Priority Named to CNBC's List of World's Top Fintech Companies for Third Year Running
PorAinvest
jueves, 17 de julio de 2025, 12:03 am ET1 min de lectura
PRTH--
The CNBC/Statista list evaluates over 2,000 fintech firms globally, assessing metrics such as revenue, user growth, and funding. Priority's inclusion in this elite group highlights its innovative technology platform and the significant value it delivers across the financial ecosystem [2].
Additionally, Priority Technology Holdings was ranked #45 on Forbes' list of America's Most Successful Small-Cap Companies. This ranking, based on growth in revenue, earnings, and stock performance, further underscores the company's sustained recognition as a global fintech leader [2].
While the company's financial performance and growth are commendable, it is also worth noting that Priority Technology Holdings recently announced a strategic move to refinance its existing debt. The company plans to issue new senior credit facilities, including a $70 million revolving credit facility and a $1.0 billion term loan, to optimize its capital structure and support future growth initiatives [1].
These new senior credit facilities are expected to close in the third quarter of 2025 and will extend the maturity of the revolving credit facility to 5 years and the term loan to 7 years. The proceeds from these facilities will be used to refinance existing debt, partially finance a prospective tuck-in acquisition, settle certain contingent consideration related to the Company’s prior acquisition of Plastiq, and pay transaction fees and expenses [1].
The company's Chief Financial Officer, Tim O’Leary, commented on the refinancing initiative, stating that it aligns with Priority's ongoing strategy to optimize its capital structure and is supported by the current favorable debt market conditions. The recent upgrade of Priority's debt rating to 'B1' by Moody's and the positive outlook on Priority’s B rating by S&P further bolster the company's financial position [1].
In conclusion, Priority Technology Holdings' continuous recognition as a global fintech leader, coupled with its strategic refinancing initiative, positions the company well for future growth and success in the competitive fintech landscape.
References:
[1] https://www.businesswire.com/news/home/20250708424137/en/Priority-Technology-Holdings-Inc.-Announces-Launch-of-New-Senior-Credit-Facilities
[2] https://finance.yahoo.com/news/priority-named-cnbc-list-world-161200903.html
TIMB--
Priority Technology Holdings has been named to CNBC's 2025 list of the World's Top Fintech Companies for the third consecutive year, recognizing its innovation and influence in the financial technology sector. The company's placement in the Payments category underscores its continued impact and growth within the fintech industry. Priority was also ranked #45 on Forbes' list of America's Most Successful Small-Cap Companies, highlighting its sustained recognition as a global fintech leader.
Priority Technology Holdings, Inc. (NASDAQ: PRTH) has once again been recognized as a leading innovator in the financial technology sector. The company was named to CNBC's 2025 list of the World’s Top Fintech Companies, marking its third consecutive year on the prestigious list. This recognition underscores Priority's continued impact and growth within the fintech industry, particularly in the Payments category [2].The CNBC/Statista list evaluates over 2,000 fintech firms globally, assessing metrics such as revenue, user growth, and funding. Priority's inclusion in this elite group highlights its innovative technology platform and the significant value it delivers across the financial ecosystem [2].
Additionally, Priority Technology Holdings was ranked #45 on Forbes' list of America's Most Successful Small-Cap Companies. This ranking, based on growth in revenue, earnings, and stock performance, further underscores the company's sustained recognition as a global fintech leader [2].
While the company's financial performance and growth are commendable, it is also worth noting that Priority Technology Holdings recently announced a strategic move to refinance its existing debt. The company plans to issue new senior credit facilities, including a $70 million revolving credit facility and a $1.0 billion term loan, to optimize its capital structure and support future growth initiatives [1].
These new senior credit facilities are expected to close in the third quarter of 2025 and will extend the maturity of the revolving credit facility to 5 years and the term loan to 7 years. The proceeds from these facilities will be used to refinance existing debt, partially finance a prospective tuck-in acquisition, settle certain contingent consideration related to the Company’s prior acquisition of Plastiq, and pay transaction fees and expenses [1].
The company's Chief Financial Officer, Tim O’Leary, commented on the refinancing initiative, stating that it aligns with Priority's ongoing strategy to optimize its capital structure and is supported by the current favorable debt market conditions. The recent upgrade of Priority's debt rating to 'B1' by Moody's and the positive outlook on Priority’s B rating by S&P further bolster the company's financial position [1].
In conclusion, Priority Technology Holdings' continuous recognition as a global fintech leader, coupled with its strategic refinancing initiative, positions the company well for future growth and success in the competitive fintech landscape.
References:
[1] https://www.businesswire.com/news/home/20250708424137/en/Priority-Technology-Holdings-Inc.-Announces-Launch-of-New-Senior-Credit-Facilities
[2] https://finance.yahoo.com/news/priority-named-cnbc-list-world-161200903.html

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