Paymentus Holdings, Inc. (PAY)
Paymentus Holdings, Inc. (PAY) is a provider of cloud-based bill payment solutions and customer communication services for banks, utilities, and other organizations. The company offers digital payment processing platforms that enable consumers to pay bills conveniently across multiple channels, including online, mobile, and IVR systems. Paymentus focuses on delivering secure, scalable, and flexible payment technology to streamline collections and enhance customer engagement.
Company News
Paymentus reported strong Q4 results with a 56.5% revenue increase and provided a solid FY25 outlook, driving the stock higher.
KBW, a subsidiary of Stifel Financial, announced changes to four of its indexes for Q4 2024, including additions and removals of various financial services and fintech companies.
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PAY earnings call for the period ending December 31, 2023.