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PayFacto Payments Inc
PayFacto Payments Inc is a asset manager based in Montreal, founded 2018; the Altss profile covers its classification, headquarters, registration, AUM band,...
PayFacto Payments Inc
PayFacto provides payment processing technologies and flexible solutions for restaurants, hospitality businesses, ISOs and ISVs. Learn more now!
General information
Firm type
Asset Manager
Year founded
2018
Location
Region
North America
Country
Canada
City
Montreal
Corporate office
Montreal, Quebec, Canada
Additional offices
Lynnwood, WA, United States · Glasgow, United Kingdom
Principals
Martin Leroux
Chairman & CEO
Frédéric Gascon
President & COO
Denis Robert
Executive Vice President, Business Development & Marketing
Stéphane Morneau
Chief Financial Officer
Karen Cox
Chief Product Officer
Danny Roy
Executive Vice President, POS Strategies
Sector focus
Frequently asked questions
Who runs investment decisions at PayFacto?
Chairman & CEO Martin Leroux leads the firm, with President & COO Frédéric Gascon overseeing day-to-day operations. Strategic decisions — including acquisitions — are made by this executive team, which also includes CFO Stéphane Morneau and CPO Karen Cox (per the firm).
Is PayFacto a family office or a payment processing company?
PayFacto is a payment processing and POS technology firm, not a family office. It processes transactions for merchants, not capital for families. No family-office structure or wealth-management arm is disclosed (per the firm).
How did PayFacto originate and what growth strategy does it follow?
The firm was formed in 2018 from the merger of three existing payment companies: B2Billing, CT-Payment, and Supreme Payments. Its growth strategy relies on acquiring POS and payment software firms, as seen with Posera Ltd. (2020), Resto Finances Inc. (2020), iShopFood Inc. (2019), and NEOPOS Inc. (2023) (per the firm).
What geographic markets does PayFacto serve?
PayFacto is headquartered in Montreal, Canada, with additional offices in Lynnwood, Washington (USA) and Glasgow, Scotland (UK). It primarily serves merchants in Canada, the United States, and the United Kingdom (per the firm).
Does PayFacto own the POS software it sells?
Yes. PayFacto owns the Maitre'D and Veloce POS software brands, which it acquired through the purchase of Posera Ltd. and Resto Finances Inc. in early 2020. These are the firm's flagship products for the restaurant industry (per the firm).
What transaction volume does PayFacto process?
The firm reports processing over $10B in annual transaction volume across 22,000 merchants, with more than 500,000 payment terminals deployed (per the firm, 2023).
Does PayFacto maintain any philanthropic or community programs?
PayFacto partners with Tremblant's 24h, an annual athletic event raising funds for sick and underprivileged children. The firm is the official payment solution for the event and has committed financial support for at least four years (per the firm).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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