Paymentus Holdings

Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offer customers easy-to-use, flexible and secure electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Charlotte, NC.

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Paymentus Holdings excels in Q4 2022, eyes revenue growth

Paymentus Holdings reported robust financial and strategic performance in Q4 2022, with revenue and contribution profit showing significant growth. Despite challenges related to pricing actions and inflation, the company is focused on managing expenses and driving revenue growth in 2023.

Paymentus Holdings (PAY) reports stellar Q1 results and eyes growth opportunities

Paymentus Holdings (PAY) delivered a strong Q1 performance, exceeding revenue and EBITDA expectations. The company's focus on client relationships, strategic partnerships, and backlog growth positions it well for future success. Addressing cash flow concerns and optimizing operations present opportunities for sustained profitability and growth.

Paymentus Holdings (PAY) reports strong Q2 earnings and growth opportunities

Paymentus Holdings (PAY) delivered robust financial results in Q2 2023, showcasing strong revenue growth, improved profitability, and enhanced guidance for the full year. The company's strategic focus on client onboarding, partnerships, and innovation positions it well for future success amidst a competitive landscape.

Paymentus Holdings (PAY) reports strong Q3 performance and raises full-year guidance

Paymentus Holdings delivered robust Q3 results, exceeding expectations and showcasing strong financial performance with a focus on sustainable growth.
Management's strategic guidance and ability to raise full-year outlook demonstrate confidence in the company's trajectory and long-term value creation.
While facing challenges such as margin expansion and seasonality impacts, Paymentus remains well-positioned to capitalize on opportunities for revenue growth and market expansion.

Paymentus Holdings reports strong Q4 results and optimistic 2024 guidance

Paymentus Holdings demonstrated robust financial performance in Q4 2023 and provided optimistic guidance for 2024, driven by strong backlog and client signings across verticals.
The company's strategic focus on automating payment workflows, collaborating with banks for real-time network value, and efficient cost management through operating leverage positions it well for future growth.
While facing challenges such as softening contribution profit margins and OpEx growth, Paymentus Holdings has opportunities to diversify, optimize expenses, and enhance profitability through strategic investments.

Paymentus excels in Q1 2024, poised for sustained growth

Paymentus delivered strong financial performance in Q1 2024, exceeding targets and showcasing operational excellence. With a focus on organic growth, efficient capital allocation, and innovative AI integration, the company is well-positioned for sustained success despite potential challenges in managing expenses and optimizing contribution profit.

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Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offer customers electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Charlotte, NC.

REDMOND, Wash.--(BUSINESS WIRE)--Paymentus leading frictionless bill pay solutions enhance GLDS comprehensive customer management platform for broadband operators in North America.

Paymentus and GLDS Team Up to Streamline and Expand Payment Solutions for Broadband Customers

Paymentus recently announced two strategic acquisitions to bolster its IPN capabilities. Both deals make good strategic sense and should expand the medium to longer-term growth runway.

Paymentus: Growth Potential Intact But Premium Valuation Is A Hurdle

MIAMI, Aug. 11, 2021 /PRNewswire/ -- Black Dragon Capital℠ ("BDC", "Black Dragon℠"), a high-performing private equity firm founded and led by a diverse manager and team who have a track record of outstanding operating and investment success in growth sectors disrupted by digitization, announced today the sale of Payveris to Paymentus (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions for more than 1,300 billers across North America. Payveris was founded in 2011 by Louis Hernandez Jr., Founder and CEO of Black Dragon Capital℠.

