logo
Paymentus to Participate in Upcoming Investor Conferences in May and June

Paymentus to Participate in Upcoming Investor Conferences in May and June

Business Wire06-05-2025
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. ('Paymentus') (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer, will participate in the following investor conferences:
J.P. Morgan 2025 Global Technology, Media and Communications Conference in Boston on Tuesday, May 13 th , where Mr. Sharma and Mr. Kalra will participate in a fireside chat at 4:30 pm ET
, where Mr. Sharma and Mr. Kalra will participate in a fireside chat at 4:30 pm ET Baird Global Consumer, Technology & Services Conference on Tuesday, June 3 rd in New York
in New York Wolfe Research Small and Mid-Cap Conference on Wednesday, June 4th
A live webcast and replay of the J.P. Morgan fireside chat will be available on Paymentus' investor relations website at ir.paymentus.com.
Management will host investor meetings throughout the day. For further information, please contact your J.P. Morgan, Baird, or Wolfe Research representative or email paymentus@kcsa.com.
About Paymentus
Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 2,500 billers and financial institutions across North America. Our omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus' proprietary Instant Payment NetworkTM, or IPN, extends our reach by connecting our IPN partners' platforms and tens of thousands of billers to our integrated billing, payment, and reconciliation capabilities. For more information, please visit www.paymentus.com.
CATEGORY: CORPORATE NEWS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

California Public Utilities Commission Approves Water Supply Decision Supporting California American Water's Monterey Peninsula Desalination Project
California Public Utilities Commission Approves Water Supply Decision Supporting California American Water's Monterey Peninsula Desalination Project

Business Wire

time14 minutes ago

  • Business Wire

California Public Utilities Commission Approves Water Supply Decision Supporting California American Water's Monterey Peninsula Desalination Project

PACIFIC GROVE, Calif.--(BUSINESS WIRE)--The California Public Utilities Commission (CPUC) today voted to adopt the Phase 2 Demand and Supply Estimates for the Monterey Peninsula Water Supply Project, which concludes that the region faces a water supply deficit of approximately 815 million gallons per year by 2050. The projected shortfall continues to underscore the clear need for new, robust, drought-proof water supply resources for the Monterey Peninsula. "It's our responsibility to supply safe, reliable water to our customers. Our estimates reflect responsible future supply and demand estimates to help ensure we can reliably provide water to meet our customers' needs, whether it is a time of water abundance or more critically in a time of drought," said Kevin Tilden, President of California American Water. "Today's decision confirms the Monterey Peninsula needs additional water supply to meet customer demands today, tomorrow and well into the future to provide water security." On the Monterey Peninsula, the challenge of addressing drought is heightened by State Water Resource Control Board orders that require California American Water to significantly reduce pumping from the Carmel River and prohibit the company from providing new water connections until alternate water sources are identified. "When the CPUC considered this decision, it was the result of extensive review and analysis of our water supply and demand projections, building on their prior decision and more than six years of work on the project's Environmental Impact Report," said Tilden. "This acknowledgment that the Peninsula has a real need for additional water supplies shows that the community deserves full implementation of the Monterey Peninsula Water Supply Project." Desalination is a crucial piece of California American Water's multi-pronged solution that includes aquifer storage and recovery and the expansion of the Pure Water Monterey facility. Once operational, the desalination project will provide the reliable, drought-proof water source needed for California American Water to apply for the lifting of the Water Board's cease-and-desist order, supporting community demand and allowing for sustainable future growth, including the development of affordable housing to meet the region's needs. The project will also protect the Carmel River and restore this critical watershed. By expanding and diversifying Monterey's water supply, California American Water is working to prepare for whatever the future holds. California American Water expects to break ground on the desalination plant by the end of 2025. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing ® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. About California American Water California American Water, a subsidiary of American Water, provides high-quality and reliable water and wastewater services to approximately 700,000 people.

