Evolv has been collaborating with banks, associations, and sales offices to offer payment acceptance solutions. Credit: Teerachai Jampanak/ Shutterstock.

Evolv has expanded its payments capabilities with the purchase of Virginia-based payment solutions provider EnzoPay.  

This acquisition is said to bolster Evolv’s distribution network and its leadership position, creating new opportunities for payment solutions and growth within the Mid-Atlantic region. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

This move will see EnzoPay transition to operate as Evolv Mid-Atlantic.  

EnzoPay CEO Steve Harler commented: “Before EnzoPay became an ISO of Evolv three years ago, I built and sold two ISOs, each requiring significant back-office capital. We chose Evolv for their shared services model, which allowed us to focus exclusively on sales and partnership development.  

“Within three years, we achieved revenue milestones that had previously taken me six years to reach with my other ISOs. This success is directly tied to Evolv’s exceptional back-office support and access to industry-leading platforms like TSYS, Fiserv, and FIS.” 

Evolv CEO said: “We are excited to welcome EnzoPay to the Evolv family. This partnership represents an exciting chapter in our growth strategy as we expand our reach and capabilities. EnzoPay’s proven track record and deep understanding of the payment landscape align perfectly with Evolv’s vision. Together, we are poised to accelerate growth in the region and deliver even more innovative solutions to our clients.” 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

According to Harler, the rebranding and launch of Evolv Mid-Atlantic will emphasise expansion efforts in Virginia, Washington D.C., Maryland, and New Jersey. 

As a multi-processor sales office, Evolv is offering products which includes point-of-sale systems, gateways, and terminals.  

Since 1998, Evolv has been collaborating with banks, associations, and sales offices to offer payment acceptance solutions. 

Evolv is said to be currently processing over $6bn annual transactions spanning 16,000 businesses.