Private company
Paya Holdings Inc.
American business services company, incorporated in Delaware1
In its 2023 annual report the company says: “We are a leading independent integrated payments and commerce platform providing card, Automated Clearing House, and check payment processing solutions via software to middle-market businesses in the United States. Our solutions integrate with our customers’ core business software to enable payments acceptance, reconcile invoice detail, and post payment information to their core accounting systems.”41 It is headquartered in Atlanta, Georgia.1
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Selling, general and admin31¢$87.0M
- Other costs59¢$167.8M
- Interest5¢$14.3M
- Income tax2¢$5.3M
- Profit3¢$8.3M
Out of $282.7M in revenue.3
Where each dollar of operating cash went, fiscal 2022
- Capital spending15¢$7.0M
- Kept or used elsewhere85¢$38.5M
Out of $45.5M of cash from operations.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Revenue | $203.4M4 | $206.0M3 | $249.4M3 | $282.7M3 | |
| Gross profit | $101.8M4 | $103.9M3 | $130.1M3 | $144.0M3 | |
| Selling, general and admin | $69.9M4 | $63.0M3 | $77.5M3 | $87.0M3 | |
| Operating income | $9.4M4 | $16.3M3 | $22.6M3 | $25.2M3 | |
| Interest | $20.0M4 | $17.6M3 | $14.1M3 | $14.3M3 | |
| Income before tax | $446.0K3 | $13.6M3 | |||
| Income tax | -$2.4M4 | $433.0K3 | $1.3M3 | $5.3M3 | |
| Net income | -$9.0M4 | -$524.0K3 | -$811.0K3 | $8.3M3 | |
| Earnings per share | -$0.174 | -$0.013 | -$0.013 | $0.073 | |
| Earnings per share (diluted) | -$0.174 | -$0.013 | -$0.013 | $0.073 | |
| Shares (weighted, basic) | 126.4M shares3 | 126.4M shares3 | |||
| Shares (weighted, diluted) | 126.4M shares3 | 126.9M shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $50.3M4 | $26.0M4 | $23.6M3 | $146.8M3 | $168.8M3 |
| Current assets | $122.8M4 | $273.6M3 | $380.3M3 | ||
| Property, plant and equipment | $14.0M3 | $15.8M3 | |||
| Goodwill | $221.1M3 | $223.2M3 | |||
| Intangible assets | $136.7M3 | $121.3M3 | |||
| Total assets | $475.3M4 | $651.0M3 | $744.3M3 | ||
| Accounts payable | $3.1M3 | $5.5M3 | |||
| Short-term debt | $2.5M3 | $2.5M3 | |||
| Current liabilities | $103.7M4 | $131.7M3 | $222.9M3 | ||
| Long-term debt | $220.2M4 | $241.9M3 | $240.1M3 | ||
| Total liabilities | $359.3M4 | $409.1M3 | $487.4M3 | ||
| Retained earnings | -$14.2M3 | -$5.9M3 | |||
| Shareholders’ equity | $136.1M4 | $134.4M3 | $116.0M3 | $241.9M3 | $256.9M3 |
| Shares outstanding | 116.7M shares3 | 132.1M shares3 | 132.2M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash from operations | $23.9M4 | $21.4M3 | $36.6M3 | $45.5M3 | |
| Depreciation and amortization | $30.0M3 | $31.8M3 | |||
| Stock-based compensation | $3.7M3 | $7.2M3 | |||
| Capital spending | $5.2M4 | $6.6M3 | $5.7M3 | $7.0M3 | |
| Free cash flow | $18.7M | $14.8M | $30.9M | $38.5M | |
| Cash from investing | -$37.3M3 | -$19.3M3 | |||
| Cash from financing | $135.6M3 | $10.1M3 |
Corporate structure
Paya Holdings Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Paya Holdings Inc.
