NZ owned US-based mobile payments company Pushpay Holdings Ltd, says its success depended on capturing a significant portion of the Catholic church market in the United States.
On Thursday the company provided the market with long-term projections forecasting that the total value of money processed on its platforms would exceed $15.9 billion and it would have more than 20,000 customers by the year ending March 2025.
Pushpay chief executive Molly Matthews said the forecast was based on the company capturing a 20 to 25 percent share of the Catholic church market.
Providing mobile donation services to churches and charities, particularly in North America, the company processed $12.1 billion and had a total of 14,508 customers for the year ended March.
Matthews said being dual-listed on the NZX and ASX is not on the cards for now. Continue reading