TouchBistro News

This is your source for the latest company and product news from TouchBistro.

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Press Releases

Company News

TouchBistro’s 2025 State of Restaurants Report Reveals 89 Per Cent of U.S. Independent Operators Feel Positive About the Use of AI

November 20, 2024

Toronto and New York (November 20, 2024) – Today, all-in-one restaurant management system, TouchBistro, releases its 2025 State of Restaurants Report. The annual report surveys 600 independent full-service restaurant (FSR) owners and operators from across the U.S., outlining the top challenges facing the industry, alongside the emerging trends…

Company News

TouchBistro Launches Inventory Management and Labor Management Software, Expanding its Portfolio of Back-of-House Solutions for Restaurants

September 10, 2024

The all-in-one POS and restaurant management system’s newest offerings stem from its acquisition of Peachworks TORONTO, September 10 – TouchBistro today announced the launch of its Inventory Management and Labor Management solutions for restaurant operators, following its acquisition of restaurant management software, Peachworks. The announcement marks another step…

Company News

State of Full Service Restaurants Report from TouchBistro Reveals 74% of FSRs in the U.S. Maintained or Increased Sales in 2021; Higher Operating Costs Ate into Profit Margins

January 31, 2022

TORONTO – January 31, 2022 – TouchBistro’s third annual State of Full Service Restaurants Report reveals the financial health of FSRs across the U.S. is more complicated than a few months of lost revenue. While the initial closure of full-service restaurants (FSRs) in early 2020 was a major financial blow…

Company News

TouchBistro Ranked Among the Fastest Growing Companies in the Technology Fast 50 (Canada) and Technology Fast 500 (North America) Programs for the Fourth Consecutive Year

November 19, 2020

TouchBistro Ranked 50 in Canada on the 2020 Technology Fast 50 and 291 in North America on the 2020 Technology Fast 500 TORONTO AND NEW YORK — November 18, 2020 — For the fourth consecutive year, TouchBistro has received the Technology Fast 50™ program award. The program recognizes Canada’s 50…

Company News

TouchBistro Ranked as one of Canada’s Fastest-Growing Companies by Canadian Business for Third Consecutive Year

October 15, 2020

TORONTO – October 15, 2020 – TouchBistro today announced that it has been ranked 31st on the Canadian Business 2020 Growth List. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the Growth List profiles the country’s most successful entrepreneurial businesses. This is the third consecutive year TouchBistro has been…

Company News

TouchBistro Ranked Among Canada’s Fastest Growing Companies by the Globe and Mail

September 25, 2020

TORONTO – September 25, 2020 – For the second consecutive year, TouchBistro is ranked among Canada’s fastest growing companies by The Globe and Mail. In the 2020 Report on Business list of Canada’s Top Growing Companies, TouchBistro is ranked 147th out of 400 Canadian companies based on…

Company News

TouchBistro Named to the 2020 CB Insights Fintech 250 List of the Fastest-Growing Fintech Startups

September 1, 2020

TORONTO and NEW YORK – September 1, 2020 – TouchBistro was named on the CB Insights third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. TouchBistro was recognized for its achievements in payments processing. “In the last three years, TouchBistro has…

Company News

TouchBistro Acquires Loyalty and CRM Software Provider TableUp

August 5, 2020

TableUp’s proprietary technology will form the foundation for an all-new TouchBistro Loyalty solution featuring fully-integrated CRM, marketing, and loyalty capabilities TORONTO and BOSTON – August 5, 2020 – TouchBistro today announced that it has acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. TableUp is…

Company News

TouchBistro Appoints John Doolittle as Chief Financial Officer

June 5, 2020

Doolittle brings to TouchBistro extensive finance experience with Canadian technology leaders TORONTO – June 4, 2020 –TouchBistro today announced that John Doolittle has joined its executive leadership team in the role of Chief Financial Officer (CFO). Doolittle brings to this new role at TouchBistro a wealth of experience leading the…

Company News

A Letter from TouchBistro’s Founder and CEO

April 14, 2020

April 14, 2020 I wanted to share with you some details of how we have been managing through the COVID-19 pandemic which, as you know, has had a devastating impact on our core customers within the restaurant industry and ultimately on our own business operations. Most restaurants have been forced…

Company News

TouchBistro Partners with Lendio to Facilitate Paycheck Protection Program (PPP) Loan Applications for Restaurants

