Payrix
“Can a vertical-SaaS-focused embedded payments platform — now operating under Worldpay for Platforms — become the full embedded finance operating layer for software companies and their merchants?”
HQAtlanta, Georgia, United States
IndustryInfrastructure / Payments
The story
Payrix started as an embedded payments infrastructure company on a mission to be the global leader in embedded payments for vertical software businesses. After acquisition by FIS, it was rebranded and integrated as 'Worldpay for Platforms,' extending beyond pure payment processing to a broader embedded finance stack. The addition of the Embedded Finance Engine (EFE) in 2025, powered by Parafin, marked Payrix's expansion from payments-only to working capital lending for its SaaS platform merchants.
Last 12 months
Product timeline
2021
Payrix LLC operating as an embedded payments platform for vertical software businesses, processing Visa, MasterCard, Discover, JCB, and American Express transactions.· payments
2022
Acquired by FIS (Fidelity National Information Services), becoming part of the Worldpay for Platforms business unit.· acquisition
2025
Launched Embedded Finance Engine (EFE) providing Merchant Working Capital powered by Parafin, embedded directly in the Payrix portal.· lending
The stack
4 layers disclosed in Payrix’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Lending
in the full report
Accounting
in the full report
Accounting gap: minor
5 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.