Black Dragon Capital℠ Completes Sale of Leading Cloud-Base Payment Solution Payveris

Paymentus Holdings' (PAY) CEO Dushyant Sharma on Q2 2021 Results - Earnings Call Transcript

Paymentus Holdings, which offers cloud-based bill payment technology tools, is acquiring Payveris, a cloud-based software provider that streamlines person-to-person (P2P) and account-to-account (A2A) money transfers. “We started our relationship with Payveris as a multi-faceted partnership and it quickly became apparent that their technology and team are best-in-class and would be incredibly additive to our platform […]

Bill Tech Firm Paymentus Signs Acquisition Deal With P2P Startup Payveris

REDMOND, Wash.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced financial results for its second quarter ended June 30, 2021. "I'm very pleased with our first quarter as a public company. We had strong Q2 results and we've made solid progress on the execution of our multi-pronged strategy during the 2nd quarter," said Dushyant Sharma, CEO and Founder. "In addition, we believe our acquisitio

Paymentus Reports Second Quarter 2021 Financial Results

REDMOND, Wash.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE:PAY), a leading provider of cloud-based bill payment technology solutions, today announced that it has signed a definitive agreement to acquire Payveris to accelerate its initiatives to serve financial institutions and expand the reach of Paymentus' proprietary Instant Payment Network®. Payveris is a leading provider of cloud-based software that enables over 265 banks and credit unions to modernize and simplify bill p

Paymentus to Acquire Payveris, a Leading Provider of Money Movement Solutions for Financial Institutions

REDMOND, Wash.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its second quarter financial results after the market close on Tuesday, August 10, 2021. The company will discuss the results in a webcast at 2 p.m. Pacific Time (5 p.m. Eastern Time) on August 10. The webcast can be accessed on the investor relations section of the Paymentus website at ir.paymentus.com. About Paymentus Paymentus

Paymentus to Release Second Quarter 2021 Earnings Results on August 10, 2021

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Six IPOs raised $1.8 billion ahead of the short holiday week, joined by one direct listing and five SPACs. Returns bounced back after tumultuous trading earlier this month, with the week's deals all finishing above issue.

U.S. IPO Weekly Recap And Week Ahead

Paymentus aims to automate and improve the payment of bills. The company has solid traction and while it is innovative in terms of bills, the payment system at large is innovative as well.

Paymentus - Smarter Bills In An Innovative Landscape

In this heady market environment, initial public offerings (IPOs) have come fast and furious. Within the payments space, the parade of disruptors continues, as Paymentus became the most recent market entrant, rising nearly 40 percent in its trading debut to end the day at $28.61, up from its issue $21 issue price.

Paymentus CEO Seeks To Disrupt Outdated, Fragmented Bill Pay Industry

Paymentus Shares Soar 40 Pct On First Trading Day

Shares of Paymentus Holdings Inc. are heading higher in the company's stock-market debut as investors bet on a company hoping to modernize the most archaic aspects of consumer bill payments.

IPO Report: Paymentus stock surges nearly 40% in IPO debut

Two U.S. payments platforms — Paymentus and Flywire — are seeking initial public offerings at the top of their marketed range. Both started trading on Wednesday (May 26) and are expected to close on Friday (May 28).

New Payments IPOs: Paymentus Looks To Raise $210 Million; Flywire Seeks $251 Million

Cloud-based bill payment technology solutions provider, Paymentus Holdings Inc (NYSE: PAY), has priced 10 million shares at $21 per share to raise $210 million from its initial public offering (IPO) as initially reported. The underwriters have 30 days to purchase additional shares up to 1.5 million.

Paymentus Raises $210M From IPO at $21/Share; Trading Begins Today

Paymentus Holdings Inc. a provider of cloud-based bill payment technology, said Wednesday its initial public offering priced at $21, the high end of its proposed range of $19 to $21. The company offered 10 million shares to raise $210 million.

Paymentus IPO prices at $21, top end of its proposed range

REDMOND, Wash.--(BUSINESS WIRE)---- $PAY--Paymentus Holdings, Inc. (“Paymentus”), a leading provider of cloud-based bill payment technology solutions, today announced the pricing of its initial public offering of 10,000,000 shares of its Class A common stock at a price to the public of $21.00 per share. Paymentus has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and

Paymentus Announces Pricing of Initial Public Offering

ZipRecruiter, the fourth company this year to go ahead with a direct listing, is leading a slate of seven companies to the public equity markets this week.

News for Paymentus Holdings Stock (PAY)