Stax revenue hit $8.3M in 2024

Stax generates revenue from 12000 customers


Orlando, Florida, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Stax hit $8.3M revenue and 12K customers in 2023.

Provider of an integrated payments platform to businesses across the United States. The company's card-present and card-not-present technology is housed under a single application programming interface (API) that allows business owners to understand the health of their business under one dashboard, one merchant account, one subscription and one unified platform, enabling them to improve efficiency and save credit card processing costs.






2023 Revenue







Stax Revenue

In 2023, Stax revenue run rate hit $8.3M in revenue.

  • 2023

    Stax hit $8.3M in revenue in 2023

  • 2021

    Stax hit $4.9M in revenue in 2021

  • 2014

    Stax launched in 2014 with $0 revenue

Stax Funding History

  • 2018

    Stax raised a of in July, 2018

  • 2017

    Stax raised a of in October, 2017

  • 2016

    Stax raised a of in May, 2016

  • 2015

    Stax raised a of in November, 2015

July, 19 2018
October, 24 2017
May, 12 2016
November, 04 2015


Stax has 235 total employees and 18 sales reps that carry a quota. They have 12,000 customers an engineering team of 13 and a marketing team of 6.

Total team size 235
Engineer 13 (6%)
Sales 18 (8%)
Marketing 6 (3%)

Founder / CEO

Suneera Madhani

Suneera Madhani is the Founder and Chief Executive Officer of Stax, an innovative tech company that radically simplifies the payment ecosystem. In 7 years, Suneera has taken Stax (formally Fattmerchant) from an idea to processing over $9 Billion in payments. Suneera has become a pioneer not only in the Payments industry (Most Influential Women in Payments, PaymentSource), but also for minority women looking to launch a SaaS start-up and raise venture capital. She has over $150+ m raised in venture capital and her inspirational story has been featured in publications such as Forbes, Fortune, and Huffington Post. In 2018, Business Journal listed Suneera as their CEO Of The Year. This inspired Suneera to launch her Top 100 podcast, CEO School, in August which now inspires over 100k women every day. (Link in featured section) Recently, Fortune recognized her in their 40 Under 40 list for her leadership in Fattmerchant’s explosive growth and Forbes ranked Fattmerchant in their Top 100 startup employers for 2020. Suneera is one of the few minority leaders in the fintech industry and continues to break down barriers with her visionary leadership. She is a sought after keynote speaker and is always looking for other opportunities to inspire others around her. To book Suneera and for media inquiries please contact [email protected]


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Stax Executives

Name Position Working Email Personal Email
Suneera Madhani CEO [email protected] -

Stax Employees

Name Position Working Email Personal Email
Suneera Madhani CEO [email protected] -

Frequently Asked Questions about Stax

  • When was Stax founded?

    Stax was founded in 2014.

  • How much revenue does Stax generate?

    Stax generates $8.3M in revenue.

  • Who is the CEO of Stax

    The CEO of Stax is Suneera Madhani.

  • How much funding does Stax have?

    Stax raised $18.3M.

  • How many employees does Stax have?

    Stax has 235 employees.

  • Where is Stax headquarters?

    Stax is headquartered at Orlando, Florida, United States

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