Pushpay maintains 2017 revenue and breakeven guidance on 2Q growth

Pushpay maintains 2017 revenue and breakeven guidance on 2Q growth
Sophie Boot
By Sophie Boot Oct. 12 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, says it exceeded its guidance for the second quarter of 2017 and is on target to reach its forecast $100 million of annualised committed monthly revenue by the end of next year. The Auckland-domiciled, Redmond, US-headquartered company increased its total number of merchants to 5,286 in the quarter, up 151.5 percent on the same period a year earlier, with net merchant growth of 795 in the three months ended Sept. 30, ahead of the 725 new merchants...