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Filed SC 13G/A on Paya Holdings Inc., latest Feb 9, 2024 (3 filings since Feb 2, 2022)
- GTCR-Ultra Holdings, LLC Filed SC 13D/A on Paya Holdings Inc., latest Feb 22, 2023 (2 filings since Jan 9, 2023)
- Point72 Asset Management, L.P. Filed SC 13G/A on Paya Holdings Inc., latest Feb 14, 2022
- Capital Research Global Investors Filed SC 13G/A on Paya Holdings Inc., latest Feb 11, 2022
- Paya Holdings Inc. Atlanta, Georgia
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Paya Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $32.7M3 Dec 31, 2022 | $26.4M3 Dec 31, 2021 | +23.8% |
| Accumulated depreciation | $16.9M3 Dec 31, 2022 | $12.4M3 Dec 31, 2021 | +36.1% |
| Property and equipment, net | $15.8M3 Dec 31, 2022 | $14.0M3 Dec 31, 2021 | +13.0% |
| Operating-lease assets (leased space) | $2.8M3 Dec 31, 2022 | $4.5M3 Dec 31, 2021 | −36.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $168.8M3 Dec 31, 2022 | $146.8M3 Dec 31, 2021 | +15.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $223.2M3 Dec 31, 2022 | $221.1M3 Dec 31, 2021 | +0.9% |
| Intangible assets, net (excluding goodwill) | $121.3M3 Dec 31, 2022 | $136.7M3 Dec 31, 2021 | −11.3% |
| Finite-lived intangibles, gross | $237.6M3 Dec 31, 2022 | $226.4M3 Dec 31, 2021 | +4.9% |
| Accumulated amortization | $116.3M3 Dec 31, 2022 | $89.7M3 Dec 31, 2021 | +29.7% |
| Finite-lived intangibles, net | $121.3M3 Dec 31, 2022 | $136.7M3 Dec 31, 2021 | −11.3% |
Leadership
Who has led Paya Holdings Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerJeffrey I. Hack Oct 16, 2020 to Feb 24, 20237
- Chief financial officerGlenn Joseph Renzulli Oct 16, 2020 to Feb 24, 20238
Board members and other officers (18)
- Chief Information OfficerBalaji Devarasetty May 6, 2022 to Feb 24, 20239
- Chief Commercial OfficerMichele Shepard Oct 12, 2021 to Oct 7, 202210
- Head of Product and MarketingAndrea Elizabeth Kando Oct 16, 2020 to Oct 16, 202011
- OfficerBenjamin Nicolas Weiner Oct 16, 2020 to Feb 24, 202312
- OfficerChristina Scappa Oct 16, 2020 to Mar 18, 202213
- Chief Information OfficerDarrell Gerard Winfield Oct 16, 2020 to Oct 16, 202014
- Chief Revenue OfficerMark Dominic Engels Oct 16, 2020 to Oct 16, 202015
- Chief Accounting OfficerEric Christopher Bell Dec 28, 2020 to Feb 24, 202316
- Board memberDebora Boyda Jun 3, 2022 to Feb 24, 202317
- Board memberOni Chukwu Apr 15, 2021 to Feb 24, 202318
- Board memberSid Singh Oct 1, 2021 to Feb 24, 202319
- Board memberAnna May Louise Trala Oct 16, 2020 to Oct 16, 202020
- Board memberCollin E. Roche Oct 16, 2020 to Oct 16, 202021
- Board memberJames Edward Bonetti Oct 16, 2020 to Oct 16, 202022
- Board memberJeffrey I. Hack Oct 16, 2020 to Feb 15, 20237
- Board memberKalen James McConnell Oct 16, 2020 to Oct 16, 202023
- Board memberStuart J. Yarbrough Oct 16, 2020 to Feb 24, 202324
- General counselMelinda Doster Apr 15, 2021 to Feb 24, 202325
Former names
- FINTECH ACQUISITION CORP III PARENT CORPAug 3, 2020 to Sep 23, 20202
Timeline
- Feb 22, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer26
- Jan 9, 20238-K Entered a material agreement; Ended a material agreement; Other events27
- Nov 4, 20228-K Results of operations28
- Sep 29, 20228-K Executive or director change29
- Aug 5, 20228-K Results of operations30
- Jun 1, 20228-K Executive or director change; Shareholder vote; Regulation FD disclosure31
- May 10, 20228-K Results of operations32
- Mar 14, 20228-K Results of operations33
- Mar 1, 20228-K Results of operations34
- Nov 5, 20218-K Results of operations35
