Foiling electric boats are getting a lot of attention worldwide as the zero-emission, high speed, water transit solution of the future. The race is on to get the first of the vessels into actual service and San Francisco based foiling e-boat start-up Navier aims to be an early front runner. It is to pilot zero-emission water shuttle services in the Bay Area in partnerships with e-payment infrastructure specialist Stripe.
At launch of this initial program, planned for March 2024, Navier will...
Stock-related information surrounding three of the biggest names in their segments populated the news cycle on Thursday as word of public stock offerings for all three came to light.
According to multiple reports, online payments firm Stripe and online grocery Thrive Markets are mulling initial public offerings (IPO) while Zomato, the largest India-based food-delivery company, said it would go public next week in India with a valuation up to $7.98 billion, setting a per share price range of 96...
https://www.freightwaves.com/news/report-stripe-eyeing-blockbuster-ipo
A survey of 500 restaurants and 1,000 consumers released in February found that 62% of restaurant revenues in 2021 are expected to come through online channels. In addition, the survey, conducted by Wakefield Research on behalf of payments provider Square (NYSE: SQ), found that 75% of restaurants plan to offer contactless ordering and payment options, with 61% of those utilizing on-premise payment systems.
Digital orders to restaurants in the U.S. rose 145% in December 2020 compared to December...
https://s29755.pcdn.co/news/foodetective-seeks-to-unify-restaurant-systems
Global payments company Stripe is adding a new tool to its solutions for online customers – tax preparation services.
Stripe will acquire TaxJar for an undisclosed sum. The transaction is expected to close pending regulatory approvals, the company said in a statement Wednesday.
TaxJar provides sales tax automation software for internet businesses.
Founded in 2013 by Mark Faggiano, Ryan Thompson and Matt Anderson, TaxJar employs approximately 200 people. Stripe said TaxJar customers can continue to...
https://s29755.pcdn.co/news/stripe-acquires-taxjar-plans-to-build-tax-automation-solutions
Payments technology provider Stripe has raised $600 million in additional funding for a $95 billion valuation, making the firm the most valuable startup in the U.S., according to CB Insights, which pegs the company’s valuation second only to China’s Bytedance in the world. Bytedance is valued at $140 billion.
Stripe, which is based in San Francisco, California, and Dublin, Ireland, was valued at $36 billion last April when it also raised $600 million. Total funding across 15 rounds is now $2.2...
https://www.freightwaves.com/news/stripe-most-expensive-startup-in-us-with-$95b-valuation