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PlexPay launches first complete patient finance and payments platform

Wednesday, July 15, 2026 — 16:37:01 (UTC)

Jul 15, 2026 9:00 AM Eastern Daylight Time

PlexPay Launches First Complete Patient Finance and Payments Platform, Leveraging U.S. Bank Avvance®

Fintech platform enables practices to approve more patients, streamline operations, and accelerate case acceptance

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--PlexPay, the patient finance and payments platform that enables providers to drive growth in their practice while making care more accessible, today announced the launch of its merchant processing and patient finance program. The new program leverages U.S. Bank Avvance, the embedded point-of-sale lending solution powered by U.S. Bank.

Out-of-pocket healthcare expenditures in the U.S. are expected to grow from $597 billion in 2026 to $724 billion in 2031 according to the most recent data from CMS.gov, yet practices continue to lose case acceptance due to fragmented, outdated financing tools. PlexPay addresses this gap head-on with a single credit application that serves patients across the income and credit spectrum, reducing the time for a patient to secure financing by up to 75%, allowing staff to spend more time caring for their patients.

“PlexPay’s mission is simple: patients deserve increased access to the care they need, and providers deserve a better way to deliver it. Today’s existing financing processes are a barrier to both – they're slow and fragmented. By compressing what used to take 20 minutes down to less than five, we're not just improving efficiency - we're helping providers treat more patients and giving those patients a clear, simple path to the care they deserve. We then achieve two outcomes: a better patient experience and a stronger practice,” said Brendon Kensel, Founder & CEO, PlexPay.

Patient Finance Program

PlexPay's patient finance program leverages Avvance point-of-sale lending to bring embedded financing to healthcare practices of all sizes. The program offers financing from $300 to $25,000, including 0% APR options for qualified applicants with no deferred interest and no hidden fees. Patients receive clear, transparent payment options in seconds and can view the loan options they qualify for without impact to their credit score.

“With U.S. Bank Avvance integrated into PlexPay’s provider-first platform, more healthcare practices can provide real-time financing solutions to their patients at the time of need,” said Emily Hartye, head of U.S. Bank Avvance and Point-of-Sale Lending. “For patients, this provides a new option to manage the cost of care over time with clear repayment plans, transparent terms and the ability to pre-qualify with a soft credit check.”

A Platform Built for the Way Practices Actually Work

PlexPay is designed to drive the growth of elective-care practices and offers a turnkey patient finance and payments platform that replaces a fragmented, multi-step process with one seamless experience. A single application serves patients across the income and credit spectrum and qualified applicants receive clear payment options in seconds while allowing practice staff to focus on care, not paperwork. Additionally, the PlexPay platform offers practice finance to buy or expand healthcare practices, and equipment finance to buy new or upgrade critical equipment. For the first time, providers can work with a single, trusted financial partner to help serve more patients and to grow their practices.

For more information about PlexPay, contact us at plexpay.com.

About PlexPay

PlexPay is a FinTech company that is redefining what's possible with the industry's first complete patient finance and payments platform. With PlexPay, growth isn't complicated - it's built in. When providers thrive, patients benefit, and care moves forward. Learn more at plexpay.com.

Contacts Media Contact: Suzanne Block, on Behalf of PlexPay Press@plexpay.com

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Source: Company press release.

Categories: New Product