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Stadium Tech Report

October 6th, 2024

Shift4

News

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...

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News

Appetize launches payment-processing service

As venues move toward more comprehensive digital solutions for services like ticketing, concessions and retail, it makes sense that service and product providers in the space are moving to make those deployments easier and more integrated. To that end, point of sale solutions provider Appetize recently launched a payment-processing service, in part to help venues seeking to streamline their back-end...

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Editorial

For stadium concessions, the digital revolution is here

Goodbye, old-style walk-up concessions stand. I won't miss you. I won't miss waiting in line behind someone who is "buying for everyone," trying to remember food and drink combinations for the family or the group of friends, then watching concession-stand employees ring up an order, put food items together, take payment and make change. These things should have disappeared from...

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News

Shift4 buys VenueNext for $72 million

Shift4, a provider of integrated payment processing for a wide range of industries including retail, hospitality and lodging, has purchased stadium app provider VenueNext for $72 million to jump-start a bigger move into the large public venue marketplace. According to press materials released by Shift4, the acquisition “significantly expands Shift4’s presence in large and growing verticals, adding to recent wins...

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