Company Information

Get to know payix, inc.

Founded in 2016, Payix, Inc. specialized in creating innovative collections tools and payment processing solutions for the lending industry, particularly in the auto finance sector. The company's platform was designed to reduce servicing costs and improve the borrower experience by offering a suite of services, including a borrower-facing mobile app, an online payment portal, and text-based and interactive voice response (IVR) payment options. In September 2021, Payix was acquired by Repay Holdings Corporation (REPAY), a leading provider of vertically-integrated payment solutions. Payix's technology and team have since been integrated into REPAY's operations to enhance its offerings for the automotive and other consumer lending markets.

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Financial Other Service

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payix, inc.

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.