An industry leader and global payment solutions provider in merchant account services, backed by advanced security and award-winning customer service.
First American Payment Systems is a full suite, omni channel payment technology company with a proprietary back-end platform that powers payments from SMB and large-enterprise merchants. FAPS’ emphasis on its robust technology stack, along with its customer support, provides its customers and partners with customizable offerings and tools that are unmatched throughout the payment processing industry
Why We Partnered
Stella Point saw an established leadership team with an average of 20 years of payments experience and a proven ability to fully integrate products, technology and solutions into one comprehensive platform. Along with management’s deep knowledge of the industry, we appreciated FAPS’ modern, scalable, secure and vertically integrated technology platform and its growing and profitable ISV and partner-centric businesses. The vision is exemplified today with an in-house product and service suite, proprietary back-end settlement platform, and a full-service, award-winning support center for small- and medium-sized merchants.
Our Journey
- Augmented a strong operational culture with expanded sales capability, adding both senior sales leadership and several channel sales leaders
- Restarted M&A activity, executing follow-on acquisitions that provided a rapidly growing core platform for small government payments and expanded the company’s wholesale agent relationships
- Invested in technology platform to support growth in ISV and card-not-present payment capabilities across multiple verticals facilitating strong growth within the company’s integrated channels
- In June 2021, First American was acquired by Deluxe (NYSE: DLX) for $960 million to become its platform in the merchant services market.
“We had a long history with the Stella Point team, and it was clear that they understood our business and valued our team’s long tenure and strong track record of growth and operational excellence. They have taken a long-term view of our business and been highly supportive of our strategic initiatives. Perhaps most importantly, we have really enjoyed working with the Stella Point team and look forward to our continued partnership in the years to come.”
Neil Randel