ATS to Participate in the RBC Capital Markets Global Industrials Conference
ATS to Participate in the RBC Capital Markets Global Industrials Conference

Business Wire

time14 minutes ago

  • Business Wire

ATS to Participate in the RBC Capital Markets Global Industrials Conference

CAMBRIDGE, Ontario--(BUSINESS WIRE)--ATS Corporation (TSX: ATS) (NYSE: ATS) (' ATS ' or the ' Company ') today announced that Ryan McLeod, Interim Chief Executive Officer, and Anne Cybulski, Interim Chief Financial Officer, will participate in the RBC Capital Markets Global Industrials Conference in New York City, NY on September 16, 2025. ATS is scheduled to host a break-out session at the event on Tuesday, September 16th, 2025, at 10:40 a.m. ET. Management will host institutional investor meetings at the Conference, which can be arranged by contacting your RBC Capital Markets representative or akapur2@ About ATS Corporation ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, transportation, food & beverage, consumer products, and energy. Founded in 1978, ATS employs approximately 7,500 people at more than 65 manufacturing facilities and over 85 offices in North America, Europe, Asia and Oceania. The Company's common shares are traded on the Toronto Stock Exchange ("TSX") and the New York Stock Exchange ("NYSE") under the symbol ATS. Visit the Company's website at

Nu Holdings Ltd. Reports Second Quarter 2025 Financial Results
Nu Holdings Ltd. Reports Second Quarter 2025 Financial Results

