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Bill.com Enjoys Tremendous Debut Trading Day

Thursday, Dec 12 2019

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Written by FinTech News Brief Staff

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Bill.com Enjoys Tremendous Debut Trading Day

In its first day of trading, fintech Bill.com jumped 61% over it’s $22 debut price. So reports CNBC.

The company is traded on the New York Stock Exchange and sells payment processing software to small- and medium-sized businesses. Bill.com’s revenue for fiscal 2019 totaled $108.4 million, which amounts to a 67% bump from last year’s $64.9 million. It counts J.P. Morgan, Bank of America and American Express among its partners.

Read the full article from CNBC.

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