Tapping into the US church market: Pushpay

Chris Heaslip is the CEO of Pushpay Holdings, a New Zealand start-up that's listed on the ASX, but operates in the United States. The company has an app that allows churches to accept digital donations. Alan Kohler spoke to Chris to find out how the business is progressing.

Alan Kohler here with today’s CEO and it’s Chris Heaslip, the CEO of Pushpay Holdings, the New Zealand start-up that’s listed on the ASX but is actually operating in the United States.  Chris lives in Seattle, has done for the last four or five years.  I spoke to Chris a year or so ago, just a bit more than a year ago, when the share price had just had a huge run up and was nearly $4 dollars.  It had gone up from $1.50 in mid-2017 to $3.90 when I spoke to him last December, in December 2017.  Since then, the share price has been drifting but he’s been pushing ahead with the business, signing up customers and has just announced that they have gone cashflow positive for the first time and he reckons that they’ll stay cashflow positive now.

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