ATLANTA & NEW YORK — March 31, 2026
Executive Summary
TRX Services, Inc. (TRX) has announced that it has received a strategic equity investment from Stella Point Capital (SPC), marking a significant milestone in the company’s growth trajectory. The transaction, which closed earlier in March 2026, reflects a partnership designed to support TRX’s continued expansion across payment processing, merchant services, and technology-driven financial solutions. Financial terms of the investment were not disclosed.
The partnership is structured to enable TRX to increase investment in its core capabilities, including technology-led payment processing, underwriting and risk management, and customer service operations. Both companies have indicated that the collaboration aligns with long-term strategic growth objectives, including expanding market reach, enhancing product offerings, and strengthening operational scalability across North America.
Announcement Overview
TRX Services, Inc., a U.S.-based payment processing solutions provider, has entered into a partnership with Stella Point Capital, a New York-based private equity firm, through a newly completed equity investment transaction. The agreement formalizes a collaborative relationship intended to support TRX’s next phase of growth and operational expansion.
The investment was completed in March 2026, with no financial details publicly disclosed, and represents a capital infusion aimed at strengthening TRX’s position in the merchant services and payment processing ecosystem. The partnership brings together TRX’s operational capabilities with Stella Point Capital’s experience in scaling tech-enabled companies, particularly within the financial services and business services sectors.
This development reflects TRX’s continued evolution as it seeks to expand its footprint, enhance its product suite, and deepen its engagement with merchants and technology partners across the United States and Canada.
Key Announcement Details
Transaction Identification and Structural Elements
- Announcement Type: Equity investment and strategic partnership
- Announcement Date: March 31, 2026
- Transaction Completion Status: Transaction closed earlier in March 2026
- Financial Disclosure Status: Financial terms were not disclosed
- Entities in Transaction: TRX Services, Inc. and Stella Point Capital
- Nature of Capital: Equity investment
- Partnership Characterization: Strategic partnership aligned with growth and expansion objectives
Purpose and Intended Use of Investment
- Primary Purpose: Enable TRX Services to drive expansion and growth
- Investment Utilization Focus: Meaningful investment into core operational strengths
- Core Strength Areas Identified:
- Technology-led payment processing
- Superior underwriting capabilities
- Risk management capabilities
- Customer service delivery
- Strategic Outcome Stated: Support acceleration of strategic growth plans over the coming years
TRX Services Operational Capabilities and Processing Scope
- Total Transaction Volume Processed: More than $4.5 billion
- Transaction Channels Covered:
- Credit card payments
- Debit card payments
- ACH transactions
- Online payment transactions
- Financial Operations Capabilities:
- Accounts receivable management
- Accounts payable management
- Security and Risk Solutions:
- Identity solutions
- Fraud solutions
- Merchant Support Scope: Provides payment and financial solutions support to merchants
Merchant Base, Geography, and Industry Coverage
- Number of Merchants Served: Nearly 4,000 merchants
- Geographic Coverage: United States and Canada
- End-Markets Served:
- Insurance
- Professional services
- Restaurants
- Travel
- Automotive dealerships
- Customer Profile: Merchants across multiple industries requiring payment processing and financial services
Corporate Profile and Organizational Structure
- Company Name: TRX Services, Inc.
