Paymentus Corporation, a electronic bill payment, presentment and customer communication technology and services company, announced that it has received an equity investment provided by Accel-KKR. The investment will be used by Paymentus to accelerate development, drive growth, and enhance the footprint of its real-time payment network. Dushyant Sharma will continue to lead the business in his current role of President and CEO and will remain a significant investor in the business. In conjunction with this investment, Gary Trainor, an industry veteran, will join Paymentus as its Executive Chairman. Pagemill Partners advised Paymentus in connection with this transaction.
Paymentus Receives Equity Investment From Accel-KKR
983 views
Also see:
Fundings
Cado Security raises $20M (London)
London, UK.-based cloud forensics and incident response platform provider Cado Security has raised $20 million in funding.
Fundings
Quantifind raises $23M
Quantifind, a provider of AI-powered financial crimes risk management solutions, has raised $23 million in funding.
Fundings
Typeface raises $65M
Typeface, a generative AI application provider for enterprise content creation, has raised $65 million.
Fundings
Zylo raises $5M
Indianapolis, Indiana-based SaaS management and application provider Zylo has raised $5 million in Series C funding.
Fundings
Optilogic raises $13M
Ann Arbor, Michigan-based supply chain design software provider Optilogic has raised $13 million.