“Can a multi-geography direct acquirer specializing in B2B ERP-integrated payments and SMB acquiring scale globally before being absorbed into a payments conglomerate?”
EVO Payments was founded as a global merchant acquirer focused on cashless payment acceptance across 50+ markets. It differentiated through four specialized channels (Integrated POS, B2B, eCommerce, Direct) and built out a B2B-specific payments stack via the Nodus Technologies / PayFabric acquisition, targeting ERP/accounting integrations for A/R automation. The company went public in 2018 and was subsequently acquired by Global Payments in 2022–2023 for $4 billion, expanding Global Payments' geographic footprint in Poland, Germany, Chile, Greece, and other markets. EVO's embedded finance story centers on being a direct acquirer-processor rather than a BaaS platform, with lending (Merchant Cash Advance) and ERP-payment integration as its primary value-added services beyond core acquiring.
EVO Payments processes payments through EVO Payments (self-operated) and PayFabric (self-operated via Nodus Technologies subsidiary). Disclosed money-movement rails: ACH.
EVO Payments integrates with Oracle E-Business Suite, SAP, Microsoft Dynamics, JD Edwards, NetSuite, Epicor, QuickBooks, Acumatica and 1 other.
The Embedded Finance Index 2026 maps 4 layers in EVO Payments's stack: Payments / PSP (EVO Payments (self-operated) and PayFabric (self-operated via Nodus Technologies subsidiary)); Money movement (ACH); Lending (Merchant Cash Advance); Accounting (Oracle E-Business Suite, SAP, Microsoft Dynamics, JD Edwards and 5 others).
EVO Payments is founded in 2012 and headquartered in Atlanta, Georgia, USA.
Get a read on where your own stack stands against EVO Payments and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.