Buyer-Funded Revenue Powers Priority Technology Holdings’ Payables Surge

Priority Technology Holdings’ Payables segment led the company’s revenue growth in the second quarter, thanks to an increase in buyer-funded revenues, according to a presentation released Thursday (Aug. 6) in conjunction with an earnings call.

Overall, Priority Technology Holdings’ connected commerce engine saw its second-quarter revenue increase 9% year over year to $262.3 million, according to the presentation.

All three of Priority Technology Holdings’ segments saw year-over-year revenue growth in the second quarter, with Payables up 22% to $30.4 million, Treasury Solutions up 15% to $60.5 million and Merchant Solutions up 8% to $175.8 million. The company also reported eliminations that subtracted $4.5 million from the total, per the presentation.

The Payables segment’s growth was driven by a 26% year-over-year increase in buyer-funded revenues. This segment offers payables and financing solutions, automates reconciliation and provides ways to optimize working capital and earn cash back, according to the presentation.

“Buyer-funded revenues grew 26.3% year over year to $25.3 million, while supplier-funded revenues grew 2.6% year over year to $5.1 million,” Priority Technology Holdings Chief Financial Officer Tim O’Leary said during a Thursday earnings call.

Priority Technology Holdings’ Treasury Solutions segment saw its second-quarter revenue growth driven by a 15% year-over-year increase in billed clients, reaching 1.1 million, and a 30% year-over-year increase in integrated partners, reaching 133. The Treasury Solutions segment’s Passport solution automates reconciliation, streamlines financial operations and provides users with full transparency into their liquidity, per the presentation.

The third and largest Priority Technology Holdings segment, Merchant Solutions, saw its second-quarter revenue growth driven by 4.5% organic growth and acquisitions made in the second half of 2025. Those acquisitions include Boom Commerce and Dealer Merchant Services (DMS). Merchant Solutions offers full-featured point-of-sale (POS) and merchant acquiring solutions, according to the presentation.

Looking ahead, Priority Technology Holdings affirmed its full-year 2026 guidance, saying in a press release that its “outlook remains strong.” The guidance includes a year-over-year revenue growth rate of 6% to 9%, and revenue forecast of $1.01 billion to $1.04 billion.

“The value of our diverse partners and customer experience with our unified commerce platform provides continued confidence that we will sustain the momentum in our Merchant Solutions, Payables and Treasury Solutions segments,” Priority Technology Holdings Chairman and CEO Tom Priore said during the earnings call.