Paymentus

Wethersfield, United States Founded: 2011 • Age: 15 yrs Acquired By Paymentus
ePayment solutions are delivered to financial institutions via cloud platform.
Annual revenue - Latest available
Total funding $35.6M 10 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

About Paymentus

Paymentus is a company based in Wethersfield (United States) founded in 2011 was acquired by Paymentus in August 2021. It operates as a SaaS (Software-as-a-Service) and FinTech. Paymentus has raised $35.63 million across 10 funding rounds from investors including Paymentus, Mosaik Partners and Black Dragon Capital. Paymentus offers products and services including Billing & Payments, Instant Payment Network (IPN), BillWallet, and Profit by Paymentus. Paymentus operates in a competitive market with competitors including Zeta, Tink, Apiture, Finix and Bud, among others.

  • Headquarter Wethersfield, United States
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Paymentus Corporation
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $35.63 M (USD)

    in 10 rounds

  • Latest Funding Round
    $1000 K (USD), Series D

    Feb 08, 2021

  • Investors
    Paymentus

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    Paymentus

    (Aug 10, 2021)

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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.

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Primary

Digital billing and payment solutions are provided for clients.

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Real-time payment capabilities are offered through an integrated network.

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Secure digital wallet services are provided for faster payments.

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Streamlined financial management tools are offered for businesses.

People of Paymentus

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Olivia Hoess
Client Support Specialist
People
Kristen Lemoi, CFMP
Director, Digital and Adoption Marketing
People
Thomas Meskill
Sr. Software Developer
People
Michael Rotatori
Software Engineering Manager

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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.

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Capital is invested in enterprise financial technology businesses.
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Technology-focused investment firm dealing with fintech, mediatech, and e-commerce investments.
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Venture capital services for biotech, IT, and innovative sectors in Connecticut.
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Investor details for Paymentus

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Paymentus

Investments
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Investment portfolio details for Paymentus

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Paymentus

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Detailed financials for Paymentus

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  • Profit trends
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Paymentus Comparisons

Paymentus Primary company
Description
ePayment solutions are delivered to financial institutions v...
Location
Wethersfield, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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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 Zeta, Tink, Apiture, Finix and Bud, among others.

Company Name Domain Founded year HQ Location Description
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Payment and banking solutions are provided to users and banks.
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Tink is recognized as a leading European open banking platform.
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Open banking APIs are delivered to financial institutions and banks.
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API-enabled platform for business payment processing is provided.
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Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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API-based solutions for online payments and P2P transactions are provided.
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Detailed competitors of Paymentus

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Latest news on Paymentus

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Complete news archive for Paymentus

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

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's top competitors include Zeta, Tink and Bud.

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.

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