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Priority Technology Holdings Inc

7.72
+0.46006.34%
Post-market: 8.160.4400+5.70%17:20 EDT
Volume:434.45K
Turnover:3.34M
Market Cap:613.89M
PE:-25.13
High:7.84
Open:7.41
Low:7.21
Close:7.26
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Company Profile

Company Name:
Priority Technology Holdings Inc
Exchange:
NASDAQ
Establishment Date:
2005
Employees:
1012
Office Location:
2001 Westside Parkway,Suite 155,Alpharetta,Georgia,United States
Zip Code:
30004
Fax:
- -
Introduction:
Priority Technology Holdings, Inc. operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing. The company also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, it provides curated managed services; payment-adjacent technologies to facilitate the acceptance of electronic payments from customers; and Plastiq payables management software, which helps businesses in improving cash flow with instant access to working capital. Further, the company offers embedded finance and BaaS solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. It serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. The company was founded in 2005 and is headquartered in Alpharetta, Georgia.

Directors

Name
Position
Joshua Sason
Chief Executive Officer and Director
Marc Manuel
Chief Financial Officer and Director
David Schulhof
Director
Donald S. Ienner
Director
Samuel S. Holdsworth
Director

Shareholders

Name
Position
Joshua Sason
Chief Executive Officer and Director
Marc Manuel
Chief Financial Officer and Director
Russell Rieger
Vice President of Strategy