XUP Payments

XUP Payments is a Banking as a Service (BaaS) platform based in Charlotte, North Carolina. Founded in 2020 by Chris May, Craig Sobol, and Kyle Bridges, the company emerged as a spin-off of Midtown Consulting Group. XUP Payments focuses on enhancing the merchant experience by providing innovative payment solutions. In November 2021, the company was acquired by KeyBank, which had been an early investor, further integrating XUP's technology into KeyBank's merchant payments capabilities. The platform offers a vertically aligned payments system that connects financial service providers, processors, merchants, and customers. It allows merchants to manage transactions and accounts directly within a bank's online banking system and supports omni-channel services for seamless transaction experiences. XUP Payments serves various industries, including Healthcare, Banking, and Logistics, helping partners build stronger customer relationships through tailored payment solutions.