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Instacart raised $225 million in the funding round. It will use the infusion to support the surge of new customers, workers and partners and fuel behind-the-scenes work in advertising and business software it provides to grocery partners.June 15
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Sony has invested in digital transaction security firm MagicCube, citing it as the Sony Innovation Fund's first investment outside of Japan.May 28
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The coronavirus has forced Carnival and other operators to sit idle, not board any passengers, and seek possible investors.May 27
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Payments unicorn Stripe contends it has the financial power to apply its technology to coronavirus medical care, remote telework, business funding, and easier onboarding for companies that have been suddenly thrust into an internet existence.April 16
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CVCs can access new technologies, while gaining venture capital returns, and evaluating businesses for potential acquisitions.March 31
Managing directorDeloitte
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The major technology companies that have chipped away at incumbent payment businesses face much larger competition from this year’s big processing mergers, but they’ve also bulked up through fundraising and product development.September 30
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The major technology companies that have chipped away at incumbent payment businesses face much larger competition from this year’s big processing mergers, but they’ve also bulked up through fundraising and product development.September 24
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Changing consumer attitudes about these companies and the emergence of open banking have made them appealing to venture investors, whose commitments rose 15% in the first half of the year.August 13
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Investors are making bets on checkout-free retail, a category that is just as challenging as it is innovative. But it's payment technology's race to the moon, a chance to seize a favorable position in the struggle to save retail.August 5
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A trio of big deals in the payments and financial tech area and continued bank and venture capital interest in fintech investments are creating expectations for a banner year.June 10
