Paya Holdings Inc. Announces Third Quarter 2021 Results
Paya Holdings Inc. (PAYA)
Company Research
Source: GlobeNewswire
ATLANTA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (“Paya Holdings”, “Paya” or the “Company”), a leading provider of integrated payment and commerce solutions, today reported financial results for its third quarter ended September 30, 2021. “Paya performed well in the quarter, with payment volume growing 28%, revenue growing 22% and gross profit growing 26%. We signed some great new partners across our verticals and saw a certain B2B partner scale faster than expected, which is promising as we focus on our medium-term growth ambitions,” said Jeff Hack, Paya CEO. “Additionally, we hired some key talent, which will serve to accelerate our sales and go to market efforts, while further enhancing our existing product offerings and technological capabilities. While there were modest headwinds in the quarter that prevented us from growing even faster, we remain focused on the continued execution of our medium-term strategy and our competitive positioning remains
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