Welcome to our dedicated page for Shift4 Payments news (Ticker: FOUR), a resource for investors and traders seeking the latest updates and insights on Shift4 Payments stock.
Shift4 Payments, Inc. (symbol: FOUR) is a leader in secure payment processing solutions, powering top point-of-sale and software providers across various verticals such as food & beverage, hospitality, lodging, gaming, retail, and e-commerce. Among its known brands are Harbortouch, Restaurant Manager, Positouch, and Future POS. Additionally, Shift4 integrates with over 300 software solutions across diverse industries, ensuring seamless and secure transactions.
With a presence spanning eight offices in the United States and Europe, Shift4 Payments collaborates with 7,000 sales partners and operates three state-of-the-art data centers. The company processes over 1 billion transactions annually for nearly 200,000 businesses, translating to over $100 billion in payments each year.
Shift4 Payments offers an integrated payment processing and technology solution, providing software providers a single integration point for end-to-end payment processing. Their services include a powerful gateway, cloud enablement, business intelligence, analytics, and mobile solutions, enhancing the value of software suites and simplifying payment acceptance. The company derives the bulk of its revenue from its operations in the United States.
Recent achievements and developments in Shift4 Payments include strategic partnerships and technological advancements aimed at enhancing their service offerings. By continually expanding their integration capabilities and processing infrastructure, Shift4 Payments remains at the forefront of the payment processing industry.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced a partnership with Alterra Mountain Company, which operates 19 premier mountain destinations. Shift4 will handle all payments across Alterra's properties, including hotels, restaurants, lift tickets, and online Ikon Pass sales.
Alterra Mountain Company is renowned for its mountain destinations, offering premier outdoor experiences across North America. With this partnership, Shift4 aims to enhance the guest experience by providing a seamless, secure, and efficient payment infrastructure for lodging, dining, ticketing, and online purchases.
Gui Karyo, Chief Technology Officer of Alterra, emphasized that enhancing the guest experience is central to their mission, and Shift4's solutions will help deliver a frictionless experience. Michael Isaacman, Chief Commercial Officer of Shift4, expressed excitement about the partnership, highlighting that their technology simplifies and secures the entire commerce experience, from purchasing lift tickets to paying for hotel rooms and meals.
Shift4's solutions are trusted by leading resorts, sports venues, and entertainment destinations worldwide, transforming guest interactions with payments.
Shift4 has entered into a definitive agreement to acquire Global Blue for $7.50 per common share, representing a 15% premium to Global Blue's closing share price as of February 14, 2025. The transaction, expected to close by Q3 2025, will create a global leader in commerce and shopping technologies with presence in over 50 countries.
The combined entity will serve several hundred thousand retail and hospitality locations. Global Blue's preliminary Q3 FY24/25 results show strong performance with a 20% YoY revenue increase to €131m and 31% YoY Adjusted EBITDA growth to €52m. Last Twelve Months figures indicate a 20% YoY revenue increase to €486m and 38% YoY Adjusted EBITDA growth to €188m.
The acquisition has received unanimous approval from both companies' boards of directors and will be financed through cash on hand and a 364-day $1,795 million bridge loan facility.
Shift4 (NYSE: FOUR) has announced a definitive agreement to acquire Global Blue (NYSE: GB) for $7.50 per common share in cash, representing a 15% premium and a ~$2.5 billion enterprise value. Global Blue serves over 400,000 premium retail and hospitality locations with tax-refund and currency conversion technology across Europe, Asia, and South America.
The acquisition will enhance Shift4's unified commerce capabilities by integrating Global Blue's merchant solutions into their global payments platform. Key shareholders Ant International and Tencent will explore strategic partnerships with Shift4 and remain shareholders, facilitating the distribution of Alipay+ and Weixin Pay throughout the Shift4 ecosystem.
The transaction, unanimously approved by both companies' boards, is expected to close by Q3 2025, subject to regulatory approvals and a minimum 90% tender of Global Blue's shares. Shift4 plans to finance the acquisition through cash on hand and a $1,795 million bridge loan facility.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced its fourth quarter 2024 financial results. The company has made the results available through its Q4 2024 Shareholder Letter, which can be accessed on their Investor Relations website.