- Oct 1, 20218-K Executive or director change; Regulation FD disclosure36
- Oct 16, 2020New chief executive Jeffrey I. Hack becomes CEO7
Calendar
When it reported results
- Nov 4, 2022Reported quarterly or annual results28
- Aug 5, 2022Reported quarterly or annual results30
- May 10, 2022Reported quarterly or annual results32
- Mar 14, 2022Reported quarterly or annual results33
- Mar 1, 2022Reported quarterly or annual results34
- Nov 5, 2021Reported quarterly or annual results35
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
93 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 11 major events, 48 insider forms, 7 large holders, 21 other. The latest 20:
- Feb 9, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
- Mar 7, 202315-12G EDGAR
- Feb 28, 2023EFFECT EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 24, 20234 EDGAR
- Feb 22, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 2 TO FORM S-3 EDGAR
- Feb 22, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
- Feb 22, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 2023SC 13D/A AMENDMENT NO. 3 TO SCHEDULE 13D EDGAR
- Feb 22, 20238-K CURRENT REPORT EDGAR
The 93 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 9, 2022 | WEINER BENJAMIN NICOLASChief Strategy Officer | Sale | 29,135 | $8.62 | $251.1K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/SC 13G/A, 3 filings Feb 2, 2022 to Feb 9, 202437
- GTCR-Ultra Holdings, LLCSC 13D/A, 2 filings Jan 9, 2023 to Feb 22, 202338
- Point72 Asset Management, L.P.SC 13G/A, 1 filing Feb 14, 202239
- Capital Research Global InvestorsSC 13G/A, 1 filing Feb 11, 202240
SEC filer profile
How Paya Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPaya Holdings Inc.1
- CIK0001819881
- Employer ID (EIN)85-21994331
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address303 Perimeter Center North, Suite 600, Atlanta, GA 303461
- Phone(800) 261-02401
- Shares outstanding132,424,929 as of Feb 17, 20233
- Public float$571.0M as of Jun 30, 20223
- On EDGAR sinceAug 3, 20201
- Filings217 in all: 4 (51), 3 (36), 8-K (23), 424B3 (13), 425 (7), CORRESP (7), 10-Q (6), EFFECT (6)1
All 38 form types
SC 13G/A (6), UPLOAD (6), SC 13G (5), S-4/A (4), 10-K (3), 8-K/A (3), SC 13D/A (3), SC 14D9/A (3), SC TO-T/A (3), 25-NSE (2), DEF 14A (2), POS AM (2), S-1 (2), S-4 (2), S-8 (2), S-8 POS (2), SC 13D (2), SC TO-C (2), SC TO-I/A (2), SC14D9C (2), 15-12G (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), NT 10-K (1), S-1/A (1), SC 14D9 (1), SC TO-I (1), SC TO-T (1)
- Latest filingsAnnual report (10-K) Feb 21, 2023
Quarterly report (10-Q) Nov 4, 2022
Proxy statement (DEF 14A) Apr 29, 2022
Latest 8-K (8-K) Feb 22, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARBenjamin Nicolas Weiner, Officer
- 13SEC EDGARChristina Scappa, Officer
- 14
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- 17SEC EDGARDebora Boyda, Board member
- 18SEC EDGAROni Chukwu, Board member
- 19SEC EDGARSid Singh, Board member
- 20SEC EDGARAnna May Louise Trala, Board member
- 21SEC EDGARCollin E. Roche, Board member
- 22SEC EDGARJames Edward Bonetti, Board member
- 23SEC EDGARKalen James McConnell, Board member
- 24SEC EDGARStuart J. Yarbrough, Board member
- 25SEC EDGARMelinda Doster, General counsel
- 26
- 27
- 28SEC EDGARResults of operations
- 29SEC EDGARExecutive or director change
- 30SEC EDGARResults of operations
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- 32SEC EDGARResults of operations
- 33SEC EDGARResults of operations
- 34SEC EDGARResults of operations
- 35SEC EDGARResults of operations
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