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payix, inc.
Information by Research TrustFinance
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.
United States
Industry
Financial