CardConnect is an innovative and rapidly growing payment processing company. Since its inception, CardConnect has quickly grown to process billions in transactions each year for more than 45,000 businesses across the U.S., ranging from Fortune 500 companies to local coffee shops. Our mission is to make accepting payments as simple and easy as possible while providing unmatched security for our customers. 


Employee Rating

4.3More
TypeSubsidiary
Parent CompanyFirst Data
HQKing of Prussia, US
Founded2006
Websitecardconnect.com
CardConnect was founded in 2006 and is headquartered in King of Prussia, US
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Key People/Management at CardConnect

Brian Shanahan

Brian Shanahan

Chief Executive Officer and Chairman
Patrick Shanahan

Patrick Shanahan

COO
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CardConnect Office Locations

CardConnect has an office in King of Prussia
King of Prussia, (HQ)
300 1000 Continental Dr
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CardConnect Financials and Metrics

Summary Metrics

Founding Date

2006

Total Funding

$50 m

Investors

In total, CardConnect had raised $50 m. CardConnect is a subsidiary of First Data

CardConnect Revenue

CardConnect's revenue was reported to be $589.32 m in FY, 2016
Annual
USDFY, 2015FY, 2016

Revenue

589.3m

General and administrative expense

55.3m

Operating expense total

228.6k601.4m

Depreciation and amortization

22.3m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

154.0m156.7m

General and administrative expense

31.2m10.7m

Operating expense total

118.8k98.1k173.3m155.9m

Depreciation and amortization

5.7m4.8m
Annual
USDFY, 2015FY, 2016

Cash

153.1k9.4m

Accounts Receivable

26.0m

Current Assets

224.9k62.7m

PP&E

5.6m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

188.2k123.8k65.3k9.6m11.5m

Accounts Receivable

19.9m20.6m

Current Assets

293.9k166.8k126.5k47.1m61.2m

PP&E

6.0m6.5m
Annual
USDFY, 2015FY, 2016

Net Income

(243.6k)(16.1m)

Depreciation and Amortization

22.3m

Accounts Payable

(20.8k)653.8k

Cash From Operating Activities

(321.2k)1.2m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(116.8k)(78.1k)422.5k(18.7m)(1.6m)

Depreciation and Amortization

16.7m4.8m

Accounts Payable

27.2k20.8k20.8k40.0k361.8k45.2k2.7m

Cash From Operating Activities

(29.3k)(43.8k)10.3m
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CardConnect Online and Social Media Presence

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CardConnect News and Updates

First Data to buy CardConnect for $750 mln

First Data Corp said May 29 that it agreed to buy CardConnect for $15 a share or $750 million. CardConnect, of King of Prussia, Pennsylvania, is a payment processor. Allen & Company LLC provided financial advice to First Data and Weil, Gotshal & Manges LLP acted as its legal advisor. Financi…
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CardConnect Company Life and Culture

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CardConnect Frequently Asked Questions

  • When was CardConnect founded?

    CardConnect was founded in 2006.

  • Who are CardConnect key executives?

    CardConnect's key executives are Brian Shanahan and Patrick Shanahan.

  • What is CardConnect revenue?

    Latest CardConnect annual revenue is $589.3 m.

  • Who are CardConnect competitors?

    Competitors of CardConnect include Paymetric, Allied Wallet and Fairpoint Group.

  • Where is CardConnect headquarters?

    CardConnect headquarters is located at 300 1000 Continental Dr, King of Prussia.

  • Where are CardConnect offices?

    CardConnect has an office in King of Prussia.

  • How many offices does CardConnect have?

    CardConnect has 1 office.