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Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth - TL;DR CNBC

Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth

Publishing timestamp: 2024-06-06 09:58:09


Summary

Payhawk, a corporate card startup, is planning mergers and acquisitions to grow in the world of corporate spend management. The company has seen significant growth in revenue and customer base, and is looking to acquire early-stage startups. Payhawk's ultimate goal is to become a publicly listed company through an IPO.


Sentiment: POSITIVE

Tickers: SAPAXP

Keywords: mergers and acquisitionsnetherlandsbreaking news: technologysap seamerican express counited statesbusiness newstechnologyamsterdam

Source: https://www.cnbc.com/2024/06/06/corporate-card-unicorn-payhawk-plans-acquisitions-to-expand-in-us.html


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