Overview
Bottomline is a corporate payments and treasury platform founded in 1989 in Portsmouth, New Hampshire. The company was acquired by Thoma Bravo for $2.6 billion in May 2022 after trading as a public company (Nasdaq: EPAY). Current CEO Craig Saks joined in May 2022 from ACI Worldwide. Bottomline has made 11+ acquisitions including TreasuryXpress.
Highlights
- Company heritage: Founded 1989, 35+ years in business
- Thoma Bravo ownership: $2.6B take-private (May 2022)
- Bea AI Agent: Conversational AI for treasury launching early 2026 (LLM + predictive analytics)
- Paymode-X network: $16T+ payments annually, massive vendor network
- Multi-layered AI fraud detection: Security-focused payment processing
- “Make complex business payments simple, smart, and secure” mission
- Scale: 600,000 companies globally
- Use cases: Payment automation, fraud detection, cash management, financial messaging
Founded
1989 in Portsmouth, New Hampshire. Founded by Craig Saks (CEO since May 2022, ex-ACI Worldwide).
Headquarters
Portsmouth, New Hampshire.
Ownership and funding
Acquired by Thoma Bravo for $2.6B (May 2022); former public company (Nasdaq: EPAY). 11+ acquisitions including TreasuryXpress.
Core technology
Bea AI Agent (launching early 2026), conversational AI for treasury with LLM + predictive analytics. Paymode-X network ($16T+ payments annually). Multi-layered AI fraud detection.
Market position
Corporations, financial institutions, banks; 600,000 companies globally.
Product philosophy
“Make complex business payments simple, smart, and secure”, AI as “trusted team member” in CFO’s office.