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SpotOn raises $300 million, in part to acquire venue POS services provider Appetize
Consolidation in the back-end payments market continued Monday, with the announcement by restaurant/retail payments provider SpotOn that it had raised $300 million in funding, in part to allow the firm to purchase point-of-sale services provider Appetize, which has won big chunks of business in the stadium and events space recently. The big funding round was led by Silicon Valley VC...![](http://ec2-52-27-160-251.us-west-2.compute.amazonaws.com/wp-content/uploads/2023/10/Screen-Shot-2021-04-26-at-10.17.16-PM-716x540.png)