Recapitalization | Current
Knoxville, TN
January 2019
RAM Payment LLC (“Reliant”) is a multi-rail fintech payment platform that unifies the movement and custody of fiat and digital assets for consumers and businesses. Reliant operates nationwide as a regulated and fully licensed financial entity powered by 46 money transmitter licenses and strong agency relationships with sponsor banks. RAMFi, Reliant’s proprietary platform, is industry-agnostic and powers fintechs that build on top of it.
Combined with a strong compliance foundation, Reliant supports use cases in regulated industries including debt settlement, crypto on- and off-ramping, first- and last-mile remittances, and mass disbursements, including class action settlements and legal tort distributions. Reliant provides broad payment and disbursement capabilities, including ACH (traditional and same day), wire, debit and credit card processing, push and pull from card (AFT and OCT), gift cards, Venmo, PayPal, RTP, FedNow, cross-border, virtual and pre-paid card issuance, and checks. Reliant supports its payment processing offerings with an in-house call center, combining technology-forward infrastructure with the operational depth of a seasoned financial services company.
The owners partnered with Westshore to diversify their net worth, prepare for retirement, and partner with a seasoned equity investor to support the continued growth of RAM through internal growth and acquisitions.
