Paymentus has digitally processed 124.8 million transactions in the fourth quarter of 2023, an increase of 28.4% from the full year 2022, per its financial results. The company’s quarterly revenue was $164.8 million, a rise of 24.7% year-over-year, which executives noted was driven largely by increased transactions. Paymentus’s stock was up 25% on the news of its earnings.