Paymentus Holdings, Inc. (NYSE:PAY) Goldman Sachs Communacopia + Technology Conference 2025 September 11, 2025 1:50 PM EDT
Company Participants
Dushyant Sharma – Chairman, President & CEO
Sanjay Kalra – Senior VP, CFO & Principal Accounting Officer
Conference Call Participants
William Nance – Goldman Sachs Group, Inc., Research Division
Presentation
William Nance
Research Analyst
All right. Thanks, everyone, for joining us in here and on the webcast. My name is Will Nance. And rounding out the conference this year is the team from Paymentus. We’ve got both Dushyant and Sanjay, CEO and CFO.
Question-and-Answer Session
William Nance
Goldman Sachs Group, Inc., Research Division
Dushyant, you founded Paymentus in 2004. I’d love to kind of do a look back over the last 4 years since the IPO. Could you talk about the opportunity for bill presentment in the U.S. and just how the industry has changed and how you still think about the market opportunity?
Dushyant Sharma
Chairman, President & CEO
Sure. I think the market has moved a little bit more in our direction since our IPO. In fact, if you look at it, the year before our IPO, we were a $300 million company. Right now, at midpoint, we are at $1.1 billion, so — over $1.1 billion. So we feel very fortunate. A few factors. First is the nondiscretionary part of the market we serve in the U.S. So we are a nondiscretionary — serving the nondiscretionary side of the U.S. economy. That has been very helpful.
The second thing is the platform, the way we designed, we designed it for this day. We knew that once the noise clears, the customers would be looking for a partner with a platform that can scale with them across all verticals, customers will move beyond purpose built for a specific vertical model to a horizontal play