- Common Reference Name: TRX
- Headquarters Location: Atlanta, Georgia
- Employee Count: More than 45 employees
- Company Classification: Payment processing solutions provider
- Technology Orientation: Technology-led payment processing systems
Strategic Growth Plan Components
- Growth Plan Objective: Advance and execute strategic growth initiatives
- Key Growth Lever: Continued expansion of Integrated Software Vendor (ISV) strategy
- ISV Strategy Launch Timing: Initiated several years prior
- ISV Strategic Function:
- Enable partnerships with technology providers
- Enable partnerships with software vendors
- Expand across multiple verticals in the merchant services industry
- Strategic Expansion Areas:
- Expansion of company footprint
- Broadening of product suite
- Execution of long-term strategic vision
Leadership Structure and Continuity
- Founder: Craig Davis
- Chief Executive Officer: Scott Martin
- Leadership Continuity Plan: Founder, CEO, and existing leadership team will continue to lead the company
- Leadership Role Post-Investment: Continue guiding expansion, product development, and strategic execution
Leadership Statements
- CEO Statement Elements:
- Recognition of milestone in TRX’s journey
- Reference to founder-owned company history and achievements
- Acknowledgment of new partnership
- Emphasis on partner experience in merchant acquiring space
- Expression of confidence in accelerating strategic growth plans
- Stella Point Capital Partner Statement Elements:
- Identification of TRX’s growth inflection point
- Expression of excitement regarding partnership
- Managing Partners Statement Elements:
- Recognition of TRX’s culture of technology innovation
- Emphasis on ability to solve unique payment challenges
- Identification of differentiated market position
- Acknowledgment of growth trajectory
- Commitment to long-term collaboration with TRX leadership
Investor Profile and Investment Credentials
- Investor Name: Stella Point Capital
- Abbreviation: SPC
- Investor Type: Private equity firm
- Headquarters Location: New York
- Sector Focus:
- Business services
- Financial services
- Industrial services
- Investment Focus: Tech-enabled companies
- Geographic Focus: North America
- Founders of Investor Firm: Justin Wender and Adam Godfrey
- Capital Invested: Over $2.5 billion in equity capital
- Number of Investments: More than 40 investments
- Investment Strategy: Partner with management teams to achieve transformational growth
- Investment Objective: Build long-term value and generate superior returns
Advisory Involvement in Transaction
- Advisory Firm Name: MAPP Advisors
- Firm Type: Fintech advisory firm
- Advisory Role: Advised TRX Services on the transaction
TRX Services Product and Service Portfolio
- Core Product Offering: Payment processing software solutions
- Product Characteristics: Modern, secure, and scalable solutions
- Extended Service Offerings:
- Accounts payable solutions
- Chargeback prevention services
- Operational Benefit to Customers:
- Streamline transactions
- Support business growth
- Customer Coverage: Businesses of all sizes
Technology and Infrastructure Positioning
- Technology Orientation: Modern and scalable payment processing systems
- Security Focus: Secure transaction processing environment
- Operational Capability: Support for multi-channel payment processing and financial workflows
- Infrastructure Purpose: Enable efficient and reliable transaction processing
Market Positioning and Competitive Differentiation
- Differentiation Factor: Ability to solve unique payment challenges for customers
- Operational Strength: Culture of technology innovation
- Market Position: Established provider within payment processing and merchant services ecosystem
Partnership Impact and Growth Outlook
- Immediate Impact: Equity investment and strategic partnership established
- Growth Enablement: Support acceleration of strategic growth initiatives
- Operational Impact: Strengthening of core capabilities and infrastructure
- Long-Term Direction: Continued collaboration between TRX leadership and Stella Point Capital
Transaction Scope and Strategic Purpose
The equity investment from Stella Point Capital is intended to support TRX’s ongoing strategic initiatives, enabling the company to further develop its operational strengths and scale its platform. According to the announcement, the partnership will allow TRX to meaningfully invest in its core competencies, which include payment processing technology, risk management frameworks, and customer service delivery systems.
TRX processes more than $4.5 billion in transaction volume, spanning a range of payment types including:
- Credit card transactions
- Debit card transactions
- ACH payments
- Online payment processing
In addition to payment processing, TRX provides services related to:
- Accounts receivable management
- Accounts payable management
- Identity verification solutions
- Fraud prevention capabilities
These services support a broad base of merchants across North America, with the company currently serving nearly 4,000 merchants across various industries.
The partnership is designed to reinforce TRX’s ability to expand these offerings, scale operations, and enhance its ability to meet the needs of a diverse merchant base.
Operational Scale and Market Presence
TRX Services operates as a payment processing software company headquartered in Atlanta, Georgia, employing more than 45 professionals. The company supports merchants across both the United States and Canada, delivering solutions tailored to businesses of varying sizes and operational requirements.
