TSG has been closely monitoring COVID-19 as it spreads worldwide. As the situation evolves, the health and safety of our staff, clients, and partners is the top priority. TSG ensures business continuity for its clients and partners. We want to assure you that our support for the payments industry will continue through this time of uncertainty – we are here for you. Please email us with any questions or concerns.

May 16, 2020Blog Posts

Shift4 Payments files to go public


Payments technology firm Shift4 Payments Inc filed for its U.S. initial public offering at a time when more transactions are moving online due to coronavirus-led restrictions.

Companies that provide online infrastructure for financial and payment services are getting a boost amid the COVID-19 pandemic as more customers gravitate towards contactless payments and online banking services.

The Pennsylvania-based company reported a net loss of $58.1 million in 2019, compared with $49.9 million in 2018. Gross revenue rose 30.5% during the same period, according here to its regulatory filing.

The company plans to list its Class A common shares on the New York Stock Exchange under the symbol “FOUR”.

Citigroup, Credit Suisse, Goldman Sachs and Morgan Stanley are among the underwiters of the IPO.


  • Share this post: