OverviewSuggest Edit
Paymentus is a company that provides secure electronic bill presentment and payment services. It operates a SaaS-based platform that enables direct-bill organizations to provide electronic billing and payment services. The company serves utility, financial service, insurance, government, telecommunication, and healthcare industry.
| Type | Public | |
| Founded | 2004 | |
| HQ | Redmond, WA, US | Map |
| Website | paymentus.com | |
| Employee Ratings | More |
Key People/Management at Paymentus
Dushyant Sharma
CEO, President, Board Director
Matt Parson
Chief Financial Officer
Jerry Portocalis
Chief Commercial Officer
Robert Palumbo
Board Director
Paymentus Office Locations
Paymentus has offices in Redmond, Charlotte, Blacksburg, Richmond Hill and in 3 other locations
Redmond, WA, US (HQ)
18390 NE 68th St
Charlotte, NC, US
13024 Ballantyne Corporate Pl #450
Richmond Hill, CA
1595 16th Ave
Paymentus Financials and Metrics
Paymentus Revenue
Paymentus's revenue was reported to be $395.52 m in FY, 2021
| USD | |
|---|---|
Revenue (FY, 2021) | 395.5m |
Gross profit (FY, 2021) | 121.4m |
Gross profit margin (FY, 2021), % | 30.7% |
Net income (FY, 2021) | 9.3m |
EBIT (FY, 2021) | 10.4m |
Market capitalization (13-May-2022) | 1.6b |
Closing stock price (13-May-2022) | 13.7 |
Cash (31-Dec-2021) | 168.4m |
EV | 1.5b |
Paymentus's current market capitalization is $1.6 b.
Annual
Quarterly
Annual
| USD | Q1, 2019 |
|---|---|
Revenue/Employee | 230.2k |
Paymentus Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Finovera, Inc. | ||
| Fiport Software India Pvt Ltd | ||
| Paxcom India Private Limited | ||
| Paymentus Acquisition Corp. | ||
| Paymentus (Canada) Corporation | ||
| Paymentus Corporation | ||
| Paymentus Group, Inc. | ||
| Payveris Cooperative LLC | ||
| Payveris, LLC | ||
| Tele-Works, Inc. |
Paymentus Revenue Breakdown
Paymentus revenue breakdown by business segment: 98.8% from Payment Transaction Processing Revenue and 1.2% from Other
Paymentus revenue breakdown by geographic segment: 97.9% from United States and 2.1% from Other
Paymentus Cybersecurity Score
Paymentus Environment, Social & Governance (ESG) Ratings
Paymentus Online and Social Media Presence
487 Twitter followers
Paymentus has 487 Twitter Followers. The number of followers has increased 0.8% month over month and increased 5% quarter over quarter
Paymentus's Trends
Twitter Engagement Stats for @PaymentusCorp
555
Tweets
136
Following
487
Followers
17
Tweets last 30 days
2.6
Avg. likes per Tweet
94.1%
Tweets with engagement
Paymentus News and Updates
August 11, 2021
Paymentus to acquire Payveris
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’ propr…
May 26, 2021
Paymentus IPO prices at $21, top end of its proposed range
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. Underwriters have the option to purchase an additional …
May 26, 2021
Paymentus Said to Price IPO at Top of Range, as Does Flywire
Paymentus Said to Price IPO at Top of Range, as Does Flywire
May 18, 2021
Paymentus files for IPO
Electronic billing and payments network Paymentus is looking to raise $210 million at a $2.4 billion valuation in an initial public offering.
Paymentus Blogs
May 23, 2022
Case study: How a Modern, Customer-Centric Payments Platform Helped Propel One Company’s Decision Not to Reopen Offices
Paymentus was proud to support Austell Natural Gas's rapid digital transformation as they opted to remain a fully-remote organization after peak-pandemic office closures. The company was able to make the transition while actually expanding customer payment options and increasing satisfaction. Read t…
April 21, 2022
Case Study: How a Telecom Company Reduced Call Volume by 45% and Improved Customer Ratings
Since signing on with Paymentus, Shentel has experienced dramatic improvements in its operations and a significant increase in its customer experience and satisfaction scores Read the case study to learn how: Paymentus helped Shentel drive adoption of more automated payment methods, resutling in a 6…
March 28, 2022
Case Study: How a Mortgage Company Saved Thousands Through Automation
After partnering with Paymentus over 5 years ago, one mortgage company has experienced a significant reduction in the cost to serve customers through the adoption of more modern, digital payment options. Read the case study to learn how: Paymentus doubled the number of payment channels available to …
March 07, 2022
Case Study: How Sarasota County Increased Autopay Enrollment by 43% in Just Two Months
Since Implementing Paymentus Instant Payment Network® Sarasota County Public Utilities has transformed how local Florida residents pay for their water services and significantly increased billing and payments automation for the county. Read the case study to learn how: Paymentus integrated with Sara…
February 25, 2022
Best in Class: Paymentus Named Number One Amongst Biller Direct EBPP Vendors in New Report
A new report from leading financial services research firm Aite Noverica has named Paymentus as the Best in Class industry leader. The report focused on nine of the top Electronic Bill Payment & Presentment (EBPP) providers and evaluated each based on set criteria such as Vendor Stability, Clien…
August 03, 2021
THE PANDEMIC, UTILITIES, AND THEIR CUSTOMERS: What Happened, and What’s Next? A TMG Research Report
"As the Covid-19 pandemic slowly comes under control, the utility industry is seeing a return to normal business operations, but also confronting new challenges. Long viewed as being slow to move and risk averse, the utility industry proved its mettle and agility in responding to the pandemic, ensur…
Paymentus Frequently Asked Questions
When was Paymentus founded?
Paymentus was founded in 2004.
Who are Paymentus key executives?
Paymentus's key executives are Dushyant Sharma, Matt Parson and Jerry Portocalis.
How many employees does Paymentus have?
Paymentus has 900 employees.
What is Paymentus revenue?
Latest Paymentus annual revenue is $395.5 m.
What is Paymentus revenue per employee?
Latest Paymentus revenue per employee is $439.5 k.
Who are Paymentus competitors?
Competitors of Paymentus include Chargebee, AvidXchange and Recurly.
Where is Paymentus headquarters?
Paymentus headquarters is located at 18390 NE 68th St, Redmond.
Where are Paymentus offices?
Paymentus has offices in Redmond, Charlotte, Blacksburg, Richmond Hill and in 3 other locations.
How many offices does Paymentus have?
Paymentus has 7 offices.
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