APEXX Global Market Research Report
Company Overview
Name: APEXX Fintech Limited
Mission: To be the payment industry's most merchant-centric provider by offering a platform that connects merchants to the world's payment ecosystem through a simple API connection.
Founding Year: 2015
Founders:
- Rodney Bain (Co-Founder & President, USA)
- Peter Keenan (CEO & Co-Founder)
- Toreson Lloyd (CCO & Co-Founder)
Key People:
- Rodney Bain — President, USA & Co-Founder
- Peter Keenan — CEO & Co-Founder
- Toreson Lloyd — CCO & Co-Founder
- Rajesh Nichani — Chief Technology Officer
- JJ — SVP Customer Experience
- Carmela Borrotzu-Evans — SVP Finance
- Katherine Wesolowski — General Counsel
- Billy Asif — Head of Product
Headquarters: First Floor, 69 Turnmill Street, Farringdon, London, EC1M 5RR, United Kingdom
Number of Employees: No information is available
Revenue: No information is available
Known For: A global Payment Orchestration Platform built for enterprise customers, simplifying a complex payments ecosystem.
Products
Payment Orchestration Platform
Description: A robust platform designed for enterprise merchants that connects them to the global payment ecosystem through a simple API. It aims to maximize conversion rates, limit costs, and simplify the payment process while future-proofing the merchant's payment stack.
Key Features:
- Global eCommerce: Offers a one-stop shop for all payment requirements.
- Bespoke Consulting: Specializes in negotiating rates on behalf of the merchant.
- Intelligent Routing: Routes transactions based on key criteria to improve sales and reduce costs.
- Unlimited Alternative Payment Methods (APMs): Provides a wide range of payment methods to help businesses grow globally.
- 3-D Secure (3DS): Additional security layer for card-not-present transactions.
- Buy Now, Pay Later (BNPL): Allows installment payments for customers.
- Point-of-Sale (POS) Transaction Processing: Processes POS transactions through a merchant’s site.
- Pay by Link: Enables payments through a simple email link.
- Virtual Terminal: Facilitates payments over the phone via a secure portal.
- RESTful API & Hosted Payment Page: Secure methods for submitting payment details.
- Analytics: Provides comprehensive and customizable transaction reports.
- Fraud Control: Supports third-party fraud detection solutions.
- Tokenization: Enables subscription or recurring payments without storing sensitive card data.
Recent Developments
2023:
- Sophia Melas joins as VP Sales
- Partnership with Internova: To transform global travel payments.
- Partnership with Klarna: To offer flexible payments globally.
- Series B Fundraise: Raised $25 million to expand presence in North America and enhance the payment orchestration platform.
- Strategic Partnership with PayPal: Enabling far-reaching processing.
- New London HQ: Relocated and upsized headquarters to Farringdon.
2022:
- Processing Relationship with Ryanair and CarTrawler: Processing volume surged to over £1 billion.
- US Expansion: Opened offices in New York City, Pune, and Bangalore.
- Strategic Partnerships: Signed deals with ASOS, Avon, Scott Dunn, Ryanair, and other high-profile clients.
- Product Launch: Surcharge Inspector, the first global tool of its kind.
2021:
- COVID-19 Response: Successfully raised $10 million in Series A funding.
- High-Profile Partnerships: Formed collaborations with Tier 1 merchants such as ASOS and strategic partners like PayPal.
- Launch of New Products: Introduced a feature-rich APEXX Portal and expanded fraud control services.
Key Partnerships:
- Internova: To enhance global travel payments.
- Klarna: For flexible payment solutions.
- CarTrawler and Ryanair: For improved payment acceptance.
- ESW: To streamline payments for US and Canadian transactions.
- Worldline: Partners to provide access to 12 BNPL platforms globally.
- Trustly: To modernize recurring payment experiences.
Conclusion
APEXX Global has rapidly evolved since its founding in 2015, becoming a leader in the payment orchestration market. The company is recognized for its innovative solutions, strategic partnerships, and strong global presence. APEXX continues to grow, offering sophisticated payment solutions and expanding its portfolio of products and services to meet the evolving needs of enterprise merchants.