Shift4 started planning for its IPO in 2019, initially looking to list in the first quarter of 2020. As the coronavirus pandemic began to wreck havoc on markets, the process was slowed, Isaacman said. The payments fintech's target customers are restaurants, hospitality, and specialty retail companies.But as payments volumes began to trend up in April and May across Shift4's customer base, the idea of listing regained steam.
The company has yet to turn a profit, but has seen consistent year-over-year revenue growth since its founding in 1999, Isaacman said. See more: "We attribute that to our concentration in restaurants because it was one of the first industries people reengaged with once they felt a little bit safer," Isaacman said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Look inside a modern Colorado ranch home made of shipping containers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That is so nice!
Source: BusinessInsider - 🏆 729. / 51 Read more »
IRS has a tool for non-filers to get faster stimulus payments - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Seattle ends curfew early, officials say it was making things worse - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I disagree. The agitators with criminal agendas come out in darkness, like the cowards and thieves they ARE. None of this should be romanticized as 'justified'. Dont tell me you were so heartbroken over Floyd that you had to steal that Big Screen or Apple. Tell that to NYC mayor
Source: BusinessInsider - 🏆 729. / 51 Read more »
Look inside a modern Colorado ranch home made of shipping containers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That is so nice!
Source: BusinessInsider - 🏆 729. / 51 Read more »