Consolidation in the back-end payments market continued Monday, with the announcement by restaurant/retail payments provider SpotOn that it had raised $300 million in funding, in part to allow the firm to purchase point-of-sale services provider Appetize, which has won big chunks of business in the stadium and events space recently. The big funding round was led by Silicon Valley VC...
While the timeline for fans returning to large public venues for sports and events is still uncertain, one thing that does seem inevitable is that the future of stadium concessions will see more ways for fans to get food and beverages without human interactions. That’s certainly the view from Appetize, one of the top players in the venue point-of-sale technology...