# Bottomline

> Bottomline (Bottomline Technologies) is a fintech company founded in 1989 in New Hampshire that builds software to help businesses and banks make complex payments simple, smart, and secure. Its platforms span B2B payments automation, the Paymode business payments network, commercial digital banking, SWIFT financial messaging, and AI-driven fraud defense. Roughly a million businesses use Bottomline, and the company moves trillions of dollars in payments each year. Publicly traded as NASDAQ: EPAY until 2022, it was taken private by Thoma Bravo in a ~$2.6 billion deal and now operates as a private, SaaS-focused payments company.

- **Founded:** 1989
- **Headquarters:** Portsmouth, New Hampshire, USA
- **Founders:** Daniel M. McGurl (Co-founder & first CEO (former IBM)), Jim Loomis (Co-founder, EVP & Treasurer)
- **Team size:** ~3,200-3,600 employees (third-party estimates)
- **Products:** Paymode, Paymode for Digital Banking, AP / AR & Payouts Automation, Payments Hub, Commercial Digital Banking Platform
- **Notable:** Won Best SaaS - USA Enterprise at the 2025/26 Cloud Awards (Commercial Digital Banking Platform + Payments Fraud Defense), Paymode for Digital Banking recognized for B2B Payments Innovation at the 2026 FinTech Breakthrough Awards, Consistently ranked a top-3 SWIFT service provider

## Products & services

- **Paymode** — Flagship B2B business payments network connecting buyers and suppliers for secure digital payments with enhanced remittance data and built-in fraud protection; cited at 600,000+ businesses and $500B+ exchanged annually.
- **Paymode for Digital Banking** — Connects banks' commercial digital banking platforms to the Paymode network so corporate clients pay vendors electronically without leaving their bank.
- **AP / AR & Payouts Automation** — Invoice-to-payment, receivables, and disbursement automation using secure digital methods and virtual cards, including a real estate-specific edition.
- **Payments Hub** — Centralizes business payments globally across any currency with governance and controls.
- **Commercial Digital Banking Platform** — White-label platform for financial institutions combining payments, cash management, treasury, and B2B payments.
- **Financial Messaging & Connectivity** — SWIFT/SEPA/Bacs/CHAPS/Faster Payments connectivity, message transformation (ISO 20022), and the Message Vault repository; ranked a top-3 SWIFT service provider.
- **Payments Fraud Defense** — Real-time, AI-driven, multi-layered SaaS fraud platform with behavioral analytics, interdiction, and case management; NACHA 2026 fraud-monitoring compliant.
- **Compliance Suite** — Sanctions screening, payments/account verification, anti-money-laundering monitoring, and insider threat management for banks and corporates.

## Achievements

- Won Best SaaS - USA Enterprise at the 2025/26 Cloud Awards (Commercial Digital Banking Platform + Payments Fraud Defense)
- Paymode for Digital Banking recognized for B2B Payments Innovation at the 2026 FinTech Breakthrough Awards
- Consistently ranked a top-3 SWIFT service provider
- Grew from a 1989 startup to a ~$2.6B take-private after 20+ years as a public company
- Paymode network cited with near-zero fraud across hundreds of billions in annual payments

## Latest updates

- **2025-02** — Sold its Legal Spend Management division (Legal-X, Legal eXchange) to Sedgwick; ~300 staff transitioned.
- **2026-01** — Launched Payments Fraud Defense, an AI-driven multi-layered fraud platform aligned to NACHA 2026 requirements.
- **2026-02** — Commercial Digital Banking Platform named Best SaaS - USA Enterprise at the 2025/26 Cloud Awards.
- **2026-06** — Piloted a Fraud Intelligence Exchange with a group of leading commercial banks.
- **2026-07** — Announced an American Express partnership integrating Paymode with Amex Buyer Initiated Payments (BIP Connect).

## Links

- Website: https://www.bottomline.com
- LinkedIn: https://www.linkedin.com/company/bottomline-payments/
- Twitter/X: https://twitter.com/bottomlinepay
- Facebook: https://www.facebook.com/bottomlinepayments/

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Profile page: https://yespress.io/bottomline
Published by YesPress — https://yespress.io
Last updated: 2026-08-05