Priority Technology Holdings, Inc.

Priority Technology Holdings, Inc. is a payment technology company operating in the United States. Its operations are structured into three segments: Merchant Solutions, Payables, and Treasury Solutions. The Merchant Solutions segment offers full-service acquiring and payment-enabled solutions for B2C transactions, leveraging a proprietary software platform distributed through independent sales organizations, direct sales, and vertically focused ISVs. It also provides the MX product suite, including MX Connect and MX Merchant, which help manage business functions and revenue performance. The Payables segment offers CPX, an accounts payable automation platform supporting virtual cards, purchase cards, ACH+, dynamic discounting, and checks. The Treasury Solutions segment provides embedded finance and Banking-as-a-Service (BaaS) solutions to modernize legacy platforms and monetize payments for software partners.

Priority Technology Holdings, Inc. is listed on the NasdaqCM exchange under the ticker symbol PRTH. Its shares are traded in U.S. dollars (USD), as the company is based in the United States and operates primarily in the U.S. market. The exchange and currency reflect the company's domestic listing and the primary currency used for its financial reporting and transactions.

Priority Technology Holdings, Inc. is classified under the Technology sector and the Software - Infrastructure industry. This means the company develops and provides software-based infrastructure solutions, specifically in the payment technology space. Its software platforms support payment processing, accounts payable automation, and embedded finance services, aligning with the broader technology sector's focus on digital solutions and the software infrastructure industry's emphasis on foundational systems for business operations.

Priority Technology Holdings, Inc. is headquartered in Alpharetta, Georgia, United States. The company serves small and medium-sized businesses (SMBs) and enterprises, as well as distribution partners including retail and wholesale independent sales organizations, financial institutions, and independent software vendors (ISVs) and value-added resellers. Its operations are focused on the U.S. market, providing payment technology solutions across various channels.

Priority Technology Holdings, Inc. generates revenue through its three business segments: Merchant Solutions, Payables, and Treasury Solutions. The Merchant Solutions segment earns fees from payment processing services for B2C transactions, including full-service acquiring and payment-enabled solutions distributed via independent sales organizations and ISVs. The Payables segment generates revenue from its CPX platform, which offers accounts payable automation solutions such as virtual cards, purchase cards, and ACH+ services. The Treasury Solutions segment provides embedded finance and Banking-as-a-Service (BaaS) solutions, enabling clients to modernize platforms and monetize payments. The company also partners with major financial institutions like Citibank, Visa, and Mastercard to deliver these services.