NXGEN was an international merchant processing provider that merged into Payroc in 2019.
Location
Whitefish, MT, US
Founded
2002
NXGEN International provided global merchant processing and point-of-sale payment solutions for retail and commercial businesses. Headquartered in Whitefish, Montana, the company delivered multi-currency card processing, payment gateways, and merchant acquiring services across dozens of international markets.
In October 2019, NXGEN merged with Payroc, Payscape, and BluePay Canada in a four-way consolidation backed by Parthenon Capital. Following the transaction, NXGEN integrated its global operations into Payroc, and the business transitioned fully to the unified Payroc brand.
Nxgen - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies4
Current Portfolio Count4
Top Investment Stages
Seed4 (100.0%)
Stage Mix
Seed 100%
Concentration shown as share of disclosed investments by stage.