# PayFacto Payments Inc

PayFacto Payments Inc is an Asset Manager based in Montreal, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Montreal, Canada
- **Region:** North America
- **Address:** Montreal, Quebec, Canada
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** www.payfacto.com
- **LinkedIn:** https://www.linkedin.com/company/payfacto

## Regulatory record

- **Reports private funds:** No

## About

PayFacto provides payment processing technologies and flexible solutions for restaurants, hospitality businesses, ISOs and ISVs. Learn more now!

## Sectors

- FinTech
- Enterprise Software
- Media & Entertainment

## Offices

- Lynnwood, WA, United States
- Glasgow, United Kingdom

## People

- 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

## 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).

### 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).

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/payfacto-payments-inc

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