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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

PYMNTS

“This is now about one product that works for your entire life,” Kirkpatrick said, noting that Mastercard has already embedded its contactless-enabling technology in 16 metro areas, including Los Angeles, Boston, New York and Denver, “which means this is no longer a change coming on the hypothetical horizon, but one coming very soon.”.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. via Beta Boston. ” via Boston Globe.

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242 Startup Failure Post-Mortems

CB Insights

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year.

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