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Corporation
FINANCE | Payments (non-internet/mobile)
paya.com

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Partners & Customers

10

Service Providers

3

About Paya

Paya is a provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiencies. The company processes over $30 billion of annual payment volume across credit/debit card, ACH, and checkThe business operated as Sage Payment Solutions and was part of Sage PLC before being acquired by GTCR in 2017.GTCR took company public in October 2020 via SPAC.

Paya Headquarter Location

303 Perimeter Center N Suite 600

Atlanta, Georgia, 30346,

United States

800-261-0240

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Paya Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Paya Rank

Latest Paya News

Eye on Earnings: Paya Pursues Integrated Commerce; Paysafe Looks to Recover Momentum

May 11, 2022

Eye on Earnings: Paya Pursues Integrated Commerce; Paysafe Looks to Recover Momentum Paya Holdings Inc., which has been acquisitive in recent years, isn’t done doing deals. Chief executive Jeff Hack won’t name names, but multiple acquisition targets have clearly been scoped out. “We’re busy doing due diligence on a variety of deals. We see attractive opportunities for inorganic growth. You should expect us to act on these without hesitation,” he told stock analysts on an earnings call early Wednesday. On a nearly simultaneous earnings call, the new chief executive of Paysafe Ltd. admonished his executives and employees to stress growth as the company seeks to recover from weakness in its digital-wallet business. At Paya , Hack is clearly enthusiastic about the company’s most recent deal, that for VelocIT Business Solutions, acquired earlier this year for an undisclosed price. “I couldn’t be more pleased,” he said. VelocIT, a provider of business software covering a wide scope of applications, has strengthened Paya’s foothold in the market for corporate payments, Hack added. Hack: “We’re busy doing due diligence on a variety of deals…You should expect us to act on these without hesitation.” The deal could prove particularly valuable as the company pursues ambitious goals in its relationships with independent software vendors, the entities that code payments into overall business software. “Our penetration rate with ISV partners runs the gamut,” Hack said. “Our objective is to double that penetration on average. The VelocIT acquisition brought some incredible talent to Paya that will accelerate our [business-to-business] initiatives.” In case analysts were eager to see quick results, however, Hack counseled patience. “It’s relatively early innings,” he said. “Digitizing the [accounts-payable] experience is a big decision for an organization. We’ll be talking about this opportunity for years.” Meanwhile, Paya is mining its markets in both its business and government sectors, with automated clearing house transactions claiming a growing share of its business. ACH accounted for 44% of the company’s $11.7 billion in first-quarter payment volume, up a few ticks from 41% a year earlier. ACH volume grew by one-third in that span of time, outpacing card-volume growth of 15%. That volume totaled $6.5 billion for the quarter. Overall, integrated payments—payments capability embedded in business software—plus ACH processing accounted for 78% of Paya’s revenue for the period, with ACH alone producing 15%, according to the company. Four years ago, the revenue share for integrated payments plus ACH was nearly 10 points lower. The growing share for ACH in particular comes as that payment method’s same-day clearing capability  continues to expand its reach among financial institutions. For the quarter, Paya generated $66 million in revenue, up 19% over 2021’s first quarter. At Paysafe, CEO Bruce Lowthers admonished his employees to redouble their efforts to pursue growth strategies. “Get laser-focused on growth,” he said. “Let’s re-commit to our values to get the growth engine back on track.” Lowthers, who took over as the company’s top executive on May 1 after arriving from the mega-processor FIS Inc., spoke as the company reported continuing progress in its wallet business, which consists chiefly of its Skrill and Neteller products. Payment volume for the company totaled $31.2 billion in the quarter, up 13% year-over-year, as revenue dipped 3%, to $367.7 million. Its digital-commerce business grew 2% to $11.3 billion in volume, but revenue fell 11% to $198.5 million. Lowthers replaced Philip McHugh, who had taken over as the company’s chief executive in 2019. Share

Paya Acquisitions

5 Acquisitions

Paya acquired 5 companies. Their latest acquisition was VelocIT on January 19, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/19/2022

$99M

Acquired

3

4/26/2021

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$99M

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10

9/21/2020

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$99M

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10

1/8/2019

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$99M

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10

11/1/2018

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$99M

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10

Date

1/19/2022

4/26/2021

9/21/2020

1/8/2019

11/1/2018

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

3

10

10

10

10

Paya Partners & Customers

10 Partners and customers

Paya has 10 strategic partners and customers. Paya recently partnered with TransCard on January 1, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

1/24/2022

Partner

Paya Partners with Transcard, Adding Fully-Integrated Accounts Payable Module

This new partnership will enable Paya 's customers to seamlessly send payments , coupled with rich data , to their suppliers via ACH and virtual card , reducing the back-office burden caused by paper checks .

3

9/7/2021

Vendor

United States

Paya to Power New Paradigm Payments Solution

`` Through our partnership with Paradigm , we 're able to provide our innovative integrated payments solution to more companies in the building industry , as well as in-home service tech professionals , '' said Brock Robertson , Paya 's Head of Partner Relationships .

2

5/4/2021

Client

United States

Paya Announces Strategic Partnership with Software Provider AccountingSuite - Paya

Atlanta , GA> -- May 4 , 2021 -- Paya , a leading integrated payments and commerce solution provider , announced that it has established a strategic partnership with accounting software firm AccountingSuite .

1

5/4/2021

Licensee

United States

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10

2/25/2021

Partner

United States

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10

Date

1/24/2022

9/7/2021

5/4/2021

5/4/2021

2/25/2021

Type

Partner

Vendor

Client

Licensee

Partner

Business Partner

Country

United States

United States

United States

United States

News Snippet

Paya Partners with Transcard, Adding Fully-Integrated Accounts Payable Module

This new partnership will enable Paya 's customers to seamlessly send payments , coupled with rich data , to their suppliers via ACH and virtual card , reducing the back-office burden caused by paper checks .

Paya to Power New Paradigm Payments Solution

`` Through our partnership with Paradigm , we 're able to provide our innovative integrated payments solution to more companies in the building industry , as well as in-home service tech professionals , '' said Brock Robertson , Paya 's Head of Partner Relationships .

Paya Announces Strategic Partnership with Software Provider AccountingSuite - Paya

Atlanta , GA> -- May 4 , 2021 -- Paya , a leading integrated payments and commerce solution provider , announced that it has established a strategic partnership with accounting software firm AccountingSuite .

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Sources

3

2

1

10

10

Paya Service Providers

3 Service Providers

Paya has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Reverse Merger

Investment Bank

Financial Advisor

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Service Provider

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Associated Rounds

Reverse Merger

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Provider Type

Investment Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

Paya Team

5 Team Members

Paya has 5 team members, including current Chief Commercial Officer, Michele Shepard.

Name

Work History

Title

Status

Michele Shepard

Chief Commercial Officer

Current

Roy Rosinnes

Chief Executive Officer

Former

John Pfisterer

Chief Financial Officer

Former

Chris Wuhrer

Executive Vice President

Former

Kelton Averyt

Senior Vice President

Former

Name

Michele Shepard

Roy Rosinnes

John Pfisterer

Chris Wuhrer

Kelton Averyt

Work History

Title

Chief Commercial Officer

Chief Executive Officer

Chief Financial Officer

Executive Vice President

Senior Vice President

Status

Current

Former

Former

Former

Former

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