April 14, 2020

NEW YORK – April 14, 2020 – TouchBistro today announced that it has teamed up with Lendio to make it easy for U.S.-based restaurants to apply for the Paycheck Protection Program (PPP) loan, which is backed by the Small Business Administration (SBA). Lendio is the largest small business…

Company News

TouchBistro Launches ‘Restaurant Recovery Navigator’ and New Products to Support Restaurateurs Through the COVID-19 Pandemic

April 6, 2020

New initiative provides restaurateurs with extensive resources and new products – like Gift Cards and Online Ordering – to help adapt their operations to the current business climate NEW YORK and TORONTO – April 6, 2020 – TouchBistro announced today the launch of its all-new Restaurant Recovery Navigator, a go-to…

Company News

TouchBistro Recognized as One of Canada’s Top Growing Companies by the Globe and Mail

September 27, 2019

TORONTO – September 27, 2019 – TouchBistro today announced that it ranks 92nd of 400 on the inaugural Globe & Mail Report on Business list of Canada’s Top Growing Companies. TouchBistro received it ranking based on three years of revenue growth of 467%. “It’s truly an honor to be…

Company News

TouchBistro Raises $158 Million in Series E Funding Led by OMERS Growth Equity with Participation from Barclays Bank and Others

September 18, 2019

TORONTO, NEW YORK, and LONDON – September 18, 2019 – TouchBistro today announced that it has raised CDN$158 million in Series E funding. The round was led by OMERS Growth Equity with participation from Barclays Bank, RBC Ventures, BMO Capital Partners, and existing investors including…

Company News

TouchBistro Ranks No. 27 on the 2019 Growth 500 List of Canada’s Fastest-Growing Companies

September 12, 2019

TORONTO – September 12, 2019 – Canadian Business and Maclean’s has ranked TouchBistro as the 27th fastest-growing company in Canada on its annual Growth 500 list. Produced by Canada’s premier business and current affairs media brands, the Growth 500 ranks Canadian businesses on five year revenue growth. Growth 500 also…

Company News

Barclaycard Partners With TouchBistro to Power Payments For Its Award-Winning Restaurant POS Solution

August 29, 2019

Barclaycard is the UK payments partner for TouchBistro, the point-of-sale (POS) solution designed to streamline processes for food and beverage establishmentsThe integration of Barclaycard’s payments technology will drive efficiency and reduce human errors associated with the bill-paying processNew research from Barclaycard shows half of consumers say that if wait staff…

Company News

TouchBistro and EVO Payments México Partner to Provide a Fully Integrated Point-of-Sale and Payments Solution for Restaurants

June 17, 2019

Restaurants can increase efficiency, provide a better customer experience and drive greater profitability with the integrated solution Mexico City, New York and Toronto — June 17th, 2019 — Today TouchBistro and EVO Payments México announced a partnership to offer restaurants in Mexico TouchBistro’s iPad point-of-sale (POS) technology fully integrated with…

Company News

TouchBistro Publishes Research Report on the State of Full Service Restaurants in 2019; Reveals an Average Profit Margin of 11 Percent for FSRs

April 8, 2019

Survey of 500 FSRs throughout the US was facilitated by Maru Matchbox and provides key benchmarks for FSR operations NEW YORK and TORONTO – April 8, 2019 – A research report published today by TouchBistro on “The State of Full Service Restaurants in 2019” highlights benchmarks on key operational…

Company News

TouchBistro’s John Florinis Named to the Electronic Transactions Association’s Forty Under 40

February 26, 2019

February 26, 2019 — TORONTO — The Electronic Transactions Association (ETA) has named John Florinis, Vice President of Payments at TouchBistro, to its 2019 Forty Under 40 class, recognizing him among gamechangers at the intersection of payments and technology. He was selected by the ETA for his actions and leadership…

Company News

TouchBistro Wins the Global Business Award from the Growth 500 Ranking of Canada’s Fastest-Growing Companies

November 6, 2018

American Express Canada and Canadian Business recognize TouchBistro for dramatically scaling its business outside of Canada in the past five years TORONTO, November 6, 2018 – TouchBistro has been named the Global Award Winner of the 2018 Growth 500, sponsored by American Express Canada. Annually, the Growth 500 ranks Canadian’s…

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