Other news... (Dec 8 edition)

Posted by Trustev on December 9, 2014

Stripe is at it again -- it raised $70 million at a $3.5 billion valuation, doubling what the company was valued at its previous round earlier this year. Stripe is one of the hottest payments startups in the Valley and is a preferred partner for Apple Pay.

On-demand apps are all the rage, and VC’s are taking notice. Instacart, the on-demand grocery delivery service, raised a $100 million Series C at a $2 billion valuation.

Square is making good use of its acquisition of food delivery service Caviar, launching an iOS app. Caviar was initially web-only and only in a few markets, until Square purchased it for a rumored $90 million.

 

Topics: News