nmi

NMI is a global leader in embedded payments, processing over $200 billion in payment volumes annually. The company offers a comprehensive suite of payment solutions, including payment gateway technology, merchant acquiring, underwriting, onboarding, and management platforms. NMI's mission is to deliver frictionless payment solutions across various channels—online, in-store, in-app, mobile, and unattended—providing modularity, flexibility, and choice to its partners. With a presence across six continents and a diverse client base, NMI plays a significant role in the financial services industry.

Key Strategic Focus

NMI's strategic focus centers on empowering Independent Sales Organizations (ISOs), software vendors, and payment professionals by offering innovative, integrated payment solutions. The company specializes in embedded payments, enabling partners to incorporate payment processing seamlessly into their platforms. Key technologies utilized include a robust payment gateway, support for over 125 shopping cart integrations, and compatibility with more than 200 processor options. NMI targets a broad market, including technology partners, merchants, and consumers seeking secure and efficient payment processing solutions.

Financials and Funding

As of March 2025, NMI's annual revenue reached $75 million. The company is backed by three prominent private equity firms specializing in payments and financial technology investments:

• Insight Partners: Specializes in high-growth technology and software companies, with investments in over 400 companies and more than $30 billion in capital commitments.

• Francisco Partners: Focuses on technology businesses, having raised over $24 billion in capital and invested in more than 200 companies over 20 years.

• Great Hill Partners: Has raised over $7.7 billion to finance the acquisition, recapitalization, and expansion of growth companies across various industries.

These investments have been instrumental in NMI's growth and expansion strategies.

Technological Platform and Innovation

NMI distinguishes itself through its proprietary payment gateway technology, which supports a wide array of payment methods and integrations. The company's platform offers:

• Proprietary Technologies: A modular and flexible payment gateway that facilitates seamless integration across various channels.

• Significant Scientific Methods: Utilization of advanced encryption and tokenization methods to ensure secure transactions.

• AI-Driven Capabilities: Implementation of machine learning algorithms to detect and prevent fraudulent activities, enhancing transaction security.

These innovations position NMI as a leader in providing secure and efficient payment processing solutions.

Leadership Team

NMI's executive leadership team comprises experienced professionals with extensive backgrounds in the payments and technology industries:

• Vijay Sondhi, Chief Executive Officer: An accomplished fintech executive and investor, Vijay has held senior roles at Visa, Oracle-Micros-Fidelio, OpenText-IXOS, and SAP.

• Scott Hart, Chief Financial Officer: With over two decades of experience, Scott has served as CFO at Venn LocalZone and held senior financial leadership roles at Kaseya and other tech-enabled growth companies.

• Peter Galvin, Chief Marketing Officer: A 20-year veteran of global technology organizations, Peter has held senior marketing leadership roles at Entrust, Proofpoint, nCipher, Openwave, Inktomi, and Oracle.

• Robert Hoblit, Chief Revenue Officer: With over 20 years in software and technology companies, Rob previously served as CRO of DigiCert and held senior positions at Symantec Website Security and McKinsey & Company.

• Kate Hampton, Chief Strategy Officer: Bringing 15 years of experience in the payments industry, Kate previously served as SVP of Product – Payments at Entrata and held management positions at Global Payments, Accelerated Payment Technologies, and CAM Commerce.

• Tiffany Johnson, Chief Product Officer: With over 15 years of product leadership experience in payments and fintech, Tiffany has held senior roles at Green Dot and Railsr, focusing on banking, payments, and financial inclusion.

• Phillip Goericke, Chief Technology Officer: Bringing more than 15 years of experience in software development, Phillip previously served as VP of Product Engineering at Alkami Technology.

Competitor Profile

NMI operates in a competitive landscape with several key players:

• Authorize.Net: Provides payment gateway services enabling merchants to accept credit card and electronic check payments.

• CyberSource: Offers payment processing and fraud management solutions for online and in-person transactions.

• PaySimple: Delivers integrated payment solutions tailored for small businesses.

• PayJunction: Provides payment processing solutions with a focus on simplifying integration for developers and businesses.

These competitors offer similar services, emphasizing the importance of NMI's continuous innovation and customer-centric approach to maintain its market position.

Strategic Collaborations and Partnerships

NMI has established significant partnerships to enhance its market position and innovation capacity:

• Acquisition of Creditcall: In 2018, NMI acquired Creditcall, a payment service provider specializing in EMV and contactless payment solutions, expanding NMI's omnichannel capabilities.

• Acquisition of USAePay: In 2021, NMI acquired USAePay, further expanding its omnichannel payment offerings.

These strategic moves have strengthened NMI's capabilities and market reach.

Operational Insights

NMI's strategic considerations include:

• Market Position: As a global leader in embedded payments, NMI's comprehensive solutions and extensive partner network provide a competitive edge.

• Competitive Advantages: NMI's modular and flexible platform, extensive integrations, and commitment to innovation differentiate it from competitors.

• Distinct Differentiators: The company's focus on empowering partners with customizable solutions and its robust technological infrastructure set it apart in the industry.

Strategic Opportunities and Future Directions

Looking ahead, NMI aims to:

• Expand Market Reach: Continue growing its global presence by forming new partnerships and entering emerging markets.

• Enhance Technological Capabilities: Invest in research and development to introduce innovative features and maintain a competitive edge.

• Strengthen Partner Relationships: Focus on providing value-added services to partners, fostering long-term collaborations.

By leveraging its current strengths and strategic initiatives, NMI is well-positioned to achieve its future objectives in the evolving payments landscape.

Contact Information

For further inquiries, please visit NMI's official website or LinkedIn profile.