What is First American?
First American Payment Systems, L.P., founded in 1990 and headquartered in Fort Worth, Texas, is a comprehensive payment processing company. It provides a wide array of services including credit and debit card processing, electronic benefits transfer (EBT) card solutions, prepaid card processing and program management, and secure Internet commerce processing. The company's extensive service offerings position it as a key player in facilitating secure and efficient financial transactions for businesses.
How much funding has First American raised?
First American has raised a total of $9.3M across 1 funding round:
Private Equity
$9.3M
Private Equity (2014): $9.3M, investors not publicly disclosed
What's next for First American?
The substantial enterprise-level funding context suggests First American is in a mature growth phase, likely focusing on expanding its market share, enhancing its technological infrastructure, and potentially exploring strategic acquisitions. This strategic investment signals confidence from backers in the company's continued ability to innovate and lead within the competitive payment processing industry, paving the way for further scaling and service diversification.
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