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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck, not at the Blüm Marijuana Dispensary ,” the Reno Gazette-Journal reports. .

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 Volatile stock markets and political uncertainty has made it challenging for other Europe-based companies to sell shares. ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners.

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Payment Co. Nexi’s IPO Raises $2.3B

PYMNTS

The payment company is a credit card issuer and also an ATM manager, and its IPO comes in the wake of two other notable ones: Network International, which went public in London on April 10 and Adyen NV, scheduled for June in Amsterdam. The shares begin trading on April 16 in Milan, and the company’s equity value is about 5.7

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MoneyAmigo Delivers Traditional Banking Products in a Non-Traditional Way

Fintech Labs Insights

Then, MoneyAmigo showed how its serves underserved markets: “MoneyAmigo fuses a simple user experience, with innovative and sophisticated “in-chat” peer-to-peer payments – crossing any boarder in 3 clicks; 3 seconds. HQ: Las Vegas, NV. This post is part of our live coverage of FinovateSpring 2015. Founded: January 2015.

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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

Governor Steve Sisolak (D-NV) has authorized what The Associated Press called a “limited marijuana banking system” for the state, a tourist mecca where recreational cannabis is legal. The news is a bit vague so far, but certainly significant. Three-Year Pilot. 1, 2019 through June 30, 2023. population.

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