Fortis Pay News Room
Fortis, a payment and commerce technology leader for software providers, marketplaces and scaling businesses, surpassed $20 billion in commerce transaction volume, an 80% increase over the previous year, as they continue to scale as a market leader in embedded payments. In addition to this milestone, the company is expanding its fully integrated service offerings and enhancing the leadership team.
Looking forward, continued growth of the platform will be driven by Fortis’ new service offerings – an embedded omni-channel set of APIs for existing and new software partners, as well as the delivery of Fortis Capital for merchants – accompanied by a road map of new geographies and the addition of Mark Bishopp, former Amarylis CEO and an early pioneer in PayFac delivery, to spearhead all embedded payments initiatives.
While legacy providers and channels struggle with a challenging economic environment, Fortis’ focus on servicing software, ERP and platform providers has shown no signs of slowing down. Fortis’ enterprising growth plans include a newly available API stack with features and capabilities to simplify and streamline integrations, as well as the expansion of its embedded commerce suite with new service offerings such as Fortis Capital, quick invoicing and enhanced B2B functionalities. The API-first platform is more comprehensive with end-to-end onboarding from e-sign to auto configuration, enhanced transaction capabilities and profound reporting features, helping ERP, ISV, HMS and other software partners create better experiences for their customers. Further, Fortis Capital enables financing for small businesses and merchants, short-term loans for working capital for bills, payroll, purchase inventory and more, all with the ability to apply and receive funding in the same day across North America.