iPay Technologies

iPay Technologies is a provider of online bill payment services to credit unions and financial institutions. iPay develops and maintains the software that allows consumer to pay their bills online. Created in 2001, iPay has grown through partnerships with core processors, aggregators, and other service providers.

iPay was acquired by Jack Henry & Associates (Nasdaq: JKHY) in June 2010.

 How we worked with iPay Technologies

Bain Capital Ventures provided guidance on overall company strategy and potential acquisitions. In addition, Bain Capital Ventures helped recruit several senior team members and a talented Board member from the Bain Capital Ventures portfolio.

Bain Capital Ventures helped select the appropriate banker and assisted in the sale strategies and negotiations when iPay was acquired by Jack Henry & Associates.