What Does Payment Depot Do?

Total employees430
HeadquartersOrlando
Founded2013

Payment Depot, founded in 2013, was a well-regarded merchant services provider known for its transparent, subscription-based pricing model. In February 2021, Payment Depot was acquired by Stax (formerly Fattmerchant), an innovative payment technology company. Stax continued to grow, offering a comprehensive suite of payment processing tools and integrated solutions for businesses. In a significant development, Stax itself was acquired by Worldpay in January 2024, becoming a part of one of the world's leading payment technology and solutions providers. Today, the legacy of Payment Depot's customer-centric approach is carried forward through Stax's platform within the broader Worldpay ecosystem, aiming to simplify and enhance payment experiences for businesses of all sizes.

Where Is Payment Depot's Headquarters?

HQ Function

Serves as the primary operational center for Stax, focusing on its integrated payment technology, software development, customer support, and sales operations, now as a distinct business unit within Worldpay.

Notable Features:

Modern office space located in downtown Orlando, designed to foster collaboration, innovation, and a vibrant work environment reflective of a leading fintech company.

Work Culture:

Stax promotes a dynamic, growth-oriented culture characterized by innovation, customer-centricity, and teamwork. As part of Worldpay, it integrates these values within a larger global financial technology framework.

HQ Significance:

Represents a key hub for specialized payment technology and integrated software solutions within Worldpay, building on Stax's legacy of simplifying payments and providing robust tools for businesses.

Values Reflected in HQ: Innovation, customer empowerment, technological advancement, transparency, and collaborative growth within the fintech industry.

Location:

Historically, Payment Depot and subsequently Stax primarily focused on the U.S. market. With Stax's acquisition by Worldpay in January 2024, it became part of a leading global payments technology provider. Worldpay has an extensive international presence, serving merchants and financial institutions in numerous countries. Stax's innovative solutions now contribute to Worldpay's global offerings, enabling businesses to connect with a worldwide customer base through advanced payment capabilities.

Street Address:

30 S. Orange Ave, Suite 800

City:

Orlando

State/Province:

Florida

Country:

USA

Where Else Does Payment Depot Operate Around the World?

Remote / Distributed

Address: N/A

Enables access to a diverse and widespread talent pool, provides operational flexibility, and supports customer and partner engagement across the nation.

Buying Intent Signals for Payment Depot

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Payment Depot? Meet the Executive Team

As of April 2025, Payment Depot' leadership includes:

Paulette Rowe - Chief Executive Officer of Stax
Sal Rehmetullah - President & Co-Founder of Stax
Suneera Madhani - Co-Founder & Board Member of Stax
John Kristel - Chief Financial Officer of Stax
Mark Sundt - Chief Technology Officer of Stax
Geoff Brown - Chief Marketing Officer of Stax

Who's Investing in Payment Depot?

Payment Depot has been backed by several prominent investors over the years, including:

Greater Sum Ventures (GSV)
Blue Star Innovation Partners
HarbourVest Partners

What Leadership Changes Has Payment Depot Seen Recently?

Hire2
Exits1

Stax has experienced significant strategic developments, including key executive appointments to drive its growth and its landmark acquisition by Worldpay in early 2024, which integrates Stax into a global payments powerhouse.

Departures

Suneera Madhani, Suneera Madhani transitioned from her role as CEO of Stax, continuing as Co-Founder and Board Member.

New Appointments:

Paulette Rowe, Paulette Rowe was appointed as the new Chief Executive Officer of Stax.
Geoff Brown, Geoff Brown was appointed as the new Chief Marketing Officer of Stax.

What Technology (Tech Stack) Is Used byPayment Depot?

Discover the tools Payment Depot uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Payment Depot Email Formats and Examples

Stax, as part of Worldpay, likely utilizes standardized corporate email formats for its team members. Common structures for technology companies like Stax include combinations of first and last names. For example, addresses at the staxpayments.com domain often follow patterns like [first].[last] or [first_initial][last].

[first].[last]@staxpayments.com

Format

example.name@staxpayments.com

Example

85%

Success rate

What's the Latest News About Payment Depot?

Business WireJanuary 9, 2024

Stax Joins Worldpay to Further Accelerate Growth and Innovation

Stax announced its acquisition by Worldpay, a global leader in payments technology. This strategic combination is set to enhance Stax's growth trajectory by integrating its modern, all-in-one payments platform with Worldpay's extensive scale and global reach, benefiting businesses with more powerful and seamless payment solutions....more

PR NewswireNovember 7, 2023

Stax Named to Deloitte Technology Fast 500™ for Fourth Consecutive Year

Stax was recognized on the Deloitte Technology Fast 500™, a prestigious list of the fastest-growing technology companies in North America, for the fourth year running. This award highlighted Stax's consistent high-growth performance and innovation in the fintech sector....more

PR NewswireOctober 3, 2023

Stax Names Payments Industry Veteran Paulette Rowe as Chief Executive Officer

Stax announced the appointment of Paulette Rowe as its new Chief Executive Officer. Rowe, an experienced leader in the global payments and financial services industry, succeeded Stax co-founder Suneera Madhani, who transitioned to a role on the Stax Board of Directors....more

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