JohnCM
3 years ago
Paymentus stock rallies to post-IPO high as fintech firm gains 45%+ in just three sessions
May 28, 2021 6:30 PM ET
By: Jerry Kronenberg
SA News Editor
Paymentus Holdings Inc. (NYSE:PAY) rallied for the second session in three days Friday, taking the fintech’s stock up more than 45% from its IPO price in less than a week.
PAY rose to a record $31.81 intraday high Friday before pulling back some to close at a post-IPO high of $30.50, up 8.9% on the day and 45.2% above its $21-a-share initial public offering price. Paymentus had already soared 36.2% in its first post-IPO session Wednesday before giving some of the gains back Thursday.
PAY’s platform helps landlords, utilities, auto-loan providers and other businesses electronically bill customers and accept instant payments. Its system is tied in with popular payments platforms like Amazon Pay and PayPal. Consumers can also pay bills with cash or plastic at more than 4,000 Walmart locations.
JohnCM
3 years ago
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.
We have a valuable relationship with our controlling stockholder, Accel-KKR. In September 2011, affiliates of Accel-KKR, or AKKR, acquired a controlling equity interest in our company. We refer to this transaction as the AKKR Investment. Dushyant Sharma, our founder, chairman, president and CEO, has continued to retain a significant equity interest in our company since our inception and following the AKKR Investment.
AKKR is a technology-focused investment firm with over $10 billion in capital commitments. The firm focuses on investments in software and tech-enabled businesses. At the core of AKKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by leveraging the significant resources available through the AKKR network.
(Note: Paymentus Holdings Inc. priced its IPO on May 25, 2021, at $21 – the top of its $19-to-$21 price range – on 10 million shares, the same of shares in the prospectus, to raise $210 million.)
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JohnCM
3 years ago
WE ARE PASSIONATE ABOUT OUR MISSION TO ENHANCE BILLING AND PAYMENTS.
Powering the Next Generation of Electronic Bill Payments.™
In 2004, Paymentus was born from a desire to improve the way bills get paid. Vision, innovation and exemplary service have propelled Paymentus to become the leading paperless electronic billing and payment solution on the market, resulting in 1,300 clients including some of the largest billers in North America.
We know that in order to keep our solutions current and relevant, we need people with the know-how, drive and proclivity for fostering a supremely happy customer experience. Our highly committed, creative employees turned an idea into a secure, SAAS-based Customer Engagement and Payment Platform; one that enables direct-bill organizations to provide a unified customer experience and boost adoption of cost-saving electronic billing and payment services.
Recognized by Deloitte to be among the fastest growing North American companies for 4 years, Paymentus consistently strives to develop better, faster, more secure, cost-efficient billing and payment platforms. We continually seek higher value for our customers, in both solutions and service.
It’s what has led to our remarkable growth in the last decade. We succeed when our clients succeed. They succeed when their customer relationships are enhanced and, in turn, their customers participate in these cost-saving electronic services at high rates.
stocktrademan
10 years ago
$PAY DD Notes ~ http://www.ddnotesmaker.com/PAY
bullish
quick trade
$PAY recent news/filings
## source: finance.yahoo.com
Wed, 24 Dec 2014 18:04:10 GMT ~ VERIFONE SYSTEMS, INC. Financials
read full: http://finance.yahoo.com/q/is?s=pay
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Sat, 20 Dec 2014 00:07:33 GMT ~ 10-K for VeriFone Systems, Inc.
read full: http://www.companyspotlight.com/routers/headline/25185/10004/6431665?cp_code=YAH1&1419034053
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Wed, 17 Dec 2014 22:45:00 GMT ~ Stock Pops & Drops: GIS, SDRL, PAY & CLF
read full: http://finance.yahoo.com/video/stock-pops-drops-gis-sdrl-224500004.html
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Wed, 17 Dec 2014 21:57:50 GMT ~ VERIFONE SYSTEMS, INC. Files SEC form 10-K, Annual Report
read full: http://biz.yahoo.com/e/141217/pay10-k.html
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Wed, 17 Dec 2014 14:37:00 GMT ~ VeriFone Systems (PAY) Stock Upgraded Today at Barclays
read full: http://www.thestreet.com/story/12988506/1/verifone-systems-pay-stock-upgraded-today-at-barclays.html?puc=yahoo&cm_ven=YAHOO
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$PAY charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$PAY company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/PAY/company-info
Ticker: $PAY
OTC Market Place: Not Available
CIK code: 0001312073
Company name: VeriFone Systems, Inc
Incorporated In: DE, USA
$PAY share structure
## source: otcmarkets.com
Market Value: $4,318,438,442 a/o Dec 26, 2014
Shares Outstanding: 113,344,841 a/o Dec 01, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$PAY extra dd links
Company name: VeriFone Systems, Inc
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PAY/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/PAY/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PAY+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PAY+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PAY+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PAY/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PAY/news - http://finance.yahoo.com/q/h?s=PAY+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PAY/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PAY/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PAY/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PAY/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PAY/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PAY/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PAY/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PAY/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PAY+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PAY
DTCC (dtcc.com): http://search2.dtcc.com/?q=VeriFone+Systems%2C+Inc&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=VeriFone+Systems%2C+Inc
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=VeriFone+Systems%2C+Inc&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PAY/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PAY
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PAY/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PAY/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PAY/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001312073&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PAY/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/PAY/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PAY/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/PAY/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PAY&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PAY
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PAY/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PAY+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PAY+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PAY
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PAY
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PAY+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PAY/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PAY+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PAY.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PAY
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PAY/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PAY/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PAY/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PAY/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PAY
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PAY
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PAY:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PAY
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PAY
$PAY DD Notes ~ http://www.ddnotesmaker.com/PAY