Welcome to our dedicated page for Repay Hldgs news (Ticker: RPAY), a resource for investors and traders seeking the latest updates and insights on Repay Hldgs stock.
Repay Holdings Corporation (NASDAQ: RPAY) is a data processing and hosting company that provides integrated payment processing solutions through a proprietary technology platform. This news page aggregates company announcements, business updates, and other disclosures related to REPAY’s operations in consumer and business payments.
Readers can expect coverage of quarterly financial results, including segment performance for Consumer Payments and Business Payments, as reported in earnings press releases and related materials. These updates often discuss metrics such as revenue, gross profit, and non-GAAP measures that management uses to evaluate the business, as well as commentary on trends within the company’s diversified payment model.
News items also highlight partnerships and technology integrations where REPAY embeds its payment capabilities into third-party platforms. Recent examples include integrations with automotive finance and compliance platforms, loan origination systems used by financial institutions, and accounts payable automation software. These announcements describe how REPAY’s payment technology supports multi-channel payment acceptance, automation, and detailed transaction tracking.
In addition, this feed includes corporate and governance developments such as leadership appointments, inducement equity awards, and board changes, which are often disclosed in coordination with SEC filings. Recognition of REPAY’s gateway performance by external analytics firms and other operational milestones may also appear here.
Investors, analysts, and industry participants can use this page to follow REPAY’s progress in its key vertical markets, monitor its financial reporting cadence, and review how new integrations and partnerships expand the reach of its payment processing platform. Returning to this page provides a centralized view of REPAY-related news as it is released.
Repay Holdings Corporation (NASDAQ: RPAY) announces an expansion of its integration with GOLDPoint Systems, enhancing payment solutions for lending companies. The key feature is the Instant Funding capability, allowing near real-time funding to borrowers’ eligible debit and prepaid cards, improving the customer experience by eliminating traditional funding delays. This integration aims to streamline the payment acceptance process, providing a competitive edge in the lending industry.
Repay Holdings Corporation (NASDAQ: RPAY) announced the appointment of Darin Horrocks as EVP, B2B Business, and Phillip Tau as VP of B2B Strategy and Business Development. These appointments aim to strengthen the company's B2B payments team amid growing demand. Horrocks has been pivotal since joining through the acquisition of cPayPlus, leading to significant client growth and strategic partnerships. The B2B payments market is projected to reach $200 trillion in the next decade, positioning REPAY favorably in this expanding sector.
REPAY Holdings Corporation (NASDAQ: RPAY) partners with Fairstone Financial Inc. to enhance customer experience through mobile payment solutions. The collaboration introduces an opt-in text-to-pay technology, allowing Fairstone’s customers to make loan payments via SMS, utilizing secure debit card transactions through Visa and Mastercard. This partnership aims to improve customer satisfaction by offering more flexible payment methods, addressing the growing demand for contactless payments. REPAY’s technology platform simplifies electronic payments, making it a strong ally for Fairstone's business objectives.
Repay Holdings Corporation (NASDAQ: RPAY) reported robust financial results for Q2 2021, with card payment volume reaching $4.6 billion, a 28% increase year-over-year. Total revenue grew by 33% to $48.4 million, while gross profit rose 29% to $35.7 million. Notably, the net loss decreased significantly to ($13.4) million, compared to ($83.2) million in Q2 2020. Adjusted EBITDA and net income increased by 26%, reaching $20.4 million and $14.0 million, respectively. The company has also updated its guidance for the full year 2021, anticipating total revenue between $214 million and $222 million.
Repay Holdings Corporation (NASDAQ: RPAY) announced its participation in a fireside chat at the Canaccord Genuity 41st Annual Growth Conference, scheduled for August 12, 2021, at 11:30 am ET. The event will be available for live webcast on the Company’s investor relations website, with an archive accessible for 90 days post-event. REPAY specializes in integrated payment solutions tailored for verticals with unique transaction needs, enhancing both merchant operations and consumer experiences.
Repay Holdings Corporation (NASDAQ: RPAY) will host a conference call on August 9, 2021, at 5:00 PM ET to discuss its second quarter 2021 financial results. The call will be led by CEO John Morris and CFO Tim Murphy, with a press release detailing the financial results expected to be issued following market close. Investors can access the conference call via the Company's investor relations website or by phone. A replay will be available shortly after the call, lasting until August 16, 2021.
Repay Holdings Corporation (NASDAQ: RPAY) announced a new technology integration with Provana, enhancing debt repayment and customer service applications. This collaboration allows Provana’s clients to utilize REPAY’s payment processing solutions within IConnect247®, streamlining previously cumbersome processes. The integration aims to improve operational efficiency and customer satisfaction, leveraging REPAY’s expertise in electronic payments. Susan Perlmutter, CRO of REPAY, expressed optimism about the partnership's potential to boost customer performance and profitability.
Repay Holdings Corporation (NASDAQ: RPAY) has launched its Vendor Payments Automation solution within Acumatica, aimed at enhancing accounts payable for small and midmarket businesses. This integration streamlines payment processes, improves efficiency, and reduces fraud risks by minimizing the need for sensitive information exchange with vendors. The solution offers comprehensive capabilities, including payment group creation, invoicing approval, automatic reconciliation, and custom reporting. REPAY is also a premier sponsor of the upcoming Acumatica Summit 2021, showcasing its automation solutions in Las Vegas.
Repay Holdings Corporation (NASDAQ: RPAY) announced a strategic partnership with Credit Management Company (CMC) to enhance payment solutions in the healthcare sector. This collaboration, facilitated through BillingTree, a REPAY subsidiary, aims to provide an omni-channel payment platform that streamlines payment processes for healthcare systems, providers, and patients. With over 55 years of experience, CMC is positioned as a vital partner in promoting digital payment solutions in healthcare, further solidifying REPAY's role as an innovator in integrated payment processing.
Repay Holdings Corporation (NASDAQ: RPAY) has entered a group purchasing agreement with Premier Inc., enhancing advanced accounts payable solutions. This collaboration, facilitated through CPS Payment Services, aims to streamline payment processes for healthcare providers. Using the TotalPay platform, hospitals can automate supplier payments and achieve substantial cash rebates. Premier represents a network of over 4,100 hospitals, focusing on improving healthcare delivery and reducing costs through integrated services.
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