Payment Nerds Secures $2 Million Credit Facility from Espresso Capital to Accelerate Growth

NASHVILLE, Tenn., Sept. 14, 2026 /PRNewswire/ -- Payment Nerds, a merchant services and payment processing company, today announced that it has secured a $2 million credit facility from Espresso Capital, providing additional capital to support the company's continued growth and expansion.

The financing will enable Payment Nerds to accelerate investments across its sales organization, technology infrastructure, strategic partnerships, and merchant services capabilities as the company expands its reach across the payments industry.

Founded by payments industry veteran Shawn Silver, Payment Nerds was built around a simple goal: to create a more modern and flexible approach to merchant services while giving businesses the technology, support, and payment solutions they need to grow.

"We built Payment Nerds with a clear vision for what modern merchant services should look like — more flexible, more technology-driven, and more aligned with the needs of the businesses we serve," said Shawn Silver, Founder and CEO of Payment Nerds. "This partnership with Espresso Capital gives us additional capital and flexibility to invest in the business at an important stage of our growth. We're focused on expanding our team, strengthening our technology and infrastructure, and continuing to build a company that can scale alongside our merchants and partners."

The non-dilutive credit facility gives Payment Nerds additional financial flexibility to pursue growth initiatives while preserving the company's existing equity structure. The capital is expected to support continued expansion of the company's sales and marketing efforts, technology and integration capabilities, and strategic hiring.

The financing also comes as Payment Nerds continues to strengthen its leadership team and expand its capabilities across specialized merchant segments. The company recently appointed Jacob Martin as Vice President of Sales, bringing more than 10 years of payments and merchant services experience to the organization, and promoted Trae Holthouse to Sales Manager as part of its continued investment in sales leadership and team development.

"Securing this facility is an important milestone for Payment Nerds, but more importantly, it gives us the flexibility to keep executing on the opportunities in front of us," said Silver. "We have a lot of work ahead of us, and we're excited about where we're going."

About Payment Nerds

Payment Nerds is a merchant services and payment processing company providing businesses with flexible solutions for accepting and managing payments. The company serves businesses across retail, e-commerce, and specialized industries, with a focus on streamlined onboarding, payment technology, integrations, and dedicated merchant support.

Founded by payments industry veteran Shawn Silver, Payment Nerds was created to bring a more modern approach to merchant services and build long-term relationships with the businesses and partners it serves.

Learn more at paymentnerds.com.

About Espresso Capital

Espresso Capital provides innovative credit solutions to growth-stage technology companies. Since 2009, Espresso Capital has helped hundreds of technology companies and their investors accelerate growth, extend runway, and increase strategic flexibility through flexible, non-dilutive capital solutions.

Learn more at Espresso Capital.

SOURCE Payment Nerds