Plastiq was a B2B payments platform that enabled businesses to pay any vendor via credit card, even when cards were not accepted. The company filed for Chapter 11 bankruptcy in May 2023 and its assets were acquired by Priority Technology Holdings in August 2023. At its peak, Plastiq served over 40,000 businesses, processing billions in payments annually and offering working capital flexibility through card-based payments for payroll, rent, supplies, and other business expenses.
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Jan 2012
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