October 21, 2017 12:46 PM ET

Consumer Finance

Company Overview of i3 Verticals, LLC

Company Overview

i3 Verticals, LLC provides technology-enabled payment processing solutions. The company offers point-of-sale/mobile point-of-sale solutions, gift and loyalty programs, merchant financing solutions, security solutions, and reporting tools. It serves education, property management, government/public sector, healthcare, utility, and nonprofit/fundraising markets. i3 Verticals, LLC was formerly known as Charge Payment, LLC and changed its name to i3 Verticals, LLC in April 2015. The company was founded in 2012 and is based in Nashville, Tennessee.

40 Burton Hills Road

Suite 400

Nashville, TN 37215

United States

Founded in 2012

Phone:

800-203-7981

Fax:

866-229-6878

Key Executives for i3 Verticals, LLC

Founder, Chief Executive Officer and Director
Age: 57
Chief Financial Officer and Director
Age: 59
Chief Operating Officer
Chief Executive Officer of Data Business Systems
Chief Executive Officer of Rentshare
Compensation as of Fiscal Year 2017.

i3 Verticals, LLC Key Developments

I3 Verticals, LLC Appoints Marcus Smith as Vice President of Risk and Operations

i3 Verticals, LLC announced that Marcus Smith has joined the company as Vice President of Risk and Operations. Smith brings 20 years of experience in the electronic payments industry to i3 Verticals. He most recently was with a large industry peer company, which he served for more than 15 years in a range of key positions, including Senior Vice President of Merchant Operations and Senior Vice President of Risk Management, in addition to managing high risk merchant portfolios. Smith began his career in the electronic payments industry in 1997.

i3 Verticals Mulls Acquisitions

i3 Verticals, LLC is looking for acquisitions. Greg Daily, Founder and Chief Executive Officer of i3 Verticals, said: "We are also pleased to announce an expansion in our senior credit facilities from $50 million to $85.5 million, which includes a $65.5 million revolving credit for future acquisitions."

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