Business Wire

time14 minutes ago

  • Business Wire

Nu Holdings Ltd. Reports Second Quarter 2025 Financial Results

SíO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU) ('Nu' or the 'Company'), one of the largest digital financial services platforms in the world, released its Second Quarter 2025 financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasilia time. "In Q2'25, we achieved another quarter of robust growth, expanding our customer base to nearly 123 million with over 4.1 million net additions, and maintaining an activity rate above 83%. This strong engagement drove revenues to $3.7 billion, representing an 85% annualized growth rate since 2021, and allowed us to nearly triple our quarterly net income to $637 million in the past two years. These results come despite our ongoing investments in growth and, most importantly, in keeping our customers loving us fanatically, proving that it's possible to scale efficiently, with discipline, and still generate strong earnings while building the foundation for the long-term', says David Vélez, founder and CEO of Nubank. Q2'25 Results Snapshot Below are the Q2'25 performance highlights of Nu Holdings Ltd.: Operating Highlights: Customer growth: Nu added 4.1 million new customers in Q2'25, a 17% year-over-year (YoY) increase, reaching a total of 122.7 million customers globally. This expansion reinforces Nu's position as one of the world's largest and fastest-growing digital financial services platforms. In Brazil, Nu is the third-largest financial institution by number of customers, according to the Brazilian Central Bank. Engagement and activity rates: Monthly Average Revenue per Active Customer (ARPAC) crossed the $12 mark for the first time, reaching $12.2 in Q2'25, up 18% YoY on a FX-neutral basis 1 (FXN), and $27.3 for customers with over eight years on the platform. The monthly activity rate 2 is 83.2%. Low-cost operating platform: Monthly Average Cost to Serve Per Active Customer remained stable at $0.80 per customer. Asset Quality 3: Nu's leading indicator of asset quality, the 15 to 90-day NPL ratio, declined 30 basis points (bps) QoQ to 4.4% in Q2'25. The 90+ NPL ratio increased by 10 bps to 6.6%, reflecting the rise in early delinquency observed in Q1'25 and following the usual seasonal pattern. Financial Highlights: Net & Adjusted Income: Net Income increased by 42% YoY FXN to $637 million, compared to $487.3 million in Q2'24, and the annualized ROE was 28% - well above industry peers. Adjusted Net Income 4 increased to $694.5 million. Revenue: Nu's Q2'25 revenues increased 40% YoY FXN, reaching a record of $3.7 billion. Gross Profit: Nu's gross profit totaled $1.55 billion in Q2'25, up 14% FXN sequentially and 24% YoY on FXN, reflecting NII expansion and stable credit allowances. Gross profit margin also improved by 160 bps QoQ to 42.2%. Liquidity: Deposits increased 41% YoY FXN to $36.6 billion, while the cost of funding reached 91% of the blended interbank rates for the quarter. Total receivables across Nu's credit card and loan portfolios expanded 40% YoY FXN and 8% QoQ FXN to $27.3 billion, while its total Interest-Earning Portfolio (IEP) increased 55% YoY FXN to $15.7 billion as of June 30, 2025. Net Interest Income: Increased 33% YoY and 11% QoQ on FXN, reaching a new all-time high of $2.1 billion. The net interest margin (NIM) rose 20 bps to 17.7%. Nu Holdings' risk-adjusted NIM expanded by 100 bps, reaching 9.2% in Q2'25. Business highlights Performance and Growth in Brazil: In Brazil, our customer base reached 107.3 million as of June 30, 2025, which represents over 60% of Brazil's adult population, and 60% of those customers use Nu as their primary financial relationship. The deposit base has grown to $27.8 billion, reflecting the strength of our brand and customer trust. International expansion: In Mexico, our customer base reached 12 million customers, now serving around 13% of Mexico's adult population. Deposits reached $6.7 billion. In Colombia, our customer base reached 3.4 million customers, serving nearly 10% of Colombia's adult population and deposits increased 841% FXN YoY to $2.1 billion in Q2'25. Multi-growth platform: In Q2'25, the active credit customer base reached 55 million (+11 YoY). The total credit card base increased to 6.6 million (+52% YoY) in Mexico, and to 1.4 million (+34% YoY) in Colombia. Nu expanded its customer base segments in SME to 5.2 million (+23% YoY), Super Core to 9.8 million (+ 14% YoY), High Income to 3 million (+ 13% YoY) and Mass Market to 104.7 million (+18% YoY). The active unsecured loans customers reached 13.6 million (+56% YoY), and active secured loans customers reached 6.8 million (+158% YoY). Active investments and crypto customers base reached 36.2 million (+70% YoY) and 6.6 million (+41% YoY), respectively. Those elements together have broadened our platform into a powerful multi-product, multi-segment, and multi-geo growth engine. Footnotes 1 FX neutral measures were calculated to present what such measures in preceding periods/years would have been had exchange rates remained stable from these preceding periods/years until the date of the Company's more recent financial information. 2 Activity rate is defined as monthly active customers divided by the total number of customers as of a specific date. 3 Brazil Only 4 Adjusted Net Income is a non-IFRS measure calculated using Net Income adjusted for expenses related to Nu's share-based compensation as well as the hedge accounting and tax effects related to these items, among others. For more information, please see 'Non-IFRS Financial Measures and Reconciliations – Adjusted Net Income Reconciliation". Note on forward-looking statements and non-IFRS financial measures This release speaks at the date hereof and the Company is under no obligation to update or keep current the information contained in this presentation. Any information expressed herein is subject to change without notice. Any market or other third-party data included in this presentation has been obtained by the Company from third-party sources. While the Company has compiled and extracted the market data, it can provide no assurances of the accuracy and completeness of such information and takes no responsibility for such data. This release contains forward-looking statements. All statements other than statements of historical fact contained in this presentation may be forward-looking statements and include, but are not limited to, statements regarding the Company's intent, belief or current expectations. These forward-looking statements are subject to risks and uncertainties, and may include, among others, financial forecasts and estimates based on assumptions or statements regarding plans, objectives and expectations. Although the Company believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including those risks and uncertainties included under the captions 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in the prospectus dated December 8, 2021 filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended, and in the Annual Report on Form 20-F for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission on April 16, 2025. The Company, its advisers and each of their respective directors, officers and employees disclaim any obligation to update the Company's view of such risks and uncertainties or to publicly announce the result of any revision to the forward-looking statements made herein, except where it would be required to do so under applicable law. The forward-looking statements can be identified, in certain cases, through the use of words such as 'believe,' 'may,' 'might,' 'can,' 'could,' 'is designed to,' 'will,' 'aim,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'forecast', 'plan', 'predict', 'potential', 'aspiration,' 'should,' 'purpose,' 'belief,' and similar, or variations of, or the negative of such words and expressions. The financial information in this document includes forecasts, projections and other predictive statements that represent the Company's assumptions and expectations in light of currently available information. These forecasts, projections and other predictive statements are based on the Company's expectations and are subject to variables and uncertainties. The Company's actual performance results may differ. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts, projections or predictive statements contained herein, and undue reliance should not be placed on the forward-looking statements in this presentation, which are inherently uncertain. In addition to IFRS financials, this presentation includes certain summarized, non-audited or non-IFRS financial information. These summarized, non-audited or non-IFRS financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with IFRS. References in this presentation to 'R$' refer to the Brazilian Real, the official currency of Brazil. About Nu Nu is one of the largest digital financial services platforms in the world, serving more than 122 million customers across Brazil, Mexico, and Colombia. The company has been leading an industry transformation by leveraging data and proprietary technology to develop innovative products and services. Guided by its mission to fight complexity and empower people, Nu caters to customers' complete financial journey, promoting financial access and advancement with responsible lending and transparency. The company is powered by an efficient and scalable business model that combines low cost to serve with growing returns. Nu's impact has been recognized in multiple awards, including Time 100 Most Influential Companies, Fast Company's Most Innovative Companies, and Forbes World's Best Banks. For more information, please visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store