Question · Q3 2023
The analyst asked about the performance of the Paya acquisition compared to initial expectations and the strategy for leveraging its integrated payments business. He also asked what had changed since the previous quarter to provide more stability and clarity.
Answer
The executive expressed that the Paya acquisition has exceeded expectations and is accelerating growth in the B2B, government, and ISV channel. He clarified that the improved outlook is not due to a fundamental change in visibility but rather the natural, non-linear timing of enterprise client activations and the maturation of prior investments reaching an inflection point.