Last week was surprisingly busy given how close it was to the year-end holiday freeze. But two blockbuster deals, $250 million to Swedish payment company Adyen and $200 million raised in an IPO from Finovate alum OnDeck, made it one of the biggest weeks of the year.
Post Tagged with: "CardCash"
It’s that special time of year… the days are getting shorter, leaves are falling, and gift cards are in the air. The venture money is flowing into gift cards as well. Gift card marketplace Raise just finished an $18.1 million funding round, according to GigaOm.
Facebook announced yesterday that it would on August 12 shut down Facebook Gifts, its program selling virtual and physical gift cards for retailers such as Best Buy and Starbucks. Does this mean digital gift cards done? Hardly. Several payments players are placing bets on gift cards just as Facebook backs off. Payment processor First DataRead More