USA – Exectras, a Missouri City, TX-based payment processing company, raised up to $30M in debt funding.
Tacora Capital provided the financing.The company intends to use the funds for acquiring merchant portfolios, organic growth initiatives and internal infrastructure development.Led by Joseph Cherry, President and CEO, Exectras offers a combination of payment processing, Fortune 500 business services, and employee perks and benefits to businesses of all sizes. It provides every employee and their families with benefits and perks including access to virtual primary care and prescription drug coverage.Product partners include First American by Deluxe, AJ Gallagher, Paychex, Allstate, One Digital, Zebit and Walmart Health.In addition to its core benefits offering, the company originates and acquires credit card residuals and merchant portfolios representing billions of dollars of annual processing volume. 30/11/2023
