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Paymentus Holdings Priced, NYSE: PAY

Electronic billing platform provider.

Industry: Technology

Latest Trade: $22.75 0.00 (0.0%)

First Day Return: +36.2%

Return from IPO: +8.3%

Industry: Technology

Paymentus is a leading provider of cloud-based bill payment technology and solutions. We deliver our next-generation product suite through a modern technology stack to more than 1,300 business clients -- our billers. Our platform was used by approximately 16 million consumers and businesses in North America in December 2020 to pay their bills and engage with our billers. We serve billers of all sizes that provide non-discretionary services across a variety of industry verticals, including utilities, financial services, insurance, government, telecommunications and healthcare. By powering this comprehensive network of billers, each with their own set of bill payment requirements, we have created an enviable feedback loop that enables us to continuously drive innovation, grow our business and uniquely improve the electronic bill payment experience for everyone in the bill payment ecosystem. Our platform provides our billers with 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. Through a single point of integration to our billers’ core financial and operating systems, our mission-critical solutions provide our billers with a payments operating system that helps them collect revenue faster and more profitably and empower their consumers with the information and transparency needed to control their financial destiny.
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IPO Data
IPO File Date 04/30/2021
Offer Price $21.00
Price Range $19.00 - $21.00
Offer Shares (mm) 10.0
Deal Size ($mm) $210
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/25/2021
Offer Price $21.00
Price Range $19.00 - $21.00
Offer Shares (mm) 10.0
Deal Size ($mm) $210
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
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Company Data
Headquarters Redmond, WA, United States
Founded 2004
Employees 843
Website www.paymentus.com

Paymentus Holdings (PAY) Performance