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Chipotle Opening Digital-Only Kitchen Near West Point Academy

PYMNTS

Chipotle Mexican Grill is capitalizing on the surge in online demand and opening its first digital-only restaurant in Highland Falls, New York, just outside the gates of West Point military academy. The original 1993 signage from its very first location in Denver, Colorado hangs in the entrance. .

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Western Union Discovers New Ways for an Old Business

Bank Innovation

Aside from the theoretical mention of blockchain technology, there haven’t been many major changes in cross-border money movement technology. based fintech […].

Denver 150
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Rewards app Ibotta closes Series D round, in talks with ‘large banks’

Bank Innovation

Ibotta, a seven-year-old cashback rewards app, has raised an undisclosed amount of Series D funding, led by Koch Disruptive Technologies, at a $1 billion valuation.

Denver 170
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Ibotta Rewards Startup Gets Funding Infusion For Hiring, Expansion

PYMNTS

Rewards company Ibotta announced it has closed a series D funding round led by Koch Industries subsidiary Koch Disruptive Technologies, bringing Ibotta to a $1 billion valuation. Beyond being just a capital provider, we look forward to bringing additional capabilities to help Ibotta deliver even more value back to consumers.”.

Denver 115
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Sweetgreen Closes $150M Funding Deal On A $1.6B Valuation

PYMNTS

Restaurant disruptor sweetgreen raised $150 million in a new funding round co-led by Lone Pine Capital and D1 Capital Partners, sweetgreen said in a press release on Monday (Sept. The new funding will enable sweetgreen to advance technology and supply chain while also addressing its social impact.

Denver 116
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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NCR Expands Hospitality POS With BEC Buy

PYMNTS

NCR announced late last week the acquisition of BEC , a provider of hospitality point-of-sale (POS) technology based in Denver. BEC has always focused on taking great care of our customers, delivering innovative solutions, and expanding our market reach,” said Audrey Borski, president of BEC. “We

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