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What an honor to represent team @ThanxInc on the @nrn
#NRNPowerList. We love helping "restaurants and other brick-and-mortar businesses reach new customers and broaden relationships with existing customers." Much more coming in 2020! nrn.com/people/thanx-founder…
Zach Goldstein retweeted
In 2019, @ZGoldstein, Founder & CEO, @ThanxInc wrote an essay that told his industry an uncomfortable truth. In fact, no one was ready to accept it.He called it The Four Horsemen of the Restaurant Apocalypse.
The thesis: third-party delivery marketplaces would do to restaurants what online travel agencies did to hotels. The industry pushed back hard. "The revenue is all incremental," they said.
Nobody is having that debate anymore. Every prediction played out.
That’s what makes Zach a contrarian truth teller, and this episode of The Catapult Code is full of such insights:
→ On owning your customer: "If you don't own that relationship, you're renting them from someone else who does."
→ On the hardest pivot: he raised venture money from Sequoia with a vision of serving everyone. Then came the harder call: right-size the team, change the investor base, pursue profitability. "It felt like a failure in many ways." And then, it led to 17 straight quarters of bookings growth.
→ On the metrics that matter: not signups, not vanity numbers. Net revenue retention, and whether a campaign drove measurably incremental revenue.
14 years. One company. Zero shortcuts.
@PrabhuKeDarshan , @BrendanMars , @vboorla , @tanmaycshah , @lakshmangupta_k , @qapita , @bvhk,
Watch the full episode: youtu.be/wHAHDuh1fLo
Always startling whenever I see the take-rate of an Uber driver on their driver app. He made $21 for my $53 ride?
Is 60% standard now?
LFG. One of my favorite people and one of my most exciting and enthusiastic investments. If you don’t know @finix and @RSerna2010, you will soon.
Today @finix is excited to announce we’ve raised $75M in Series C funding led by @AcrewCapital, co-led by @lightspeedvp and @leappartners.
When we started Finix, we were big believers in the developer movement. We still are! Since then, we’ve recognized that there’s been a major shift in the market. Even businesses that have developers don’t want to spend their time or resources on payments — they want highly brandable and configurable payment components. From startups to publicly traded companies, merchants to vertical SaaS companies, customers of all sizes are taking advantage of Finix’s no-code solutions. Today, every feature in Finix's broad product suite is now available in no-code, low-code and API-driven solutions.
If Adyen is for the enterprise, Square is for card present SMBs, Stripe is for the developer-centric startup, Finix is for the 22M businesses without enough developers.
Read more here: hubs.ly/Q02VFwNl0
No joke. Corp bank acct migrated from #FirstRepublic to @jpmorgan. Need to send wire slightly larger than wire limit. At FRB — call your named banker to help in real-time. At @Chase "You will need to attend 20-30 minute fraud awareness training before can increase wire limit."
I rarely retweet but this is just 🔥 from @parkerconrad
Zach Goldstein retweeted
Replying to @ZGoldstein
@ZGoldstein, CEO & founder of @ThanxInc, joined the pod to discuss why seemingly every US restaurant chain is revamping loyalty (spoiler alert, it's bc they're not working!). He outlined how loyalty programs can drive traffic despite consumer headwinds.
bit.ly/3VkLNkz
BIG CHICKEN REWARDS IS HERE 🔥 Sign up today by downloading the Big Chicken App. Create an account in the month of March, @Shaq is going to add 200 Bok Bucks in to your account 🐔 Rewards include Free Food, Merch and even a @CarnivalCruise! Download: bit.ly/3frkaUu 🙌
Happy birthday to the original @BigChickenShaq, Mr. @SHAQ. Download the Big Chicken app by @ThanxInc to celebrate! #bigchickenshaq Bok Bok. Order here: order.thanx.com/bigchicken
Come kick it with us on Wednesday, March 6th as we celebrate our founder @Shaq's Birthday with a FREE ICE CREAM CONE!🍦🔥🙌 #BigChickenShaq
Few better than @RSerna2010. Great news.
1/ Today, we’re proud to announce that @finix's payments solution for merchants, marketplaces, SaaS platforms, and software companies is officially available in Canada 🇨🇦. In 2024, you may assume that would be simple, but here’s why it’s such a big deal:
THREAD 🧵
“The coming year will also witness a doubling down on loyalty, with an increased focus on ROI and the ability to refine loyalty programs for optimal results.“ @ThanxInc
2024 Outlook: Restaurant Trends and Challenges, Part Three modernrestaurantmanagement.c…
Incredible stuff from @RSerna2010 and team. Direct connections to card networks deliver yet another breakthrough for world-class embedded fintech on @finix.
Finix is a payments processor! With @Visa @AmericanExpress @Discover @Mastercard, we can offer:
🚀 Faster speed to market
⚡Quicker launch of network-related features
📊Consolidated reporting
🛍️Hundreds of new verticals & commercial opportunities
finix.com/resources/blogs/fi…
Spent 20+ minutes on the phone w/ some very responsive / helpful @firstrepublic bankers today — still the best corporate experience around. Just saw $FRC news — can't believe everyone I spoke with still delivered A+ service even amid that turmoil. Such a shame; I'm not leaving.
Opened new account @firstrepublic bank today. Got incredibly helpful call from banker at 6pm to finalize on tight timeline. Im buying $FRC. Great companies should / will be supported... difference vs. the big guys will become clear to those who left. Massive upside.
Will be wearing exclusively 💜🟣🟪 for the next 1-2 weeks all over San Francisco. Wish me luck. Let's go @SacramentoKings!
Opened new account @firstrepublic bank today. Got incredibly helpful call from banker at 6pm to finalize on tight timeline. Im buying $FRC. Great companies should / will be supported... difference vs. the big guys will become clear to those who left. Massive upside.













