What is MLS Direct Network?
Founded in 2000, MLS Direct Network operates as a cooperative buying network, providing processor-direct wholesale pricing within the electronic payment industry. The company empowers merchants through a suite of services including credit and debit card processing, robust eCommerce solutions, and accessible cash advances. With a substantial national footprint of over 100 offices and strategic alliances with the country's top three processors, MLS Direct Network is dedicated to ensuring its members achieve stabilized profits and reduced attrition rates. Their commitment to client support is further evidenced by 24/7 live assistance for all payment processing needs.
How much funding has MLS Direct Network raised?
MLS Direct Network has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in MLS Direct Network
PPP
Public-Private Partnership
What's next for MLS Direct Network?
The company's large-scale late-stage funding context, coupled with a recent strategic investment, suggests a focus on further market penetration and technological advancement in the electronic payment processing space. This capital infusion is likely to fuel expansion initiatives, enhance service offerings, and solidify MLS Direct Network's competitive advantage against rivals. The strategic nature of the recent financing indicates potential collaborations or acquisitions aimed at broadening their service portfolio or geographic reach, positioning the company for sustained growth and increased market share.
See full MLS Direct Network company page
