#98 | How strong is Shift4's competitive advantage? w/ Niklas from Heavy Moat Investments

In this episode, Niklas and Bouke dive deep into Shift4's four segments. While the underlying business has performed remarkably well, Shift4's share price has declined by over 50%. What's going on here?Shift4 is a fintech company operating in the payments space. It provides end-to-end payment processing solutions, combining software, hardware, and payment gateway services into one platform. The company serves merchants in industries such as restaurants, hospitality, retail, and entertainment, enabling them to accept transactions both in-store and online. To read our 30-page analysis on Shift4, become a TDI Member.To follow more of Niklas's work, click here.Support the showTry our all-in-one investing terminal!Research. Track. Compound. Your complete fundamental toolkit.A new company deep dive every 14 days!Professional investing toolsLive company financials and KPIsExclusive TDI-member community24/7 live access to our personal portfolio'sAll our buys & sellsAnd much more!➡️ www.TDI-Terminal.comYou can also find us on:X ⁠@DutchInvestors⁠Substack ⁠@The Dutch Investors⁠Instagram ⁠@The Dutch Investors⁠🎁 Proud partners of PDT. Save 15% on any PDT plan! 🎁 Proud partners of Fiscal. Save 15% on any Fiscal.ai plan!Disclaimer:Nothing in this podcast can be considered financial advice. This is for educational purposes only. We may hold positions in the businesses discussed. Do your own research.