary, to uncover how partnering with Stax Connect, has positively ... See more »
March 30, 2021Fattmerchant Blog

What are the Costs of Being Your Own Payments Facilitator

Payment Facilitation is the process by which a business such as a software company or ISV serves as t... See more »
March 30, 2021Fattmerchant Blog

Payfacs: What Do They Do?

As fintech continues to grow, many SaaS model companies are transitioning into becoming full-service ... See more »
March 30, 2021Fattmerchant Blog

What's a Payment Facilitator?

Previously, merchants who wanted to begin accepting credit card and debit card transactions needed to... See more »
March 28, 2021Fattmerchant Blog

How Digital Gift Cards Generated Revenue for Ambushed Salon

Amy Bush is the owner and operator at Ambushed Salon, a hair salon located in Gahanna, Ohio. At Ambus... See more »
March 12, 2021Fattmerchant Blog

Stax Connect vs. Stripe Connect

In the battle of best merchant payment services for SaaS platforms, who comes out on top? Today there... See more »
February 9, 2021Fattmerchant Blog

How To Choose A Credit Card Reader for Your Business

Whether you are trying to launch a new business or expand your existing operation, it's critical to h... See more »

Stax Press Releases

November 12, 2019centralcharts

Fattmerchant Lands Top 15% Spot on Deloitte's 2019 Technology Fast 500

ORLANDO, Fla., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Fattmerchant, a payment technology provider saving b... See more »
November 12, 2019centralcharts

Fattmerchant's Suneera Madhani Selected for Competitive EY Entrepreneurial Winning Women Class of 2019

ORLANDO, Fla. , Nov. 12, 2019 (GLOBE NEWSWIRE) -- EY announced today that Suneera Madhani, CEO and fo... See more »
May 3, 2018PRWeb

Fattmerchant and 3dcart Announce Partnership, Expanding Checkout Payment Options for Online Merchants

3dcart and Fattmerchant to offer combined ecommerce solution with transparent, money-saving payment p... See more »
July 13, 2017Business Press 24

Fattmerchant Saves Business Owners More than $8.6M in Processing Fees Since 2016

ORLANDO, FL -- (Marketwired) -- 07/13/17 -- , a payment processing provider at the forefront of Orlan... See more »
April 18, 2017Blackbird

Fattmerchant Expands Services to Accommodate Businesses of All Sizes and Transaction Volumes

Payment processing provider announces new flat-rate option to offer proprietary technology and servic... See more »
March 21, 2017Marketwired

Fattmerchant Continues Expansion with New Hiring Efforts in Orlando

Payment processing small business in Central Florida anticipates hiring 15 new employees by Q4 of 201... See more »
December 7, 2016Marketwired

Fattmerchant Announces Payment Processing Partnership with Juke Slot, Cashing in on the Casino Industry

Partnership allows top credit card processor to provide flat rate fees for venues ranging from casino... See more »

Stax Videos

September 18, 2019Fattmerchant Youtube Channel

"Learn About Fattmerchant" on YOUTUBE

January 30, 2019Fattmerchant Youtube Channel

"How to Add a Shop Now Button to Facebook" on YOUTUBE

August 16, 2018Fattmerchant Youtube Channel

"Biz w/ Liz: Real Talk" on YOUTUBE

Social Media

Stax Headquarters

618 E South Street Suite 510

Orlando, Florida32801

407-982-1782

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Stax Summary

ABOUT

Overview

Fattmerchant is a subscription-based payment platform that offers credit card processing and online invoicing solutions to businesses. Stax was founded in 2014. Stax's headquarters is located in Orlando, Florida, USA 32801. It has raised 19.1M in 6 ro...

CEO

Stax's Co-Founder & CEO, Suneera Madhani, currently has an approval rating of 56%. Stax's primary competitors are TSYS, EVO Payments, Inc. & Elavon.

Website

fattmerchant.com

Frequently Asked Questions about Stax

  1. When was Stax founded?

    Stax was founded in 2014
  2. Who is Stax's CEO?

    Stax's CEO is Suneera Madhani
  3. How much revenue does Stax generate?

    Stax generates $15M in revenue
  4. How much funding does Stax have?

    Stax has historically raised $19.1M in funding
  5. Where is Stax's headquarters?

    Stax's headquarters is in Orlando Florida, USA
  1. How many employees does Stax have?

    Stax has 120 employees
  2. What sector does Stax operate in?

    Stax is in Application Software, Fintech
  3. Who are Stax's competitors?

    Stax's top competitors are TSYS, EVO Payments, Inc., Elavon
  4. Who has Stax invested in?

    Stax's has invested in companies such as Fusebill