The company’s merchant base spans multiple end-markets, including:
- Insurance
- Professional services
- Restaurants
- Travel
- Automotive dealerships
Through its platform, TRX enables businesses to manage transactions efficiently while integrating additional services that support financial operations, including chargeback prevention and accounts management solutions.
The company’s scale and transaction volume reflect its established presence within the merchant services ecosystem, with continued growth supported by its multi-faceted service offering.
Leadership Commentary
Scott Martin, Chief Executive Officer of TRX, stated:
“I am incredibly energized by this significant milestone in TRX’s journey. As a founder-owned company, TRX has accomplished many objectives in its history. With the addition of our new partners and their longstanding experience in the merchant acquiring space, I am excited about TRX’s ability to accelerate our strategic growth plans over the coming years.”
Robert Jahn, Partner at Stella Point Capital, commented:
“We are extremely excited to partner with TRX at this inflection point in its growth.”
Adam Godfrey and Justin Wender, Managing Partners at Stella Point Capital, added:
“TRX’s culture of technology innovation and ability to solve unique payment challenges for its customers are the backbone of the company’s differentiated position and growth. We look forward to working with TRX Founder Craig Davis, Scott Martin and the rest of the team for years to come.”
Strategic Growth Initiatives and ISV Expansion
A key component of TRX’s strategic roadmap includes the continued expansion of its Integrated Software Vendor (ISV) strategy. This initiative, which was launched several years ago, focuses on enabling partnerships with technology providers and software vendors across multiple verticals within the merchant services industry.
The ISV strategy is designed to:
- Facilitate integration with third-party software platforms
- Expand distribution channels through technology partnerships
- Support industry-specific payment solutions
- Enhance flexibility in delivering payment services
The investment from Stella Point Capital is expected to support the ongoing development and expansion of this strategy, enabling TRX to strengthen relationships with software vendors and extend its reach into additional vertical markets.
Leadership Continuity and Organizational Direction
Following the completion of the investment, TRX’s existing leadership team will remain in place, ensuring continuity in strategic direction and operational execution.
Key leadership includes:
- Craig Davis — Founder
- Scott Martin — Chief Executive Officer
The current leadership team will continue to guide the company’s growth initiatives, focusing on:
- Expanding geographic footprint
- Broadening the product suite
- Executing long-term strategic vision
This continuity is intended to maintain alignment with TRX’s established operational approach while leveraging the resources and expertise introduced through the partnership with Stella Point Capital.
Advisory Role in the Transaction
MAPP Advisors, a fintech advisory firm, served as the advisor to TRX Services in connection with this transaction.
The involvement of MAPP Advisors reflects the structured nature of the transaction and the engagement of specialized advisory expertise to support the completion of the investment.
About TRX Services
TRX Services, Inc. is a U.S.-based payment processing software company that specializes in delivering modern, secure, and scalable solutions for businesses of all sizes.
The company offers a growing suite of services, including:
- Payment processing across multiple channels
- Accounts payable solutions
- Chargeback prevention tools
- Financial transaction management services
TRX serves customers throughout the United States and Canada, supporting businesses in managing transactions efficiently while enabling growth in an increasingly interconnected marketplace.
The company’s platform is designed to address the evolving needs of merchants by providing integrated solutions that combine payment processing, risk management, and financial operations support.
For more information, visit www.trxservices.com.
About Stella Point Capital
Stella Point Capital is a private equity firm headquartered in New York, focused on investing in tech-enabled companies within the:
- Business services sector
- Financial services sector
- Industrial services sector
The firm was founded by:
- Justin Wender
- Adam Godfrey
Stella Point Capital seeks investment opportunities across North America, partnering with management teams to achieve transformational growth.
The firm’s partners have invested more than:
- $2.5 billion in equity capital
- Across over 40 investments
Stella Point Capital’s investment strategy emphasizes building long-term value and delivering superior returns through collaboration with portfolio companies.
For more information, visit stellapoint.com.
Media Contact
For additional information, visit stellapoint.com.
Source Attribution
Source: Company announcement