Blackbird gobbles up $50M for its blockchain-based payment-loyalty app for restaurants

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A founder who has carved out a name for himself building products to help restaurants connect better with would-be diners has raised $50 million for his latest startup: a new take on the idea of customer loyalty. 

Blackbird Labs has built a payments-meets-loyalty-meets-blockchain platform for restaurants to grow repeat business while reducing some of the friction around transactions. Now, with with some 1,000 restaurants signed up, CEO Ben Leventhal said Blackbird plans to use the money to launch its newest product, a cross-restaurant “points”…



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Blackbird gobbles up $50M for its blockchain-based payment-loyalty app for restaurants


A founder who has carved out a name for himself building products to help restaurants connect better with would-be diners has raised $50 million for his latest startup: a new take on the idea of customer loyalty. 

Blackbird Labs has built a payments-meets-loyalty-meets-blockchain platform for restaurants to grow repeat business while reducing some of the friction around transactions. Now, with with some 1,000 restaurants signed up, CEO Ben Leventhal said Blackbird plans to use the money to launch its newest product, a cross-restaurant “points”…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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