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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

Adyen offers payment processing for stores and online transactions — tasks traditionally controlled by major financial institutions, credit cards and some IT suppliers. ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners. Adyen stands outside that system.

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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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Five At Five: Even Financial Gets New Funding Round

PYMNTS

The firm, which is a unit of Steinhoff International Holdings NV, had sought to restructure some of its debt. As part of the agreement, Visa will offer a tokenized virtual card to Behalf clients, which allows them financing for business purchases. Mattress Firm Inc., New York City Council To Vote On Ridesharing Limits.

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New Big Tech Attacks, Uber Subscriptions Dominate Week’s News

PYMNTS

Nevada Marijuana Dispensary Uses Food Trucks to Sidestep Cards Regs. 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. PayPal’s Q2 Rattles Investors.

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PaySwag Launches Payment Collection App for the Underbanked

Fintech Labs Insights

The mobile app simplifies the collection of payments, fees, and fines with cash or cards. Never before has this demographic been incentivized with Amazon gift cards, Redbox rentals, or Starbucks lattes just for keeping a payment plan. HQ: Reno, NV. ” Presenting Max Haynes (CEO) and Mark Miller (CTO). Founded: October 2014.

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MoneyAmigo Delivers Traditional Banking Products in a Non-Traditional Way

Fintech Labs Insights

By providing basic banking functionality – bank account, debit card, bill payment and direct deposit – for free, along with an innovative peer-to-peer payment platform, MoneyAmigo provides financial control for those who are un/underbanked. HQ: Las Vegas, NV. Metrics: $300,000 raised, 7 person dedicated team, lead by Kim Norland.