Exact Payments is a leading provider of embedded payment solutions for SaaS businesses, offering a turnkey PayFac-as-a-Service solution that streamlines payment monetization. With a focus on enhancing customer experience and driving revenue growth, their platform processes over 1 billion transactions and $130 billion in annual processing volume for major clients. Their client portfolio includes reputable brands such as Fiserv, Ordway, Cineplex, Allianz, Levi’s, and Carfax. Integrated with top processors in the US and Canada, including Elavon, Fiserv, Global Payments\/TSYS, Chase Canada, and Moneris, Exact Payments prioritizes performance and reliability, serving over 10,000 merchant clients while maintaining 99.99% uptime availability with less than one second transaction response times.
Founded in 1999 as E-xact Transactions LTD, the company evolved from a payment gateway provider to an innovative embedded payments technology and services provider. In November 2020, Platform Partners LLC acquired a controlling interest in the company to drive further innovation. Under the leadership of Phil Levy as the Chief Executive Officer, the company benefits from extensive experience in the payments and financial services sectors, with a leadership team comprising talent from PayPal, Lyft, Uber, Finix, Credit Suisse, and Ernst & Young.
Exact Payment's focus on streamlining payments and driving revenue growth positions it as a compelling opportunity for potential investment, aligning with the rapid growth and innovation in the SaaS industry.