Pushpay hits US$100M ACMR target, on track to break even on monthly cash flow basis

Tue, 02 Jan 2018

By Rebecca Howard Jan. 3 (BusinessDesk) - Pushpay Holdings, the mobile payments app company, reached its target of US$100 million in annualised committed monthly revenue by Dec. 31 and reiterated it expects to break even on a monthly cash flow basis before the end of 2018. In October, the Auckland-domiciled, US-headquartered company brought forward the target to Dec. 31, 2017, from March 31, 2018, after ACMR, the company's preferred metric which measures total billings through merchants that Pushpay collects fees from, was US$67.5 milli...

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