Best Payments Companies in Utah, United States
The 55 best Payments companies in Utah, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Brex.
Our analysis of 50 Payments companies
$20.7b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Payments companies in Utah
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Brex 🦄 Provider of financial software platform, cards, banking, expense, and accounting 87Funding top 15%Moat top 18%Patents top 20%Innovation top 22% All 12 signals ▾Fundingtop 15% Moattop 18% Patentstop 20% Innovationtop 22% Customerstop 24% Techtop 25% Talenttop 28% Newstop 29% Markettop 37% Growthtop 38% Producttop 41% Globaltop 47% Funding: Raised $1.2B across 11 rounds · 11 rounds over 9 yrs (1.2/yr) Moat: Editorial + unicorn rating 10/10 · IP moat: 128 patents rank vs industry peers · Fliar Intelligence Index 87/100 | $1.2B | 18 mo ago | Acquired | Henrique Dubugras Founder and Chairman | 2017 | Amazon WebstoreSentryApple iCloud Mail+37 | 128 patents Real-time financial data ingestion, synchronization, alerting, and caching for transaction platforms | 1 launch |
| 2 | Deserve Credit builder cards for consumers | $137M | 50 mo ago | Acquired | — | 2013 | SentryApple iCloud MailNode.js+14 | — | — |
| 3 | Galileo Provider of cloud-based platform for financial technology and digital banking | $85M | 81 mo ago | Acquired | — | 2000 | ContentfulYouTubeBootstrap+29 | 23 patents Mobile imaging and spectral data platforms for cryptographic asset creation and UV decontamination | — |
| 4 | Atomic Provider of payroll management services | $75M | 15 mo ago | Series B | Andrea Martone Co-Founder & CPO | 2020 | Tailwind CSSGSAPAmazon Web Services+16 | 15 patents Patents concentrated in electrical & electronics | — |
| 5 | Midigator Provider of merchant account monitoring and analytics tool | $30M | 99 mo ago | Acquired | — | 2013 | — | 8 patents Automated detection, matching, and response to payment transaction disputes and alerts. | — |
| 6 | Chargeback Cloud based platform for recovering lost merchant revenue in chargebacks | $16M | 73 mo ago | Acquired | — | 2007 | — | — | — |
| 7 | Donde Travel as a benefit enabler for companies | $5M | 52 mo ago | Seed | — | 2020 | WebflowAmazon Web ServicesTypekit+17 | — | — |
| 8 | Fuze Network Cash payment with payment processing | $4M | 165 mo ago | Acqui-Hired | Dave Wilkes Founder & CEO | 2009 | — | — | — |
| 9 | Allset Payment solutions for home service businesses | $3M | 54 mo ago | Deadpooled | Justin C Founder & CEO | 2020 | — | — | — |
| 10 | PayKeeper Provider of condition-based payment processing and escrow management execution engine | $3M | 17 mo ago | Seed | Kelly Curtis CEO | 2004 | WordPressMySQLPHP+27 | — | — |
| 11 | Airvend Vending machine payment acceptance hardware provider | $1M | 150 mo ago | Acqui-Hired | — | 2012 | Windows ServerMicrosoft ASP.NETBootstrap+7 | — | — |
| 12 | Savvos Healthcare payments with a marketplace | $1M | 45 mo ago | Seed | Lucien Morin CEO | 2017 | Cart FunctionalityPythonAnimate.css+12 | — | — |
Top 12 Payments companies in Utah
#1
Brex 🦄Acquired · Draper, Utah · founded 2017 · 67 employees$1.2Braised▾
Provider of financial software platform, cards, banking, expense, and accounting. The platform offers tools for corporate cards, expense management, travel, bill pay, banking, and treasury services. It provides solutions for startups, mid-size companies, and enterprises. The platform includes features for spend control, expense automation, vendor payments, and accounting automation.
- Jan 2025Conventional Debt$235M
- Oct 2021Series D$300M
- Aug 2021Venture Debt$150M
- Apr 2021Series D$425M
#2
Series B · Salt Lake City, Utah · founded 2020 · 89 employees$74.8Mraised▾
Provider of payroll management services
- Apr 2025Series B$10M
- Mar 2022Series B$40M
- Oct 2021Series A$22M
- Jun 2021Series A—
#3
Seed · South Jordan, Utah · founded 2004$2.7Mraised▾
Provider of condition-based payment processing and escrow management execution engine. It automates financial transactions by securely holding funds until predefined conditions are verified. Payments are disbursed to all receiving parties once conditions are met. The engine supports individualized guidelines and conditions for vendor payment management. It facilitates escrow account creation and milestone verification through simple workflows.
- Jan 2025Seed$500K
- Feb 2023Seed$2.7M
#4
Acquired · Murray, Utah · founded 2013 · 34 employees$136.9Mraised▾
Deserve offers credit builder cards for consumers. It offers alternate credit cards for students, professionals, and individuals that build credit scores for making purchases. It takes into account various alternative data points to determine creditworthiness, such as education, current financial health, and future employability and earnings potential. It offers an app-based platform that is available on iOS & Android devices.
