AffiniPay Company Market Research Report
Company Overview
Name
AffiniPay
Mission
Empowering professionals to pursue their passion by providing essential tools to help them focus on the work they love.
Founded
AffiniPay was founded in 2005.
Key People
- Dru Armstrong, CEO
- Christian Fadel, CFO
- Bryan Thompson, CTO
- Nate Skinner, CMO
- Greg Haney, EVP of Operations
- Erin Brooks, EVP of People Resources
- Nathan Pace, EVP Corporate Development and Transformation
- Catherine Dawson, General Counsel
- Steven Silberbach, Chief Sales Officer
Board Members
- Robert Alvarez, Former CFO, Big Commerce
- M. Roy Burns, Managing Director, TA Associates
- Michael Carajohn, VP, Apax
- Matt Flake, President and CEO, Q2
- Stuart Harvey, Former Chairman Paysafe Group; Former Chairman/CEO Ceridian Corp; Former CEO Elavon Global Acquiring
- Clara M. Jackson, Principal, TA Associates
- John Porter, Investor, Skylark
Headquarters
Austin, Texas, USA
Number of Employees
Over 500 employees
Revenue
No specific revenue information is available. However, AffiniPay has demonstrated a 3-year revenue growth of 217%.
Known For
AffiniPay is known for its leadership in practice management software and online payments for professionals across various industries including legal, accounting, architectural, engineering, and construction.
Products
LawPay
A marquee payments platform for the legal industry, trusted to help legal professionals maintain ABA and IOLTA compliance and facilitate faster payments.
CPACharge
A payments platform designed specifically for accounting professionals offering robust reporting and reconciliation features.
ClientPay
An online payment solution for professionals in architecture, engineering, design, and construction.
AffiniPay for Associations
Streamlines operations for associations and nonprofits by accepting member payments with security and ease.
MyCase
Legal case management software designed to support the full client lifecycle, from lead management to billing and invoicing.
CASEpeer
Legal practice management tools tailored for personal injury law firms.
Docketwise
Provides a suite of features for managing immigration law cases, including invoicing and calendaring.
Woodpecker
Facilitates quick and accurate creation of Word-based legal documents.
Key Features
- Comprehensive suite of practice management solutions
- Integrated fintech and payment services
- Advanced technology in security and online payment processing
Recent Developments
New Products and Features
- AffiniPay IQ: Launched as a generative AI platform for legal tech, intended to incorporate AI solutions securely into daily workflows for legal professionals.
- MyCase Smart Spend: Introduced as the first business credit card and spend management offering in the legal industry, powered by LawPay Visa Credit Card.
- In-Person Payments Options: Expanded offerings to modernize the client payment cycle with versatile options.
New Partnerships
- Investment by Genstar Capital and TA Associates: Transitioned to a strategic phase with new investments to drive AffiniPay's growth and expansion in practice management and embedded financial services.
Leadership Changes
- Appointment of Nate Skinner as CMO: Previously linked to Onfido, Oracle, and Salesforce, Nate Skinner's addition aims at empowering AffiniPay’s market growth and customer engagement across industries.
Awards and Recognition
- Named to the Inc. 5000 List of Fastest-Growing Companies for the 13th consecutive year.
- Recognized as a Top 25 Payment Technology company by The Financial Technology Report.
- CEO Dru Armstrong was listed as one of Austin's Top 25 CEOs of 2024 by Key Executives Publication.
Other Key Developments
- Exceeded $125 million processing volume milestone with a pay-over-time solution for legal fees, enhancing access to legal services.
- Expanded operations into Puerto Rico to extend their suite of solutions for legal professionals beyond borders.
(Note: For several areas of financial and specific product revenue data, no detailed information is available.)
