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Insights for the Food and Grocery Industry

Food tech solution provider GrubMarket acquires fintech firm IOT Pay

GrubMarket, an e-commerce tech providing platform, has acquired BC-based fintech firm IOT Pay to accept digital payments internationally, both in-store and online. This acquisition would aid GrubMarket address the food supply chain industry’s increasing need for speedy, flexible and robust digital payment and financing options by deploying IOT Pay’s technology infrastructure. IOT platform has a wide portfolio of customers, including notable grocers, online courier platforms and merchants such as H Mart.

Full story: ProgressiveGrocer 

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