Key Data

• Trading Name: 
• Legal Entity: OneBox Professionals UK Limited/OneBox Holdings Pty Ltd/Onebox Holdings US LLC/Onebox Professionals Canada Ltd
• Activities: Payment Gateway Software
• Location: Australia/UK/USA/Canada
• Regulations: unregulated
• Key People: Jeremy Coombe

Apxium is a software provider specializing in payment gateway solutions and financial management systems. Its key offerings include payment processing tools, debtor management software, and real-time analytics capabilities. As a provider in the financial technology space, Apxium must adhere to various regulatory and compliance standards to ensure secure and reliable operations.

Offering

Apxium’s payment gateway software offers a range of features designed to facilitate financial transactions, there are areas where it could potentially improve. The software provides convenient payment options and automates payment reminders and follow-ups, which indeed helps in mitigating the burden of late payments and enhancing cash flow.

Additionally, while the real-time reporting and analytics are beneficial for understanding payment performance, the actual utility of these insights may vary. The depth and granularity of the data provided can significantly impact whether businesses can truly optimize their payment processes and efficiency.

Moreover, Apxium’s integration with existing accounting systems and its additional debtor management software suggest a comprehensive approach to financial management. Nonetheless, the ease and effectiveness of these integrations could vary, and they might introduce complexities, especially for smaller businesses or those with less sophisticated IT infrastructure.

Key features include:

• Automated AR and communications
• Payment Gateway
• All payments
• Reporting
• Funding

Customer Review

Google: 5 Stars with 11 Reviews

Regulation

Apxium operates as a provider of financial technology services, specifically in payment processing and debtor management. However, it’s important to note that Apxium itself is not directly regulated by any financial regulators. This means that while the software facilitates financial transactions, the company does not fall under the direct oversight of financial regulatory bodies such as the Securities and Exchange Commission (SEC) or the Financial Conduct Authority (FCA). Instead, Apxium must ensure that its software complies with the standards and regulations applicable to its clients’ industries, which may include adhering to data protection laws, PCI DSS standards, and anti-money laundering protocols.

Conclusion and Rating

To summarise, Apxium offers a comprehensive suite of financial technology solutions that enhance the payment processing capabilities of businesses. The software supports a range of payment methods and integrates key features such as automatic payment reminders and advanced reporting analytics. While the company effectively addresses the needs of businesses to streamline financial transactions and improve cash flow, the lack of direct regulatory oversight may raise concerns among some stakeholders. However, Apxium mitigates these concerns by ensuring that its software complies with relevant industry standards and regulations.

We rate Apxium GREEN as we have not found anything negative about it, it has all the necessary data and its customer credentials speak in its favour.