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Lightspeed acquires restaurant software company Upserve for $430M

Lightspeed acquires restaurant software company Upserve for 0M Lightspeed POS just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. It went public in Canada last year before recently debuting on the New York Stock Exchange and acquiring […]

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Who’s building the grocery store of the future?

Who’s building the grocery store of the future? Christopher Wan Contributor Share on Twitter Chris is a venture fellow at Bessemer Venture Partners and a JD/MBA candidate at Stanford University who writes a weekly newsletter about tech, policy and business strategy. The future of grocery stores will be a win-win for both […]

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YC-backed Cashfree raises $35.3 million for its payments platform

YC-backed Cashfree raises .3 million for its payments platform Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Bangalore-based startup’s Series B was led by London-headquartered private equity firm […]

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India’s insurance platform Turtlemint raises $30 million

India’s insurance platform Turtlemint raises million Turtlemint, an Indian startup that is helping consumers identify and purchase the most appropriate insurance policies for them, has raised $30 million in a new financing round as it looks to reach more users in small cities and towns in the world’s second largest internet market. […]

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Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more

Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Cardinal Ximénez: NOBODY expects the Spanish Inquisition! I […]

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WhatsApp receives approval to expand its payments service in India

WhatsApp receives approval to expand its payments service in India WhatsApp, which began testing its payments service in India with 1 million users in early 2018, can finally start to expand the feature to more users in the world’s second largest internet market. National Payments Corporation of India (NPCI), the body that […]

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Walmart’s PhonePe zips past Google Pay in India as UPI tops 2B monthly transactions

Walmart’s PhonePe zips past Google Pay in India as UPI tops 2B monthly transactions UPI, a four-year-old payments infrastructure built by India’s largest banks, surpassed 2 billion transactions last month, exactly a year after hitting the 1 billion monthly transactions milestone. Driving the transactions for UPI — which has become the most […]

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In the ‘buy now, pay later’ wars, PayPal is primed for dominance

In the ‘buy now, pay later’ wars, PayPal is primed for dominance Stephen Milbank Contributor Share on Twitter Stephen Milbank is the co-founder and Head of Global Strategic Partnerships at Button, a mobile commerce technology company that is powering a commerce-driven internet. The COVID-19 pandemic has already dramatically reshaped how Americans shop, […]

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Adyen alumni raise €2.6M seed to launch Silverflow, a ‘cloud-native’ card payments processor

Adyen alumni raise €2.6M seed to launch Silverflow, a ‘cloud-native’ card payments processor Silverflow, a Dutch startup founded by Adyen alumni, is breaking cover and announcing seed funding. The pre-launch company has spent the last two years building what it describes as a “cloud-native” online card processor that directly connects to card […]

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Daily Crunch: Venmo launches a credit card

Daily Crunch: Venmo launches a credit card Venmo’s first credit card is here, a former Amazon employee is arrested for fraud and we review the Nest Audio smart speaker. This is your Daily Crunch for October 5, 2020. The big story: Venmo launches a credit card PayPal -owned mobile payment app Venmo […]

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