About Payix

Road Payix

Payix provides collections tools, payment processing resources and business intelligence solutions to the nation’s lenders and auto dealers. Offering white-label services and real-time loan management system integration, Payix helps lenders improve their ability to communicate and collect payments from borrowers.

Values and Guiding Principles

At Payix, we have five values that serve as the foundation of our beliefs and reflect our collective truth. They are:

  • Honesty – To be unfailingly honest with each other. The truth will bruise a relationship, but a lie will kill it.
  • Kindness – To be kind, patient and respectful. To get value from gold, you must dig for it. To get value from people, you must listen for it.
  • Determination – To consistently strive for quality. If it’s worth doing, it’s worth doing right.
  • Collaboration – To collaborate when facing challenges and solving problems. Never allow fear or ego to block progress.
  • Selflessness – To be generous with and share your knowledge, time and capabilities. Build bridges, not barriers.

By subscribing to these values as team members, clients, investors, vendors and business partners, together we can create an environment that fosters our five guiding principles:

  • Promote teamwork and camaraderie
  • Encourage everyone to contribute, learn and grow
  • Drive innovation and responsible risk-taking
  • Expect acceptable and appropriate behavior
  • Hold everyone accountable for their actions

In so doing, Payix will always be an organization that is truly committed to working hard, creating continuous lasting value, and winning together.

Leadership profiles

Chris Chestnut
President and Co-founder

Chris is an auto finance veteran with nearly 20 years of industry experience. Prior to co-founding Payix, he was Co-founder and Chief Information Officer for Innovate Auto Finance. Before that he served as an officer in the Information Technology Services department at AmeriCredit (GM Financial), where he worked in the Web Technology, Consumer Strategy, Product Development and Data Warehouse Administration areas. Chris earned a Bachelor of Arts degree in Communication at the University of Texas at Arlington.

Preston Cecil
Chief Operating Officer and Co-founder

Preston is an expert in Economics, Risk Management, Research and Analytics with 10 years of experience in financial services. Prior to co-founding Payix, he was Vice President of Risk Management at Innovate Auto Finance. He previously was Director of Quantitative Research for Rushmore Investment Advisors. Preston earned a Bachelor of Arts degree in Economics at Austin College and a Master of Science degree in Economic Research, Probability and Statistics at the University of North Texas.

Priscilla Zarate
Finance & Accounting Leader

Priscilla joined the company in April 2017 as Corporate Controller and leader of the Finance and Accounting functions. She has worked in corporate financial roles for 10 years, including as Controller for Innovate Auto Finance. Prior to working for Innovate, she also held positions with Alcon Laboratories and Marketing Management Inc. Priscilla earned a Bachelor of Business Administration degree in Management from Tarleton State University in Stephenville, Texas, and a Bachelor of Business Administration degree in Accounting from Tarleton State University in Fort Worth.

Brian Anderson
IT and Client Integration Leader

Brian joined the company in September 2016. His Information Technology career has spanned more than 25 years in disciplines from software engineering and architecture to project management and digital marketing. He has an extensive background in software and hardware implementations and has a passion for solving the technology needs of every size enterprise. Prior to joining Payix, Brian worked for several financial services organizations, including Fidelity Investments, Innovate Auto Finance and AmeriCredit (GM Financial).


Payix is PCI DSS Level 1 Certified

The Payment Card Industry (PCI) Security Standards Council (an organization formed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc.) created the PCI Data Security Standard (DSS) to ensure that businesses follow best practices for protecting their customers’ payment card information. The Standard applies to all entities that store, process or transmit cardholder data and/or sensitive authentication data including merchants, processors, acquirers, issuers, and service providers.

Payix is PCI DSS Level 1 certified, which demonstrates our commitment to information security at the highest level. The PCI DSS standard is validated by an external independent third party, and it confirms that our security management program is comprehensive and follows leading industry practices. This validation provides our clients and their borrowers assurance with regards to our security practices.

Our History

Payix Inc. was founded in April 2016 to develop a mobile-based collections tool to help the nation’s lenders and auto dealers engage borrowers and improve their ability to make payments. The company was founded by Chris Chestnut, Preston Cecil and Joe Radest, and together they have created solutions that allow small-to-medium sized independent lenders and dealers leverage the use of data and mobile-technology in ways that were previously available only to major financial institutions and captive lenders. The company registered as a Delaware C Corp. in late 2016 and publicly launched its suite of products in March 2017.