---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-001395"
form_type: "8-K"
ticker: "PAY"
cik: "0001841156"
company_name: "Paymentus Holdings, Inc."
filed_at: "2021-08-13T23:59:59+00:00"
generated_at: "2026-06-29T11:52:16.379973+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paymentus acquires Payveris for $152.2M; expands Instant Payment Network to banks/credit unions

## Summary
- Total consideration $152.2M: ~$85.7M cash + ~$66.5M in Paymentus Class A common stock (44% stock, 56% cash).
- Payveris enables over 265 banks/credit unions to modernize bill pay, P2P/A2A money movement via cloud-based platform.
- Acquisition expected to close Q3 2021, subject to customary conditions; lock-up on shares until Nov 22, 2021.
- Separately entered stock purchase agreement to acquire Finovera for ~293,611 shares, expected close Q3 2021.

## SEC filing metadata
- accession: 0000950170-21-001395
- form_type: 8-K
- ticker: PAY
- cik: 0001841156
- company_name: Paymentus Holdings, Inc.
- filed_at: 2021-08-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841156/000095017021001395/0000950170-21-001395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841156/000095017021001395/pay-20210809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-001395
- JSON: https://secwatch.observer/filing/0000950170-21-001395.json
- Plain text: https://secwatch.observer/filing/0000950170-21-001395.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.