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Food Delivery Shows No Sign Of Abating In Summer

PYMNTS

Uber Technology is reportedly offering $2.6 DoorDash, the country’s largest deliverer of restaurant meals, could be valued as high as $15 billion following a likely infusion of capital from existing investors. The interest among established buyers in growing food delivery operations is far more than a U.S. phenomenon.

Arizona 162
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UPS Invests In Autonomous Driving Firm TuSimple

PYMNTS

The delivery company also said that it’s been testing self-driving trucks on a freight route in Arizona since May. But the technology has a ton of implications today.”. Right now, autonomous UPS trucks are operating an a stretch of highway between Phoenix and Tucson, Arizona. The size of the investment was not disclosed.

Tucson 100
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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Scottdale, Arizona was chillier than normal this week, but that didn’t prevent bankers from having heated discussions about 2023 at this year’s Acquired or Be Acquired conference, hosted by Bank Director. Like the Phoenix Open and Super Bowl week coming soon to Arizona, it’s clear things are going to be hopping in banking this year.

Arizona 147
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New Digital Experiences Keep Credit Unions Relevant – And Then Some

PYMNTS

Like their cousins in banking, credit unions (CUs) long enjoyed a relaxed pace of technological change. Arizona-based FI consulting firm Cornerstone Advisors noted that just three major banks have 47 percent of the accounting and payment services sector’s $11 billion.”. It was all on their timetable. Not anymore.

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Nuro Raises $940M From SoftBank For Robotic Delivery

PYMNTS

Nuro, the robotics company operating in the commerce market, announced on Monday (Feb. In a press release , the company said that to date, it has raised more than $1 billion from SoftBank, Greylock Partners and Gaorong Capital. 11) that it has raised $940 million in financing from the SoftBank Vision Fund.

Arizona 100
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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! Let’s put COVID aside for a minute. price/book multiple.

Fintech 167
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Einride Presses The Pedal On Autonomous Delivery

PYMNTS

Sweden-based Einride , which makes autonomous delivery vehicles, has raised $25 million in fresh capital. Scant information was immediately available from Einride, which appears poised to use that capital to expand internationally and otherwise continue development of its electric Einride Pods.

Houston 116