Priority Technology Holdings (PRTH)
About Priority Technology Holdings (PRTH)
Priority Technology Holdings, Inc. engages in collection, storage, lending, and sending money through its commerce engine. The firm provides merchant services, payables, and banking and treasury solutions. It operates through the following segments: Small and Medium-sized Businesses (SMB) Payments, Business-to-Business (B2B) Payments, and Enterprise Payments. The SMB Payments segment includes provision of full-service acquiring and payment-enabled solutions for business-to-consumer transactions. The B2B Payments segment provides accounts payable automation solutions to corporations, software partners, and financial institutions. The Enterprise Payments segment refers to provision of embedded finance and banking as a service (BaaS) solutions to customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments. The company was founded by John V. Priore, Thomas Charles Priore and Sean Kiewiet in 2005 and is headquartered in Alpharetta, GA.