FinTech Magazine January 2020 | Page 67

[ HQ BOSTON , MA , US ]
MARKET VALUATION

US $ 2.7bn

67

06 Toast

[ HQ BOSTON , MA , US ]

As the name may imply , Toast specialises in food and , more importantly , restaurants of all sizes . The American cloud-based restaurant software company leverages PoS , front and back of house , as well as customer interfaces in order to provide excellent customer service . Originally launched in 2013 by Steve Fredette , Aman Narang , and Jonathan Grimm in Narang ’ s basement , today Toast has over 2,000 employees across 230 US locations , working with more than 70 partners in order to improve services from loyalty rewards through to payroll , for any type of eatery .
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