Why Are HubSpot Shares Trading Higher Today?

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  • Customer relationship management (CRM) platform HubSpot Inc HUBS launched its open beta for HubSpot Payments at INBOUND 2021. HubSpot Payments is an end-to-end payment solution built to deliver a more connected buyer experience. 
  • Built as part of the HubSpot CRM platform, HubSpot Payments enables companies to accept payments in less time and with fewer tools.
  • As HubSpot Payments is built directly into the HubSpot CRM, companies can quickly begin accepting digital payments without writing code or cobble disparate integrations together.
  • HubSpot Payments supports all major credit cards and ACH payments. HubSpot is also waiving fees on the first $50,000 of ACH transactions processed through HubSpot Payments each month.
  • Stripe, a HubSpot partner since 2018, is helping power HubSpot Payments.
  • Price Action: HUBS shares traded higher by 17.5% at $801.99 on the last check Tuesday.
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