---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-263590"
form_type: "8-K"
ticker: "FOUR"
cik: "0001794669"
company_name: "Shift4 Payments, Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:44:15.191069+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Shift4 completes $600M acquisition of Finaro to accelerate European expansion

## Summary
- Closed Oct 26, 2023; consideration: $200M cash, $325M stock, up to $50M earnout, $25M RSUs.
- Finaro is a cross-border ecommerce payments provider and fully licensed bank with large European presence.
- Acquisition expands Shift4's TAM in geographic coverage and industry verticals, enabling international expansion.
- Shift4 to offer card-present solutions (SkyTab, VenueNext) in Europe; gains 500+ integrations and 200K+ merchants.
- Finaro will rebrand as Shift4 to operate under a single global brand reflecting unified platform.

## SEC filing metadata
- accession: 0001193125-23-263590
- form_type: 8-K
- ticker: FOUR
- cik: 0001794669
- company_name: Shift4 Payments, Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794669/000119312523263590/0001193125-23-263590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794669/000119312523263590/d560130d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-263590
- JSON: https://secwatch.observer/filing/0001193125-23-263590.json
- Plain text: https://secwatch.observer/filing/0001193125-23-263590.txt

## Key facts
- M&A Transactions
  Shift4 Payments, Inc. completed an acquisition involving Credorax, Inc. (d/b/a Finaro) for $200.0 million in cash and $325.0 million in Class A common stock; additional $50.0 million in Class A common stock contingent on milestones; $25.0 million in e (closed 2023-10-26).
  - Action: acquisition
  - Counterparty: Credorax, Inc. (d/b/a Finaro)
  - Consideration: $200.0 million in cash and $325.0 million in Class A common stock; additional $50.0 million in Class A common stock contingent on milestones; $25.0 million in e
  - Closing: 2023-10-26
  source text: ”). The Company, Shift4 LLC, Shift4 Subs are hereinafter referred to as “ Buyer Group ”. The consideration for the Acquisition consisted of (i) payment by the Buyer Group of $200.0 million in cash and $325.0 million in Class A common stock with customary lock-up provisions for up to 12 months following completion of the Acquisition; (ii) additional consideration
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794669/000119312523263590/0001193125-23-263590-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.