About Paymentus
Paymentus is a Financial Services company based in Wethersfield (United States) founded in 2011, and was acquired by Paymentus in August 2021. EPayment solutions are delivered to financial institutions via cloud platform. It operates on a SaaS (Software-as-a-Service) and FinTech model. Paymentus has raised $35.63 million across 10 funding rounds from investors including Paymentus, Mosaik Partners and Black Dragon Capital. Its website payveris.com draws about 69 thousand monthly visits. Paymentus offers products and services including Billing & Payments, Instant Payment Network (IPN), BillWallet, and Profit by Paymentus. Its focus areas include Financials, Financial Technology and Payment Processing. Its legal entity is Paymentus Corporation. Its competitors include Zeta, Apiture and Finix; 3 of its 3 listed competitors have raised funding.
Company details
Billing and payment solutions are delivered by Paymentus to over 2,500 clients across sectors such as utilities, healthcare, telecom, and financial institutions. Digital payment hubs and real-time money movement capabilities are offered through the Instant Payment Network (IPN). Comprehensive solutions for business financial operations, including accounts receivable and payable, are provided. Consumer-centric payment experiences are enhanced with multiple channels and methods. Services are extended to public sector, education, and nonprofit organizations for streamlined payment processes.
Products & Services of Paymentus
Paymentus offers a comprehensive portfolio of products and services, including Billing & Payments, Instant Payment Network (IPN), BillWallet, and Profit by Paymentus.
Digital billing and payment solutions are provided for clients.
Real-time payment capabilities are offered through an integrated network.
Secure digital wallet services are provided for faster payments.
Streamlined financial management tools are offered for businesses.
Apps and channels of Paymentus
its YouTube channel Paymentus Corporation has 253 subscribers and 24 videos.
Videos from Paymentus
The most watched videos on Paymentus's YouTube channel, Paymentus Corporation (253 subscribers). Click a video to play it here.
More on Paymentus Corporation.
Funding Insights of Paymentus
Paymentus has successfully raised a total of $35.63M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $1000 thousand completed in February 2021. 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.
- Total Funding $35.63M
- Total Rounds 10
- Last Round Series D — $999,998
- First Round $1.45M
(Aug 2011)
- Investors Count 7
All 10 funding rounds of Paymentus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $999,998 | Series D | – | – | – |
| Jan 2021 | $533,332 | Series D | – | – | – |
| Jun 2020 | $999,999 | Series D | – | – | – |
| Apr 2020 | $1.25M | Series D | – | – | – |
| Jan 2019 | $7M | Series D | – | Mosaik Partners | |
| Aug 2018 | $697,338 | Series C | – | – | – |
| Feb 2017 | $10M | Series C | – | Mosaik Partners | – |
| May 2016 | $7.5M | Series B | – | Mosaik Partners | |
| Jul 2013 | $5.2M | Series A | – | Ironwood Capital, Connecticut Innovations | |
| Aug 2011 | $1.45M | Seed | – | – | – |
8 investors in total: 6 institutional and 2 angel.
Investors in Paymentus
Paymentus has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Paymentus, Mosaik Partners and Black Dragon Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital is invested in enterprise financial technology businesses. | mosaikpartners.com | San Francisco, United States | ||
Technology-focused investment firm dealing with fintech, mediatech, and e-commerce investments. | 2013 | blackdragoncap.com | ||
Venture capital services for biotech, IT, and innovative sectors in Connecticut. | ctinnovations.com | |||
Private equity and debt investments are focused on multiple sectors. | ironwoodcap.com | Avon, United States | ||
Private equity investment firm | advantagecap.com | New Orleans, United States | ||
LH Louis Hernandez | Indian angel investor, tech enthusiast, focused on early-stage startups | unknown_a2dc8789b2364476b | ||
DD David Dame | Indian angel investor focusing on early-stage tech startups and innovation. | unknown_70535341693c4aeb9 | ||
Comprehensive billing and payment solution provider | 2004 | paymentus.com | Atlanta, United States |
Investor details for Paymentus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Paymentus
10 people are tracked at Paymentus (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Farhan Jadavji | Sr. Director, Product Management | Leadership |
Kristen Lemoi, CFMP | Director, Digital and Adoption Marketing | Leadership |
Rooshi Rajkotia | VP, Engineering | Leadership |
Jim Chochlinski | Principal Developer | Team |
Olivia Hoess | Client Support Specialist | Team |
Paul Borysewicz | Senior Software Developer | Team |
Thomas Meskill | Sr. Software Developer | Team |
Michael Rotatori | Software Engineering Manager | Team |
Manjari Goel | Senior Software Engineer | Team |
Kevin Mike | Payment Operations Manager | Team |
Complete people profiles for Paymentus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Paymentus
4 dated milestones of Paymentus across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Paymentus is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series D, of $1,000K.
- Exit Acquired by Paymentus.
Competitors of Paymentus
Paymentus has 3 listed competitors in our database, 3 of them funded. They include Zeta, Apiture and Finix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zeta.tech | 2015 | San Ramon, United States | $390M | 1,278 | Payment and banking solutions are provided to users and banks. | |
| apiture.com | 2017 | Wilmington, United States | $59.71M | 258 | Open banking APIs are delivered to financial institutions and banks. | |
| finix.com | 2015 | San Francisco, United States | $200.5M | 118 | API-enabled platform for business payment processing is provided. |
Detailed competitors of Paymentus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Paymentus
The website of Paymentus (payveris.com) receives about 68.8K visits a month and ranks #587,260 among all websites worldwide, #7,542 in Banking Credit and Lending.
- Monthly visits68.8K
▲ 1.1% vs previous month
- Unique visitors28.8K
per month
- Global rank#587,260
among all websites
- Category rank#7,542
Finance · Banking Credit and Lending
- Bounce rate63%
- Pages per visit1.8
- Average visit58 sec
- DevicesDesktop 1% · Mobile 99%
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Paymentus (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Paymentus
Complete news archive for Paymentus
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Frequently Asked Questions about Paymentus
Paymentus was founded in 2011.
Paymentus is headquartered in Wethersfield, United States. It is registered at Wethersfield, Connecticut, United States.
Paymentus is a funded company, having raised a total of $35.63M across 10 funding rounds to date. The company's 1st funding round was a Seed of $1.45M, raised on Aug 2011.
Billing and payment solutions are delivered by Paymentus to over 2,500 clients across sectors such as utilities, healthcare, telecom, and financial institutions. Digital payment hubs and real-time money movement capabilities are offered through the Instant Payment Network (IPN). Comprehensive solutions for business financial operations, including accounts receivable and payable, are provided. Consumer-centric payment experiences are enhanced with multiple channels and methods. Services are extended to public sector, education, and nonprofit organizations for streamlined payment processes.
Paymentus offers Billing & Payments, Instant Payment Network (IPN), BillWallet, and Profit by Paymentus.
Paymentus has 8 investors. Key investors include Paymentus, Mosaik Partners, Black Dragon Capital, Connecticut Innovations, and Ironwood Capital.
Paymentus operates through Paymentus Corporation.
Yes. Paymentus was acquired by Paymentus in August 2021.