NMI Acquires Fee Navigator to Add AI Pricing to Embedded Payments
NMI announced on Jun 02, 2026, that it has acquired Fee Navigator, a specialist provider of AI-powered pricing intelligence for payments companies. Fee Navigator's technology analyzes merchant statements and recommends optimized pricing based on partner-defined goals and risk tolerance. The acquisition integrates those capabilities into NMI's embedded payments platform, which serves ISOs, ISO agents and ISVs.
NMI CEO Steve Pinado described the deal as a natural extension of the company's strategy to build a white-label embedded payments platform for channel and enterprise partners. The move follows NMI's recent acquisition of Dwolla, which added account-to-account payments, real-time payments and payout capabilities. Financial terms were not disclosed.
- NMI is consolidating an end-to-end embedded finance stack covering payments, payouts, and lending, increasing competitive pressure on rival BaaS and payment infrastructure providers.
- AI-driven pricing tools embedded at the infrastructure layer could become table stakes for payment platforms serving intermediaries.
- OfficialNMI Press Release