| Type | Subsidiary |
| Parent Company | First Data |
| HQ | King of Prussia, PA, US |
| Founded | 2006 |
| Website | cardconnect.com |
| Cybersecurity rating | BMore |
CardConnect was founded in 2006 and is headquartered in King of Prussia, PA, US
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at CardConnect
Brian Shanahan
Chief Executive Officer and Chairman
Patrick Shanahan
COO
Angelo Grecco
Chief Business Development Officer
Michael Mertz
Chief Sales Officer
Robert Nathan
EVP, Integrated Solutions
Nicholas Aceto
Senior Vice President, Technology
CardConnect Office Locations
CardConnect has an office in King of Prussia
King of Prussia, PA, US (HQ)
1000 Continental Dr #300
CardConnect Financials and Metrics
Summary Metrics
Founding Date | 2006 |
Total Funding | $50 m |
Investors | FTV Capital |
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 which is a 28.5% increase from the previous period.
Annual
| USD | FY, 2015 | FY, 2016 |
|---|---|---|
Cash | 3.6m | 9.4m |
Accounts Receivable | 15.7m | 26.0m |
Current Assets | 31.5m | 62.7m |
PP&E | 6.1m | 5.6m |
Annual
| USD | FY, 2015 | FY, 2016 |
|---|---|---|
Net Income | 1.2m | (16.1m) |
Depreciation and Amortization | 20.4m | 22.3m |
Accounts Payable | 2.1m | 653.8k |
Cash From Operating Activities | 20.1m | 1.2m |
| USD | Q1, 2015 |
|---|---|
Financial Leverage | -42.9 x |
CardConnect Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| SmartPay | August 08, 2013 | |
| FTS Holding Corporation | ||
| Princeton Payment Solutions |
CardConnect Revenue Breakdown
CardConnect revenue breakdown by business segment: 98.8% from Merchant Acquiring Services and 1.2% from Other
CardConnect Cybersecurity Score
CardConnect Online and Social Media Presence
2.47k Twitter followers
CardConnect has 2.47k Twitter Followers. The number of followers has decreased 0.6% month over month and decreased 1% quarter over quarter
CardConnect's Trends
CardConnect Company Culture
Overall Culture
B
71/100
CEO Rating
F
53/100
Compensation
B-
71/100
CardConnect News and Updates
July 31, 2019
Datatel IVR Payments Receives CardConnect Certification
This latest certification allows merchants to seamlessly process credit, debit card and ACH transactions through Datatel's IVR Payments as a Service to CardConnect
May 30, 2017
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…
CardConnect Blogs
May 28, 2021
The 10 Biggest Data Breaches [With Chart]
Think about this - every day, how many times do you log in to a website or smartphone app? The number of usernames and passwords we have at our disposal is growing by the day - and hackers and criminals aim to have them at their disposal too, leading many to be at risk of some of the biggest data br…
May 14, 2021
6 Proven Expert Tips for Data Breach Prevention
There’s little doubt that data breaches are continuous challenge for businesses and consumers. In contrast to the growth of previous years, according to a report from the Identity Theft Resource Center, there were 1108 data breaches in 2020, down 19% compared to 2019. This looks promising, however, …
May 14, 2021
Credit Card Tokenization: Everything You Need to Know
As the progress of payment technology gathers pace, the potential threat to sensitive customer data increases at a similar speed. A particular danger arises with the storing of customer payment details, and it is therefore vital that organizations take appropriate measures to heighten data security …
April 22, 2021
Opening a Restaurant, Costs & Considerations
Launching a new business venture takes time, money and a lot of energy. In order to ensure you’re not one of the 50% of small businesses that fails after five years, as a new business owner you need to do your research and make sure you’re fully prepared for the challenges that lie ahead.
If you’v…
April 22, 2021
How To Pass PCI Compliance & More
What You Will Learn in this Article:
What is PCI Compliance?
How to become PCI Compliant
12 Key requirements for PCI Compliance
What are the benefits of PCI Compliance?
What happens if I'm not PCI Compliant?
The state of PCI DSS Compliance
PCI DSS Compliance FAQ's
P…
April 22, 2021
ISV Partnerships Explained & How They Can Drive Business Growth
For ISVs (Independent Software Vendors), like most companies, business growth is a central goal. Many are succeeding, as evidenced by the growth of the global ISV market that is anticipated to reach a value of USD 408.15 million by 2026.
What is an ISV?
An ISV specializes in developing, marketing…
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, Patrick Shanahan and Angelo Grecco.
How many employees does CardConnect have?
CardConnect has 464 employees.
What is CardConnect revenue?
Latest CardConnect annual revenue is $589.3 m.
What is CardConnect revenue per employee?
Latest CardConnect revenue per employee is $1.3 m.
Who are CardConnect competitors?
Competitors of CardConnect include Paymetric, Covercy and Mobile Money.
Where is CardConnect headquarters?
CardConnect headquarters is located at 1000 Continental Dr #300, 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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies