79 days ago • Posted by William Ramstein

Toast gets ready for massive IPO

Toast provides payment-processing hardware and cloud-based software for restaurants. Aside from core point-of-sale offerings, its products include payroll processing and email marketing, and it also lends to restaurants through Toast Capital. Competitors include Square Inc. and PayPal Holdings Inc. The IPO could see Toast raise its value to $20 billion in the public markets. Currently it is valued at around $5 billion. Source: WSJ