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Bottomline

Can Bottomline become the dominant embedded B2B payments infrastructure layer connecting banks and their business customers at scale?

Founded1989
HQPortsmouth, NH, USA
Latest roundAcquired by Thoma Bravo (2022)
IndustryInfrastructure / Payments
The story

Bottomline was founded in 1989 as a business payments technology provider, focusing on payments automation and cash management for banks and corporates. Over three decades it expanded from domestic payments to international and cross-border payments, regulatory compliance, and commercial digital banking platforms. Taken private by Thoma Bravo in 2022, Bottomline has doubled down on its embedded B2B payments strategy, most recently launching Paymode for Digital Banking to embed its $450B-per-year supplier payments network directly into bank customer portals — positioning itself as the infrastructure layer between financial institutions and their business customers.

Last 12 months
2025-05
Product timeline
1989
Founded as a provider of business payment solutions for banks and corporates.· banking
2021
Recognized as Top 3 SWIFT Services Provider globally, processing $16T+ in payments annually.· banking
2022
Acquired by Thoma Bravo and taken private.· acquisition
2025
Launched Paymode for Digital Banking, embedding Paymode B2B payment network directly into commercial digital banking platform.· banking
The stack
Payments / PSP
Bottomline Paymode (self-operated)Bottomline Digital Banking Payments (self-operated)
Accounting gap: none