Givex acquired by Shift4 for US$148 million

Shift4 acquires Givex for US$148 million, expanding their global payments business. Givex, with 350 employees in 10 countries, has seen a 64% increase in annual revenue over the last four years.

A photo of the author - Simon Rowles
Simon Rowles
Founder, CEO

Toronto Stock Exchange listed gift card and loyalty company Givex has been acquired by Shift4 for US$148 million. GiveX has 350 employees across 10 countries including Australia. Givex’s annual revenue has climbed 64% in the last four years to US$60 million. Shift4 is making multiple acquisitions to build out a global payments business.

Source: Payments Dive