Nexio

In 2008, David Decker founded Nexio in Orem, Utah, to tackle the growing complexity of online payments. The goal was to create a payment orchestration platform that would simplify the process for businesses, allowing them to connect to multiple payment gateways and tools through a single integration. This approach gives merchants the flexibility to scale globally and manage their payment strategies without being locked into a single provider. By building a modern, agile technology stack, Nexio provided a solution for companies to manage everything from fraud prevention to transaction routing. In December 2022, a significant event occurred when Nexio announced it was consolidating brands with its parent company, Complete Merchant Solutions (CMS). Decker, a co-founder of CMS, noted that Nexio was initially created to meet the technological needs that CMS couldn't address alone. This brand consolidation aimed to create a more unified and powerful payments platform. In 2023, the company entered a new chapter when Roy Banks, who had been a board member since 2018, was appointed as the new CEO, with Decker remaining on the board. This leadership change positioned Nexio to further leverage its technology, with a focus on helping customers use payment technology to operate more efficiently and accelerate growth.