PYMNTS-MonitorEdge-May-2024

Toast

Toast gives your restaurant the technology you need to succeed in today's fast-paced environment.

Source: pos.toasttab.com

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
February 23, 2024  |  IPO

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index...

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As Toast Trims Staff and Growth Slows, Subscription Revenues Gain 49%
As Toast Trims Staff and Growth Slows, Subscription Revenues Gain 49%
February 15, 2024  |  Earnings

Toast’s latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics slowed....

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FinTech IPO Index Loses 1.8% as Oportun Plunges, Earnings Roll In
FinTech IPO Index Loses 1.8% as Oportun Plunges, Earnings Roll In
November 10, 2023  |  Fintech Investments

The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The...

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Toast Says Specialized Digital Products Key to Securing Bigger Restaurant Market Share
Toast Says Specialized Digital Products Key to Securing Bigger Restaurant Market Share
November 07, 2023  |  Earnings

Restaurant point of sale (POS) provider Toast has attributed its strong quarterly performance to location additions and balancing top-line growth while optimizing operational efficiency.  Third-quarter...

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FinTech IPO Index Surges 6%, as SoFi and NerdWallet Post Quarterly Results 
FinTech IPO Index Surges 6%, as SoFi and NerdWallet Post Quarterly Results 
November 03, 2023  |  Fintech Investments

Earnings season is in full swing, and has given several names in the FinTech IPO Index a boost. Through the past five days, the index...

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Toast Takes Restaurant Management Mobile With ‘Toast Now’
Toast Takes Restaurant Management Mobile With ‘Toast Now’
November 01, 2023  |  ResTech

Toast debuted a mobile app that lets restaurateurs manage their eateries on the go. Toast Now is part of a larger product rollout by the...

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Restaurant Technology Becomes More Specialized Amid Stiff Competition
Restaurant Technology Becomes More Specialized Amid Stiff Competition
September 15, 2023  |  ResTech

This week in restaurant news, technology providers are unveiling more specialized offerings to cut through the noise. Toast launched a solution specifically for cafes and...

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FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
September 15, 2023  |  Stock Index

The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself...

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Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

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