Digital Transactions Authoritative, insightful and timely information for payments professionals
- Forage Technology Corp., a payment processor specializing in SNAP EBT acceptance for grocers, said it raised $22 million in Series A funding led by venture capital firm Nyca with participation from PayPal Ventures, EO Ventures, and the founder of Instacart, a grocery delivery provider.
- Infinicept, an embedded payments specialist, launched Infiniport, its tool that enables clients to use their own processor.
- Payments provider Nuvei Corp. expanded its board from six to eight members, adding Maren Lau, an executive at Meta Platforms Inc., and Tim Dent, former chief financial officer at DraftKings Inc., as independent directors.
- Retailer REI Co-op launched its cobranded card with Capital One.
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