The firm formerly known as Fattmerchant plans to be Orlando’s next $1B biz. Here’s how.

Fattmerchant Inc. has slimmed down its name to Stax, but the company’s growth plans are no less hungry. 

In fact, the Orlando-based fintech firm is aggressively moving toward unicorn status, an illustrious signifier in the tech industry reserved for privately-held companies that reach a valuation of $1 billion, CEO and founder Suneera Madhani told Orlando Business Journal. A change in the company’s name, a process that was announced April 20 after 18 months of planning, is just the start of Stax’s journey to becoming a unicorn, which also will include acquisitions and international expansion in 2021. Read more here.