Elo, a Brazil-based payments firm, is planning its initial public offering (IPO) likely for the second half of 2021 and is seeking a valuation of about $7 billion, Reuters reported, citing anonymous sources. The company has picked six banks to potentially manage its IPO, the...
To help modernize its restaurants and provide new ordering experiences to its diners, Taco Bell is bringing new technology into its brick-and-mortar restaurants across the country: The quick-service restaurant (QSR) chain is deploying self-service kiosks. The devices enable customers to peruse the Mexican-inspired chain’s menu...
Shake Shack is adding Expo Screens by Kitchen Armor and Elo to the back-end kitchen operations of its 70-plus locations. Kitchen Armor manufactures stainless steel touchscreen enclosures. Elo’s open-frame touchscreens will compile all the components of each customer’s order in the final moments before the...
While much is made of online retail, most transactions still take place in-store. But even in physical retail, consumers are drawn to digital experiences. For merchants looking to keep up with consumer expectations in the digital age, in-store technologies have become key investments. “On a...
November 16, 2023
Prove Identity says Brazilian payment tech company Elo will use its technology to battle fraud. The partnership, announced Thursday, will let Elo leverage Prove’s identity verification solutions to improve its customer experiences while also fighting SIM swap fraud and the rise of “orange accounts” in Brazil. “We are thrilled that Elo has joined the growing number of Brazilian companies […]
April 08, 2021
Elo, a Brazil-based payments firm, is planning its initial public offering (IPO) likely for the second half of 2021 and is seeking a valuation of about $7 billion, Reuters reported,...
January 31, 2017
The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the...
