About Paymentus
Paymentus is a company based in Atlanta (United States) founded in 2004. Paymentus has raised $23.6 million across 2 funding rounds from investors including Accel-KKR, GrowthWorks Capital and Relay Ventures. The company has 1,310 employees as of December 31, 2024. Paymentus has completed 3 acquisitions, including Billeo, Finovera and Paymentus. Paymentus operates in a competitive market with competitors including Billtrust, PaySimple, PayStand, AffiniPay and PayLease, among others.
- Headquarter Atlanta, United States
- Employees 1310 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyFinancial Services
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Phone
Locked
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Website
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Social
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- Legal Name Paymentus Holdings, Inc.
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Annual Revenue
$871.75 M (USD)41.86as on Dec 31, 2024
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Net Profit
$44.17 M (USD)97.87as on Dec 31, 2024
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EBITDA
$81.34 M (USD)67.05as on Dec 31, 2024
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Total Equity Funding
$23.6 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Sep 15, 2011
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Investors
Accel-KKR
& 2 more
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Employee Count
1310
as on Dec 31, 2024
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Investments & Acquisitions
Billeo
& 2 more
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IPO & Listings of Paymentus
Paymentus is a publicly listed company on the NYSE with ticker symbol PAY in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Paymentus
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Software Development Team
56 people
Sales and Marketing
40 people
Leadership Team
29 people
Senior Team
22 people
Finance and Accounting
11 people
Customer Team
11 people
Product Management Team
9 people
Full Team
7 people
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Funding Insights of Paymentus
Paymentus has successfully raised a total of $23.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Paymentus
Paymentus has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Accel-KKR, GrowthWorks Capital and Relay Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Investments are focused on mid-market software and technology-enabled services firms.
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Stage-agnostic sector-agnostic VC firm investing in Canada and the US
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Early-stage venture capital investments are provided by Relay Ventures.
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Investor details for Paymentus
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Investments & Acquisitions by Paymentus
Paymentus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Billeo, Finovera and Paymentus.
Investment portfolio details for Paymentus
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electronic billing and payment solutions are provided for multiple sectors.
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ePayment solutions are delivered to financial institutions via cloud platform.
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Ad commerce platform for direct purchases from advertisements.
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Locked | Locked | 2003 | Locked |
Complete acquisition details for Paymentus
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- Transaction dates
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Financial Statements - Paymentus
Detailed financials for Paymentus
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Paymentus Comparisons
Peer comparison for Paymentus
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Competitors of Paymentus
Paymentus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Billtrust, PaySimple, PayStand, AffiniPay and PayLease, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Invoice and payment management solutions are offered for small businesses.
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Online payment and invoicing solutions are offered to small businesses.
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Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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Self-hosted payment pages for B2B invoices are offered.
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Payment solutions are offered to the property management sector.
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Detailed competitors of Paymentus
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Latest news on Paymentus
Complete news archive for Paymentus
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Paymentus
Paymentus was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Paymentus is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Paymentus is a funded company, having raised a total of $23.6M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Paymentus is 1,310.
Annual revenue of Paymentus is $871.75M as on Dec 31, 2024.
Paymentus is a billing and payment solution provider which enables billers to send bills via electronic channels like web, mobile, IVR etc. and receive payments via different methods such as web, mobile app, SMS, IVR, iPad-based payment kiosks etc. It also provides a host of other services to clients such as managing and paying multiple bills, payment processing, self-serice portal, business intelligence analytics and customer communication. Paymentus platform can be integrated with any existing billing system. It boasts over 1000 clients in North America from various domains like utilities, government, healthcare, insurance and financial services.
Yes, Paymentus is publicly traded on NYSE under the ticker symbol PAY.
Paymentus has 3 investors. Key investors include Accel-KKR, GrowthWorks Capital, and Relay Ventures.
The ticker symbol of Paymentus is PAY on NYSE.