Pushpay squandered ‘greatest ever year’, says Forsyth Barr analyst
Pushpay chief executive Molly Matthews says the company has a plan.
The pandemic was manna from heaven for digital technology companies that enabled the socially distanced world to function, but somehow Pushpay missed out.At the end of the 2020 financial year – which ended March 31 – 4,826 churches were reported to be using the platform. Six months later that number had only increased by 13 churches. In a highly critical report, Forsyth Barr analyst Jamie Foulkes gave the church donation software company an ‘underperform’ rating, saying it had failed to make the most of the opportu...
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