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Founded Year



Private Equity - IV | Alive

Total Raised


Last Raised

$54.18M | 1 mo ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+300 points in the past 30 days

About NMI

NMI offers payment enablement technology. The company creates, maintains, and delivers a suite of payment solutions through a partner-centric distribution channel. It integrates and works with financial institutions, merchant acquirers, payment processors, ISOs, MSPs, and VARs, as well as developers of software, Internet, and mobile applications. The company was founded in 2000 and is based in Schaumburg, Illinois.

Headquarters Location

1450 American Lane Suite 1200

Schaumburg, Illinois, 60173,

United States


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ESPs containing NMI

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Financial Services / Payments Tech

Omnichannel payments companies provide a comprehensive payment processing solution for businesses, allowing them to accept payments through multiple channels including online, mobile, and in-store. These platforms offer data integration across payments, marketing, and sales channels so that customers can shop and transact the same way both online and offline, giving businesses a unified view into …

NMI named as Outperformer among 14 other companies, including Stripe, SumUp, and Pine Labs.

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Expert Collections containing NMI

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

NMI is included in 2 Expert Collections, including Payments.



2,571 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.



7,751 items

US-based companies

NMI Patents

NMI has filed 1 patent.

patents chart

Application Date

Grant Date


Related Topics




Payment systems, Payment service providers, Merchant services, Online payments, Credit cards


Application Date


Grant Date



Related Topics

Payment systems, Payment service providers, Merchant services, Online payments, Credit cards



Latest NMI News

FT Partners Advises Network Merchants on its Growth Equity Investment

Jan 6, 2023

Overview of Transaction On May 6, 2014, Network Merchants, Inc. ("Network Merchants" or the "Company") announced that Great Hill Partners has made a growth investment in the Company Great Hill Partners is a private equity firm focused exclusively on software and service providers in growth sectors; the firm manages more than $3 bn in capital In conjunction with the transaction, Network Merchants announced the addition of payments veterans Roy Banks and Kyle Pexton as CEO and CFO, respectively Significance of Transaction By combining Network Merchants' market-leading platform with a deep and experienced management team and strong financial partners, the Company seeks to redefine the payment gateway space in an increasingly dynamic market Founders Jim McKenzie and Ted Cucci will continue to serve as investors and advisors to Network Merchants; Great Hill joins existing investors Bregal Sagemount and the founders of the Company; Jim McKenzie continues as chairman of the Board of Directors at Network Merchants FT Partners' Role

NMI Frequently Asked Questions (FAQ)

  • When was NMI founded?

    NMI was founded in 2000.

  • Where is NMI's headquarters?

    NMI's headquarters is located at 1450 American Lane, Schaumburg.

  • What is NMI's latest funding round?

    NMI's latest funding round is Private Equity - IV.

  • How much did NMI raise?

    NMI raised a total of $154.18M.

  • Who are the investors of NMI?

    Investors of NMI include Francisco Partners, Insight Partners, Great Hill Partners, TPG Capital, Bregal Sagemount and 3 more.

  • Who are NMI's competitors?

    Competitors of NMI include Yoco, Clip, Ezetap, mx51, SumUp, Yabie, Pine Labs, CITCON, Inai, NewStore and 12 more.

Compare NMI to Competitors

Stripe Logo

Stripe is a financial technology company that builds economic infrastructure for the internet. The company offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. Stripe's software and APIs allow user's to accept payments, send payouts and manage businesses online. The company serves clients globally with a use case for SaaS, platforms, marketplaces, eCommerce, creator economy, crypto and embedded finance. It was founded in 2010 and is based in San Francisco, California.

SumUp Logo

SumUp is a financial technology company that allows businesses of all sizes to receive payments. Its platform allows businesses to accept card payments in-store, in-app, and online, in a simple, secure, and cost-effective way. The company was formerly known as Ka-Ching Payments. It was founded in 2012 and is based in London, U.K.

mx51 Logo

mx51 empowers banks to grow merchant relationships through innovative multi-channel payment capabilities and value-added solutions that are delivered through a bank-grade, cloud-based integration platform. The company was founded in 2016 and is based in Sydney, New South Wales.

Dripos Logo

Dripos offers a mobile point of sale service including employee scheduling, payroll, and other similar services with an intention to modernize restaurant businesses.

Pine Labs

Pine Labs offers cloud-based point-of-sale (PoS) payments solutions, allowing merchants to accept credit or debit card payments, as well as methods such as e-wallets, QR code payment solutions, and unified payments interface (UPI)-based solutions.


Clip Clip provides a digital payment platform to businesses in Mexico which allows them to interact and transact with its consumers effectively via customer service, and gives them the ability to accept all payment methods digitally. It uses a phone plug-in and a risk-management system to manage merchants and process transactions. The company was founded in 2012 and is based in Mexico City, Mexico.

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