IPay Technologies opens new HQ

Source: iPay Technologies

iPay Technologies, a leading choice for online bill payment solutions for community financial institutions, marked its fifth anniversary by opening a new headquarters in Elizabethtown, Kentucky.

Since its inception in 2001, the company has created more than 200 jobs for people in the local community, with a projection of over 250 employees by Q1 2007.

The new offices for iPay are located on 11 acres of land and are designed to accommodate the company's rapid growth. The first of several buildings on the iPay campus opened on July 24, 2006 and offers more than 44,000 square feet of office space. The company anticipates opening additional buildings for the campus within a year at the current rate of employee hiring.

"iPay's double-digit growth is beyond our wildest dreams. In hindsight, we did not dream big enough when we started iPay Technologies," said Dana Bowers, founder of iPay Technologies. "Our employees assist hundreds of thousands of consumers in simplifying their regular bill payment activities and freeing up more time for their personal lives. Within five years, we’ve attracted more than 1,100 financial institution clients, built a comprehensive database of payees and continue to expand our end-user subscriber base to serve consumers across the country. We are thrilled with the success of our simple concept to make it easy for banks and credit unions to offer a bill payment solution that competes with their large national competitors."

iPay's client roster consists of a broad spectrum of financial institutions ranging from de novo banks to large regional banks and credit unions located across the United States and Puerto Rico.

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