Priority Technology Holdings, Inc. (NASDAQ: PRTH)

Priority Technology Holdings, Inc. is a payments and banking fintech that provides a connected commerce engine combining full service merchant acquiring for accounts receivable, automated payables tools for bill payment, and treasury management solutions to accelerate cash flow and optimize working capital for its customers.

The company generates revenue primarily from payment processing fees on transactions, monthly service fees for its software platforms, and interest income earned on the customer account balances it holds.

It also earns revenue from value added services such as risk management, underwriting and other financial solutions.

The company operates through the following segments: Merchant Solutions, Payables and Treasury Solutions.

• Merchant Solutions: Provides full service acquiring and payment enabled solutions for business to consumer transactions, leveraging its proprietary software platform distributed through independent sales organizations, direct sales and vertically focused independent software vendor channels.

• Payables: Delivers market leading accounts payable automation solutions to corporations, software partners and financial institutions including Citibank, Visa and Mastercard, while improving cash flow by providing instant access to working capital.

• Treasury Solutions: Offers embedded finance and banking as a service solutions that enable customers to modernize legacy platforms and monetize payment components by leveraging the company's core payments engine, automated payables platform and account ledgering capabilities via API.

Priority Technology Holdings, Inc. ranks as the fifth largest non bank merchant acquirer in the United States by volume, according to the March 2025 Nilson Report, following the merger of Global Payments and Worldpay.

Its competitive advantages include a diverse reseller network of approximately 1,100 partners, a comprehensive suite of payment products, a scalable and cost efficient technology infrastructure, and an experienced management team with deep industry expertise.

The company serves approximately 1.8 million customer accounts across a broad range of sectors including retail, hospitality, healthcare, real estate, government, utility, education, non profit, business to business, professional services and financial institutions.

Key partners and customers include Citibank, Visa and Mastercard, among others.