Scaling Payments: How Meadow Transformed Their Business and Higher Education with Finix

The Challenge: Addressing Outdated Systems and Rising A/R

Higher education institutions are grappling with dual crises. A recent survey of 150 education leaders revealed that over half (52%) report rising A/R balances, with 33% citing outstanding balances exceeding $5 million. These financial pressures are exacerbated by outdated payment platforms that fail to meet students’ expectations for convenience and transparency.

Student account offices are often understaffed and overwhelmed, lacking the tools necessary to effectively promote on-time payments. Meanwhile, students face clunky interfaces and limited payment options, creating friction that discourages timely payments or leads to missed deadlines.

For Meadow, the vision was clear:

• Design a mobile-first, intuitive payment experience that empowers students.

• Equip institutions with automation and personalization tools to alleviate manual workloads.

• Drive tangible results, like increased on-time payments, while maintaining operational efficiency.

However, turning this vision into reality required a payment infrastructure that was scalable, secure, and flexible. That’s where Finix came in.

The Solution: A Partnership Rooted in Innovation

From the outset, Meadow prioritized creating a seamless user experience for both students and administrators. Their flagship solution, Meadow Pay, enables schools to offer personalized payment plans, automated communications, and self-serve options—all within a sleek, student-friendly interface. However, building a robust backend to support this innovation required expertise in payments infrastructure. Meadow solved this challenge by partnering with Finix.

Why Finix?

Finix’s full-stack payments platform provided the foundation Meadow needed to scale their operations. Through this partnership, Meadow and Finix were able to:

• Simplify Transactions: Finix’s flexible APIs allowed Meadow to design a payment system where students could complete transactions in just a few clicks.

• Ensure Security: Advanced compliance and fraud prevention tools ensured all payments were secure, meeting the stringent requirements of higher education institutions.

• Support Scale: Finix’s infrastructure enabled Meadow to handle increasing transaction volumes seamlessly, preparing them for continued growth.

“Working with Finix has allowed us to provide a flexible, secure payment experience that makes it easy for students to pay in just a few clicks,” said Alfredo Brillembourg, CEO and co-founder of Meadow. “Our partnership has enabled us to drive meaningful innovation in an industry that’s long overdue for transformation.”

The Results: Transforming the Student Financial Experience

Since partnering with Finix, Meadow has achieved remarkable results, demonstrating the power of modernizing payments in higher education:

• 47% Increase in On-Time Payments: Institutions using Meadow Pay have reported significant year-over-year improvements in payment timeliness.

• Improved Operational Efficiency: Automated communications and streamlined workflows have substantially reduced the administrative burden for student account offices, freeing them up to focus on serving students.

• Scalable Growth: Meadow is now processing payments for thousands of students across dozens of campuses, with a total payment volume (TPV) run-rate of $200 million.

These results underscore the transformative impact of combining Meadow’s innovative design with Finix’s powerful payments infrastructure. Together, the two companies are not just enhancing payment experiences—they’re redefining how higher education institutions approach financial operations.

Looking Ahead: Scaling with Confidence

The partnership between Meadow and Finix is just beginning. As Meadow continues to expand its footprint, their collaboration with Finix will be instrumental in enabling further growth. From enhancing platform capabilities to exploring new ways to support students and institutions, the future is bright for this dynamic duo.

“Payments in colleges and universities have been harder than they have to be,” said Richie Serna, CEO and co-founder of Finix. “We are excited to partner with Meadow to change that.”

By leveraging Finix’s technology, Meadow is empowering institutions to deliver a modern, student-first financial experience. And for students, paying tuition is now as intuitive as ordering a pizza—simple, quick, and hassle-free.