The company has scheduled an earnings conference call for February 18th, 2025, at 4:10 p.m. ET, where management will discuss the results. The call will be accessible via toll-free and toll dial-in numbers, and will also be webcast live through Shift4's website. Following the earnings call, the company will host an Investor Day event, which will also be webcast.
Both the earnings call and Investor Day presentation will be simulcast via X Spaces (formerly Twitter), accessible by following @Shift4.
The Giving Block, a leading crypto fundraising platform, released its 2025 Annual Report on Crypto Philanthropy, revealing unprecedented growth in cryptocurrency donations. The report highlights that over $1 billion in cryptocurrency was donated to nonprofits in 2024, marking the highest year on record for crypto philanthropy.
Key findings show that nonprofit crypto acceptance has reached all-time highs, with more organizations leveraging digital assets for fundraising. Bitcoin regained its position as the leading cryptocurrency for donations, accounting for 64% of all known crypto donations in 2024, after falling behind Ethereum and USDC in 2023. The report also notes the emergence of AI-driven investors in the crypto philanthropy space.
The platform forecasts continued growth in 2025, driven by a strengthening crypto market, supportive political landscape, and increased adoption of crypto-based giving.
Shift4 (NYSE: FOUR) has announced its upcoming 2025 Investor Day and Q4 2024 earnings release, both scheduled for February 18, 2025 in Las Vegas. The company will release its fourth quarter 2024 financial results after market close, followed by a conference call at 1:10pm PT. The Investor Day will commence at 4:30pm ET (1:30pm PT).
The earnings conference call will be accessible via toll-free dial-in (+1-877-407-0613) and toll dial-in (+1-201-689-8051). Both events will be webcast through Shift4's investor relations website. Additionally, the earnings call will be simulcast on X Spaces (formerly Twitter). Interested parties can request in-person attendance for the Investor Day through the company's website or by emailing investorday@shift4.com.
The Giving Block has released its 2024 Crypto Impact 100 list, showcasing the most influential figures in cryptocurrency who are driving positive global change. The list features prominent individuals including Vitalik Buterin (Ethereum co-founder), Jack Butcher (Visualize Value creator), Jared Isaacman (Shift4 founder), and Kimbal Musk (Big Green co-founder).
The initiative is part of The Giving Block's broader 'Crypto for Good' campaign, which aims to raise $200 million in crypto donations by the end of 2024. The list recognizes individuals across categories including Crypto Visionaries, Crypto Philanthropists, Pro-Crypto Policymakers, and Community Organizers and Educators.
Shift4 (NYSE: FOUR) and Jon Taffer have announced five winners for their 2nd annual SkyTab Rescue Mission contest, supporting small businesses in need. Each winner receives a $20,000 business grant, consultation with Jon Taffer, and a complete SkyTab POS System.
The winners, selected from over 100 applicants and 5,000 social media votes, are: Comedy in Harlem (NY), Pips Pub (IN), Dragonfly Café (NE), Kitty's Cheesecakes (MI), and Rock Lake Lodge & Campground (WI). Each business faces unique challenges, from credit card debt to inflation impacts and operational inefficiencies.
Shift4 (NYSE: FOUR) has announced a multi-year partnership with the Memphis Grizzlies to power payments at FedExForum. As the team's official point-of-sale partner, Shift4 will provide payment processing solutions for food and beverage concessions throughout the arena and handle ticketing transactions. The partnership aims to streamline operations and enhance the fan experience, offering seamless transactions from online ticket purchases to game-day concession purchases. Shift4's integrated commerce solutions are currently utilized across major professional sports leagues, colleges, and entertainment venues.
Shift4 (NYSE: FOUR) has partnered with BSE Global to process payments at Barclays Center, home of the Brooklyn Nets and 2024 WNBA Champions New York Liberty. The partnership covers ticketing, food and beverage, and retail transactions throughout the Brooklyn arena. Barclays Center, consistently ranked among Billboard and Pollstar's top 10 global arenas, hosts major events including MTV Video Music Awards, NBA All-Star weekend, and NBA Drafts. Shift4's end-to-end integrated payment solutions aim to streamline transactions and enhance customer experience at the venue, which experiences high transaction volumes during events.
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