FinTech news in Instacart category

With this expansion, grocers of all sizes can use Carrot Payments, an Instacart Platform solution, to accept EBT SNAP payments online across 49 states and Washington, D.C. Instacart offers EBT SNAP acceptance through the Instacart Platform, a suite of enterprise-grade solutions that help enhance and digitize retail experiences. EBT SNAP participants can shop for pickup or delivery via the Instacart App and grocers’ Instacart Platform-powered websites and apps. Instacart announced today that Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) can now be used to buy groceries online in 10 additional states through its app.

It’s almost formulaic: 409A assessors will tell a startup what public market companies they look like, and the more mature the startup is, the higher the impact public stock prices can have on the startup’s valuation. That’s because a low 409A valuation allows companies to grant their employees stock options at a lower price.

Oriient, which powers the platform that Instacart shoppers use to gather their orders in hundreds of stores in North America, this week announced that it has raised an $11 million Series A round, which brings its total funding to $16 million. The idea behind Oriient, which currently has 35 employees, is to offer an indoor positioning platform that can work without any dedicated hardware, beacons or Wi-Fi to locate you inside an airport, office, store or anywhere else without access to a GPS signal.