Pushpay eyes acquisitions as cash flow fills collection plate

Pushpay eyes acquisitions as cash flow fills collection plate
Paul McBeth
Pushpay Holdings has its eyes on buying other companies to aid its long-term goal of attracting more than half of America's medium and large churches as positive cash flow fills its coffers.The digital church collection payment app maker started generating a positive operating cash flow over the past 12 months, and that stepped up to US$8.9 million in the six months ended Sept. 30 from about US$2 million in the March period. That turned around an outflow of US$5.1 million a year earlier. Pushpay was sitting on US$9.9 million in cash at Sep...

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