AffiniPay

AffiniPay

Payment processing solutions for professionals

About AffiniPay

Simplify's Rating
Why AffiniPay is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Austin, Texas

Founded

2005

Overview

AffiniPay provides payment solutions specifically designed for professionals in various industries, including legal, accounting, design, and associations. Its main products, such as LawPay and CPACharge, offer customized payment processing systems that help clients manage transactions securely and efficiently. AffiniPay's services focus on ensuring compliance with industry standards, which is essential for clients handling sensitive financial information. Unlike many competitors, AffiniPay tailors its solutions to meet the unique needs of professional services, enhancing the client experience and improving cash flow. The company's goal is to be a trusted partner for professionals by streamlining their payment processes and providing robust reporting features.

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Simplify's Take

What believers are saying

  • AffiniPay's AI-powered features enhance payment processing and management software.
  • Significant investment from Genstar Capital supports expansion in embedded financial services.
  • AffiniPay's consistent growth is recognized by its inclusion in the Inc. 5000 list.

What critics are saying

  • AffiniPay is up for sale, potentially leading to strategic changes.
  • Increased competition from niche payment companies acquired by larger firms.
  • Rapid AI adoption in the industry may outpace AffiniPay's current offerings.

What makes AffiniPay unique

  • AffiniPay specializes in payment solutions for professional services like legal and accounting.
  • The company offers industry-specific platforms such as LawPay and CPACharge.
  • AffiniPay emphasizes security and compliance, crucial for handling sensitive financial information.

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Company News

The Financial Technology Report
Apr 2nd, 2025
AffiniPay Releases 2025 Legal Industry Report on Technology Adoption, Financial Wellness, and The Future of Work

AffiniPay has introduced AI-powered features within MyCase and Docketwise, with additional tools planned for release under LawPay and CASEpeer IQ later this year.

PYMNTS
Feb 26th, 2025
Self-Service Payments Firm Cantaloupe Reportedly Weighs Sale

Self-service payments technology and software company Cantaloupe is reportedly considering putting itself up for sale.It’s one of the strategic offerings the company is weighing, along with a go-private transaction, Reuters reported Tuesday (Feb. 25), citing unnamed sources.The company provides payments technology to power transactions in self-service situations, such as car washes or vending machines.Cantaloupe did not immediately reply to PYMNTS’ request for comment.Mergers and acquisitions in the digital payments space have come sporadically in the last two years, per the report. However, deals have been more robust for niche payment companies as larger firms look to bolster their offerings and as private equity firms increase their investments in the digital payments space.For example, payments company Shift4 announced this month it would acquire tax-free shopping-focused Global Blue in a deal worth $2.5 billion, which CEO Jared Isaacman referred to as the “most significant” in the firm’s history.Last year, Genstar Capital announced it bought a stake in AffiniPay, which provides payments to professionals like accountants and lawyers.Months earlier, Canadian payments firm Nuvei was purchased by private equity outfit Advent International in a $6.3 billion deal.Cantaloupe CEO Ravi Venkatesan discussed with PYMNTS the challenges of providing a frictionless experience for consumers making self-service payments in an interview posted Wednesday (Feb. 26).For example, Amazon made headlines years ago with Amazon Go, its retail store concept powered by Just Walk Out technology. Although those efforts have been scaled back, Amazon Go opened observers’ eyes to what is possible.“The mass market product is likely a convenience store where the traditional experience is still there, but there’s a grab-and-go section,” Venkatesan said. “People will gravitate there and then, slowly, that grab-and-go section will become bigger.”There is potential to modernize retail so the experience melds shopping, buying and exiting the store, he said

Business Wire
Jan 9th, 2025
AffiniPay Appoints Nathan Waite as Chief Revenue Officer

AffiniPay appoints Nathan Waite as Chief Revenue Officer.

O'Dwyer's
Sep 11th, 2024
On the Move: Avalere Health Adds Safeio

AffiniPay, a provider of legal practice management software, integrated payments and embedded fintech solutions for professionals, hires Nate Skinner as CMO.

Business Wire
Sep 10th, 2024
AffiniPay Appoints Nate Skinner as Chief Marketing Officer

AffiniPay was also recently named to Inc. 5000's Fastest Growing Companies List for the 13th year in a row and a Top 25 Payment Technology company in 2024 by The Financial Technology Report.

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