Poynt cashes in, Sapho sells out and Simple Habit stays calm




San Francisco Chronicle Business & Technology News - Spoken Edition show

Summary: A Palo Alto company that’s speeding credit card swipes and dips for restaurants and other retailers is now planning to expand to more countries with its recent funding. Poynt recently raised $100 million in a round of funding led by Elavon and National Australia Bank, bringing its total backing to $133 million. The new round will help Poynt expand to several countries in Europe and Asia. It will also help the company bring Poynt’s software to other makers of card-reading devices.