Stax
Latest round
- Series D
Last raised
- Mar 2022
Total raised
- $263M
Investors
- 9
About Stax
Based in Florida, US, and founded in 2014, Fattmerchant, Inc. doing business as Stax, operates as a software-as-a-service (SaaS) company offering a financial payment and management platform to business owners and software companies., acquired Atlantic-Pacific Processing Systems (APPS). The firm has also acquired key companies like Fuse Bill, Payment Depot, and CardX. The payments technology company supports software platforms, independent software vendors (ISVs), and small to medium-sized businesses (SMBs) with multi-channel payment processing solutions., and CardX by Stax, which offers compliant surcharging solutions. These products support various payment methods, from in-person and online payments to mobile transactions and invoicing, as well as business analytics, e-commerce, and integration solutions for businesses. Stax generates revenue by offering its products under different subscription plans such as Starting subscription plan at USD 99 per month for processing up to USD 150,000, per year, USD 139 per month for processing USD 150,000 to USD 250,000 per year, etc. The October 2023, acquisition will support Stax to develop its technology and provide an improved customer experience to its clients.
Who invested in Stax
9 investors across 5 rounds
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Questions about Stax
Who invested in Stax?
Stax has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Stax raised?
Stax has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Stax last raise money?
Stax's most recent round on record is a Series D, in Mar 2022.
What does Stax do?
Based in Florida, US, and founded in 2014, Fattmerchant, Inc.
Where is Stax headquartered?
Stax is headquartered in Orlando, US.
Which VCs invest in companies like Stax?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Stax's stage. Their profiles are linked below.
VCs backing financial services startups at Series D
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