i3 Verticals (NASDAQ:IIIV) is a technology-enabled payment processing and software solutions provider serving a broad range of vertical markets in the United States. The company delivers a suite of cloud-based applications and integrated payment solutions designed to automate critical business processes, streamline revenue cycles and enhance customer engagement. By combining transaction processing, software-as-a-service (SaaS) platforms and web-based portals, i3 Verticals enables organizations to digitize billing, collection and reporting functions while improving accuracy and compliance.
Its core offerings span multiple industries, including public sector entities, education, healthcare, financial institutions and membership associations. For municipalities and government agencies, i3 Verticals provides online tax collection, permit and licensing systems, utility billing platforms and point-of-sale solutions for in-person transactions. In the education space, the company offers tuition payment portals, student information systems and event ticketing solutions. Healthcare providers rely on the firm’s patient billing and revenue cycle management tools, while associations and nonprofits leverage membership management, fundraising and donor engagement software.
Founded in 1998 as a technology division of a national cooperative, i3 Verticals spun out as an independent company following a strategic investment in 2018 and subsequently completed its initial public offering in 2020. Since then, it has pursued growth through both organic innovation and targeted acquisitions, expanding its geographic footprint to cover more than 30 states. Headquartered in Greenville, South Carolina, the company employs a team of specialists in software development, customer support and payment operations spread across regional offices in major markets such as Florida, Texas, Ohio and Georgia.
Under the leadership of founder and chief executive officer G. Andrew Cornelius Jr., i3 Verticals has built a management team with deep expertise in financial technology and enterprise software. The board of directors includes industry veterans who guide strategic planning and capital allocation, while an executive committee focuses on product roadmap execution and customer success. Looking ahead, the company continues to enhance its platform capabilities, pursue partnerships and integrate acquired businesses to strengthen its position as a leading provider of mission-critical payment and software solutions.
