In this Company episode of The Synopsis we talk about Shift4, drawing from our 85-page research report to cover everything from their early history, to an overview of the payment landscape, and their unique customer acquisition model, as well as competitive moats.

**Learn more about our 85-page Shift4 Research Report here**

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Show Notes

(0:00) — Intro
(6:04) — Why Shift4?
(11:36) — Payment Processing Example
(18:34) — Shift4 History
(45:40) — Revenue Breakdown
(57:10) — Gateway Economics
(1:00:00) — Business Overview
(1:02:00) — Competition
(1:10:00) — Value Proposition
(1:15:56) — Capital Allocation & ROIC
(1:27:00) — Valuation
(1:32:16) — Risks
(1:38:00) — Upside
(1:40:50) — Shift4 CEO Interview Announcement

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Disclaimer

Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of recording no contributors had a position in FOUR. This may change without notice. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/

Company. How Shift4 Built and Bought an Integrated Payments Powerhouse

The Synopsis