Priority Technology Holdings, Inc. PRTH

What this company does

Priority is a payments and banking fintech that combines 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. It serves approximately 1.8 million customer accounts, processing approximately $150.0 billion in annual transaction activity and administering approximately $1.7 billion in account balances. It maintains a global business platform with 1,200 employees, operating from its headquarters in Alpharetta, GA and regional offices including New York, NY; Hicksville, NY; Chattanooga, TN; Raleigh, NC; Dallas, TX; Houston, TX; San Francisco, CA; and Chandigarh, India. Priority organizes its operations into three primary business segments: Merchant Solutions, Payables and Treasury Solutions. The Merchant Solutions segment provides full-service acquiring and payment-enabled solutions for B2C transactions, using Priority's proprietary software platform and distributed through ISO, direct sales and vertically focused ISV channels. The Payables segment provides AP automation solutions to corporations, software partners and financial institutions including Citibank, Visa and Mastercard, and improves cash flows by providing instant access to working capital. The Treasury Solutions segment provides embedded finance and BaaS solutions that customers use to modernize legacy platforms and accelerate software partners' strategies to monetize payments. Priority was established in 2005.

Written from the business description in Priority Technology Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 10 March 2026. Every sentence was checked against that document before publication.