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Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts

PYMNTS

In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business. New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’. Plus, Grab Financial raised $300 million.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Tipping system for retail point of sale.