- May 2022Conventional Debt$250M
- Oct 2021Series D—
- Jun 2021Series D$50M
- Nov 2019Series C$50M
#5
Acquired · Sandy, Utah · founded 2000 · 200 employees$85Mraised▾
Provider of cloud-based platform for financial technology and digital banking. The platform offers APIs for building and scaling financial products and experiences. It supports deposits, engagement channels, payments, cards, lending, and risk management. The platform is designed for financial institutions, fintechs, and brands.
- Oct 2019Series A$77M
- Apr 2014Series A$8M
#6
Acquired · American Fork, Utah · founded 2007 · 272 employees$16.5Mraised▾
Cloud based platform for recovering lost merchant revenue in chargebacks. It is an ethoca value added reseller and a certified partner and reseller of Verifies Cardholder Dispute Resolution Network. It provides a white label chargeback automated response tool to merchants to help create chargeback responses and recover revenue in house. Businesses can also use its chargeback managed service to fully outsource chargeback responses.
- Jun 2020Series A$6.6M
- Jun 2019Series A—
- 2018Series A$6M
- Mar 2014Series A$1.2M
#7
Acquired · Lindon, Utah · founded 2013 · 1 employees$30Mraised▾
Midigator is a chargeback reporting and management solution provider. It provides real time merchant account monitoring and fights chargebacks. Uses predictive algorithms and other analytical tools to monitor merchant accounts, identify problematic BIN numbers, etc.
- Mar 2018Series B$30M
#8
Seed · Salt Lake City, Utah · founded 2020 · 8 employees$4.8Mraised▾
The company offers travel as a benefits solution for companies. Companies use Donde to attract and retain their employees by giving leaves and joining bonuses.
- Mar 2022Seed$4.8M
#9
Deadpooled · Lehi, Utah · founded 2020 · 10 employees$3Mraised▾
Payment solutions for home service businesses. Provides invoice payment, bill payment, automated payments, recurring payments, and tip payment software solutions for businesses. Provides an all-in-one tool to bill payments.
- Dec 2021Seed$3M
#10
Seed · American Fork, Utah · founded 2017 · 14 employees$1Mraised▾
Healthcare payments with a marketplace. Healthcare experience of patients, payors, and providers to create bundled pricing in real-time, scheduling, secure payor approval, and guarantee immediate payment. Marketplace of cash prices for shoppable medical care, including imaging, outpatient surgery, labs, and more.
- Sep 2022Seed$1M
#11
Acqui-Hired · Salt Lake City, Utah · founded 2009 · 12 employees$3.7Mraised▾
Fuze Network is a payments technology company that facilitates the movement of money onto any of the 1.5 billion U.S. bank-issued cards. Fuze Network has built a proprietary network that allows them to facilitate a credit to any card for a consumer. Part of this network includes a product called Swipe2Pay, introduced at last fall’s Finovate conference, which lets any retailer with a POS terminal process a cash payment for any credit card, deposit money to a debit card, or load up a prepaid card without having to make changes to their existing POS infrastructure. The platform simplifies and speeds up the transaction process by eliminating manual entry of personal information on forms and does not require specific codes for card issuers. Fuze Network allows customers to make payments at 17k banks and 100k+ retail locations nationwide. The company currently processes over $40 million per month, and does over 500k+ card transactions (credits onto card accounts) per month.
- Sep 2012Series A$2.5M
- Nov 2010Seed$1.2M
#12
Acqui-Hired · Provo, Utah · founded 2012 · 5 employees$1.2Mraised▾
Vending machine payment acceptance hardware provider. Airvend is a vending machine touch screen device that allows users to pay for the products with card or by contactless payments at the vending site. Along with the payment acceptance service, it also provides necessary information about the products.
- Dec 2013Seed$1.2M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Payments is moving in the United States
A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,534 United States-affiliated papers.
- Film Independent35
- Community Partners26
- Tufts University24
- Federal Reserve22
- University of Washington21
- Payment system4→23
- Mobile payment18→28
- Payment service provider5→14
- Financial services1→8
- Financial transaction1→8
- Mobile payment62→120
- Financial inclusion10→54
- Payment service provider4→41
- Financial services10→45
- Database transaction9→34
- Financial inclusion23→46
- Financial services23→38
- Cryptocurrency8→19
- Transparency (behavior)1→11
- Database transaction11→20
Where digital payments is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing digital payments patents in the United States
United States digital payments patent filing is cooling — 1,412 filings from 1,167 assignees (2016–2025), led by Mastercard International, VISA INT Service ASS, Paypal; annual filings 189→106.
- Mastercard International310
- VISA INT Service ASS111
- Paypal81
- VISA USA63
- EBAY45
- Intuit45
- BANK Of America44
- IBM44
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.