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Paymentus Receives Equity Investment From Accel-KKR

By TechTaffy Desk

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.

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