Toast news and trends

Toast Debuts Restaurant Marketing Tools as Diners Show Caution
ResTech // May 01, 2024

Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite combines marketing tools and automation technology, according to a Monday (May 1) news release. “Together, the suites create a seamless...

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
IPO // April 19, 2024

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed, this was the week the platforms plummeted. Hippo Insurance slipped 14.8%, and Opendoor gave up 12.4%. OppFi...

Toast to Add AI-Based Benchmarking Feature to Restaurant Management Suite
ResTech // April 11, 2024

Toast has launched its Restaurant Management Suite with new features for multi-unit, enterprise brands. These features join the company’s cloud-based digital technology platform that is built for restaurants of all sizes and is used in more than 100,000 restaurant locations, the company said in a...

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
IPO // February 23, 2024

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Upstart and Open Lending shares sank in the wake of reports that gave the nod to macro pressures...

Interviews & Exclusives
Earnings Deluge Helps Send FinTech IPO Index 4% Higher

May 10, 2024
Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading.  Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s latest results detailed that  income growth was 35.5% year over year (YoY), while total subscribers surged to 371,000 from 142,000 a year ago. Quarterly purchase […]

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 

April 19, 2024
If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed,...

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings

February 23, 2024
Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Upstart and Open...

FinTech IPO Index Loses 1.8% as Oportun Plunges, Earnings Roll In

November 10, 2023
The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The index lost 1.8%, led by...

Quick Reads
Toast Debuts Restaurant Marketing Tools as Diners Show Caution

May 01, 2024
Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite combines marketing tools and automation technology, according to a Monday (May 1) news release. “Together, the suites create a seamless digital hospitality experience for restaurants, integrate across the Toast platform, […]

Toast to Add AI-Based Benchmarking Feature to Restaurant Management Suite

April 11, 2024
Toast has launched its Restaurant Management Suite with new features for multi-unit, enterprise brands. These features join the company’s cloud-based digital technology platform that is built for restaurants of all...

Toast Takes Restaurant Management Mobile With ‘Toast Now’

November 01, 2023
Toast debuted a mobile app that lets restaurateurs manage their eateries on the go. Toast Now is part of a larger product rollout by the restaurant technology company that includes...

Toast Co-Founder Aman Narang to Take CEO Reins in January

September 05, 2023
Restaurant point of sale (POS) provider Toast has a new chief executive. Aman Narang, who co-founded the firm in 2011 and has served as its chief operating officer since 2021, will become...