King of Prussia's CardConnect rang the Nasdaq closing bell - Technical.ly Philly

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Sep. 8, 2016 9:03 am

King of Prussia’s CardConnect rang the Nasdaq closing bell

The company (ticker symbol CCN) has now been trading publicly for a month.
IPOs among tech’s elite are on the decline. An SEC rule change could reverse that trend.

IPOs among tech's elite are on the decline. An SEC rule change could reverse that trend.

(Photo courtesy of Nasdaq)

A Philly-area fintech company rung the closing bell Tuesday on the Nasdaq trading floor.

CardConnect, the King of Prussia-based payment processing firm, got its moment in the spotlight in celebration of its first month as a publicly traded company.

“It was an absolute honor and I’m extremely proud to be part of such a passionate, dedicated and hard-working group of individuals,” said Jeff Shanahan, CardConnect’s president and CEO. “It’s this team that gives CardConnect the bright future that it has.”

Back in August, as the company went public, Shanahan said one of CCN’s new goals was to bond as much as possible with Philly’s tech community through partnerships and internship programs.

Now that the bell has rung, we’ll be on the lookout.

Watch the full Facebook Live stream here.

Companies: CardConnect
People: Jeff Shanahan
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