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8am provides payment processing solutions tailored for professional services, serving law firms, accounting firms, design professionals, associations, and nonprofits on a B2B basis. Its flagship products include LawPay, CPACharge, AffiniPay for Associations, DesignPay, and ClientPay, which enable secure, compliant payments and help track cash flow. Compared with competitors, 8am specializes in industry-specific workflows for professional services, emphasizing security, regulatory compliance, and clear reporting within clients’ existing processes. Its goal is to be a trusted partner for professional firms by delivering reliable, efficient, and compliant payment processing that improves cash flow and client experience.
Industries
Enterprise Software
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
N/A
Headquarters
Austin, Texas
Founded
2005
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8am, a professional business platform for legal and accounting firms, has launched enhanced AI capabilities for its 8am IQ product to address fragmented data challenges in legal work. The new features include 8am IQ Discovery Assistant, which uses optical character recognition to convert scanned documents and images into searchable text, and an upgraded 8am IQ Case Assistant. Discovery Assistant tackles a significant problem: 35% of documents uploaded to 8am's MyCase platform are image-based files previously invisible to search. The enhanced Case Assistant now draws insights from documents, client communications and financials, allowing legal professionals to quickly surface information across entire matters. Research shows legal professionals spend over 50 hours monthly searching for documents, with 61% of AI users reporting multiple hours saved weekly. Founded in 2005, 8am processes over $27 billion in payments annually and serves more than 270,000 professionals across North America.
8am, a fintech platform for legal and accounting professionals, has appointed Jeff Hughes as chief executive officer. Hughes joined the company's board in 2024 and brings 30 years of experience scaling growth businesses across multiple sectors. Hughes most recently served as CEO of Enverus, where he led the company to 6x revenue growth from 2016 to 2024 through software innovation and over 20 acquisitions during Genstar Capital's majority ownership. He succeeds Dru Armstrong, who led 8am for nearly five years through significant expansion, including the acquisition of MyCase and company-wide rebranding. Armstrong stepped down following a board decision on leadership transition timing. Founded in 2005, 8am processes over $27 billion in payments annually and serves more than 260,000 professionals across North America. The company is backed by Genstar Capital and TA Associates.
8am has expanded its LawPay platform into a complete financial management solution, uniting payments, invoicing, time tracking and reporting in one workspace. The company aims to help law firms address challenges with fee collection, expense tracking and fragmented systems that lead to missed revenue and compliance issues. A key feature is 8am Smart Spend for LawPay, an automated expense management solution powered by the 8am Visa Business Card. When used, expense details and receipts are automatically recorded and linked to client invoices, reducing manual reconciliation and preventing revenue leakage. The enhanced platform includes centralised billing and payments, matter-specific trust accounting with IOLTA compliance, and real-time reporting dashboards. Founded in 2005, 8am serves over 260,000 professionals across North America and has been recognised for 14 consecutive years on Inc. 5000's fastest-growing companies list.
AffiniPay has been recognized as one of Inc. 5000's fastest-growing companies for 13 years in a row.
AffiniPay appoints Leslie Witt as Chief Product Officer.
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Industries
Enterprise Software
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
N/A
Headquarters
Austin, Texas
Founded
2005
Find jobs on Simplify and start your career today