Toast, a firm providing tech solutions to restaurants, has just filed for a $100 million IPO. On Friday, an S-1 filling report submitted to the U.S. Securities and Exchange Commission revealed the information. About 48,000 restaurant locations across 29,000 customers have leveraged Toast’s technology. The tech firm made over $38 billion in gross payment volume in the past year. The pandemic was not an easy year, and Toast laid off 50% of its employees. But it recovered quickly due to the boom in e-commerce.
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