Priority Technology Holdings Inc (PRTH) Financial

Priority Technology Holdings, Inc. engages in the provision of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. The company is headquartered in Alpharetta, Georgia and currently employs 1,005 full-time employees. The company went IPO on 2016-09-14. The firm has three segments. The SMB Payments segment provides full-service acquiring and payment-enabled solutions for business-to-consumer transactions, leveraging its proprietary software platform, distributed through independent sales organizations (ISO), direct sales and vertically focused independent software vendor (ISV) channels. The B2B Payments segment provides accounts payable (AP) automation solutions to corporations, software partners and financial institutions (FI), including Citibank, Visa and Mastercard. The Enterprise Payments segment provides embedded finance and BaaS solutions to customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.