CardConnect
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CardConnect

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    • Financial Servicespayments

    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. 


    Revenue(FY, 2016)
    $589.3 M

    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
    Show all (1)
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    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
    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
    show all
    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
    show all
    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
    show all
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    Competitors

    Paymetric
    Technology - Subsidiary
    Allied Wallet
    Financial Services - Private
    Fairpoint Group
    Financial Services - Public
    Liaison Financial Services
    Financial Services - Private
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    CardConnect Online and Social Media Presence

    Embed Graph
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    CardConnect News and Updates

    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…
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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.