5 Interesting Learnings from Toast at $1.5 Billion in ARR
SaaStr
AUGUST 21, 2024
But Gross Margins Only 28% on Payments and Related Solutions Low gross margins on payments and financial services of only 28% makes Toast’s model much tougher than Shopify’s (39%) or Bill’s (80%+). It’s probably not really a SaaS company, but close enough to include it in our series and our ecosystem. #3.
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